With CareSuper you can access great cover at competitive prices
Employee Plan members
If you join CareSuper through your employer, you will automatically receive default death and total & permanent disablement (TPD) cover (subject to meeting eligibility conditions).
CareSuper default insurance cover
|Age||Death cover||TPD cover|
|15–29||1 unit||4 units|
|30–64||4 units||4 units|
The amount of default insurance you are entitled to depends on your age and occupation. Before you turn 30, you might not have a lot of debt or anyone who relies on you financially, so default cover is enough to meet your needs. Over 30 and you are more likely to have greater financial commitments and dependants, so your default cover will increase at this age.
How much cover you need depends on your individual circumstances. You should assess your insurance needs regularly and adjust your cover as required. Insurance premiums are deducted from your account. Our insurance calculator can help you find out how much your cover with CareSuper will cost.
A financial planner can help you work out how much cover you might need. CareSuper members can access financial advice on super-related topics, like insurance, over the phone at no extra charge. Read about financial planning through CareSuper here.
Information about increasing your death and TPD cover, or adding income protection, can be found here.
Personal Plan members
Personal Plan members do not receive default cover, but are still eligible to apply for great insurance through CareSuper. Information on how to apply for insurance is available here.
Corporate insurance arrangements
If you are covered under a Corporate insurance arrangement, see your Product Disclosure Statement, including your Insurance Guide, for information on your insurance.
New Member Options
It’s easy to increase your cover if you are a new member!
If you are under age 60, you can increase your cover up to the lesser of 7 x salary* or $750,000, and/or add income protection without health evidence, if you do so within 90 days of the date on your Welcome letter or email.
There are three different occupational categories that reflect the level of risk associated with different roles and occupations.
Each category has a different amount of cover per unit. The three categories are:
- Office, and
For further information on occupational categories and to determine which category applies to you, refer to the Insurance Guide.
To change your occupational category, complete the Changing your occupational category form.
If you want to find out how much your insurance cover through CareSuper will cost, use the insurance calculator.
* Salary for permanent employees is the gross annual salary (including overtime, commission, bonuses and shift allowances but excluding mandated SG contributions).