TPD insurance

Protect your future, whatever happens 

Total and permanent disablement (TPD) insurance provides a lump sum payment if you are never able to work again due to injury or illness. This payment could be used to cover medical bills and to ensure the overall security of your family and your home.

Check your eligibility 

You must be aged at least 15 and under 70 and meet other eligibility criteria to obtain TPD cover with us. 

For eligible Employee Plan members, standard cover (which includes death and TPD cover) starts automatically when you turn 25, your account balance reaches $6,000 and you receive an on-time contribution from your employer. You can also make an election so cover starts when you tell us or when you receive an on-time contribution from your employer, whichever is later. If standard cover isn’t right for you, you can tailor or cancel at any time. 

Cost of TPD insurance 

Eligible members have access to age-based cover or fixed TPD cover. 

If you have standard age-based cover the fees you pay depend on your age and gender. They are based on weekly rates and deducted from your super account on the last calendar day of every month.

See your relevant Insurance Guide for further details on the cost of cover. 

Your occupation makes a difference to your cover 

There are two occupational categories - General and Professional - each reflecting the level of risk associated with different roles and occupations. You can apply to change your occupational category to pay less for your cover or get more for a slight increase in fees. 

Apply for TPD cover in the ‘Insurance section’ of MemberOnline, or complete and return an Insurance application form. 

TPD cover FAQs
What is TPD insurance?

TPD insurance cover provides you with a benefit (payment) if you’re unable to work again because of illness or injury. 

How much TPD insurance do I need?

This depends on your individual circumstances. 

If you’re an eligible Employee Plan member, you’ll receive the standard level of age-based cover when you meet certain criteria. There are three levels of
standard cover, depending on your employer: 100% standard cover, 125% standard cover and 150% standard cover.

However, it’s a good idea for all members to review their actual insurance needs and apply to increase their cover, decrease or cancel their cover accordingly.

For more information read your Insurance Guide and 125% standard cover Fact sheet or 150% standard cover Fact sheet if applicable to you. You can also check out our insurance calculator.

If you would like to speak to someone about your insurance needs, CareSuper members have access to general and limited advice over the phone, as part of their membership.*

* Financial advice obtained over the phone, or through MemberOnline, is provided by Mercer Financial Advice (Australia) Pty Ltd (MFAAPL) ABN 76 153 168 293, Australian Financial Services Licence #411766.

How much TPD insurance can I have?

The maximum amount of TPD cover you can be accepted for is $3,000,000 (age-based and fixed cover). 

If I’ve received a previous TPD claim, am I eligible for cover with CareSuper?

If you have received a payment of any type as a result of a TPD claim from CareSuper or another superannuation fund or insurance policy, you are only eligible for death cover with us. 

If this applies to you, call us to ensure you don’t pay insurance fees for cover you aren’t eligible to claim. 

How does age-based cover work?

With age-based cover, you receive an amount of cover, based on your age, that changes as you get older.

See your Insurance Guide for further information. 

How does fixed cover work?

With fixed cover, your level of cover will stay the same but your fees will increase as you get older and be determined by your age, gender and occupational category. See your Insurance Guide for more information.

What is an occupational category?

There are two occupational categories: General and Professional. Your occupational category can make a difference to the amount or cost of your insurance cover. 

You automatically go into the General category. If the work you do is limited to professional, managerial, secretarial or similar ‘white collar’ tasks, you may qualify for the Professional category and receive more cover for a slight increase in fees or keep the same cover and pay less. See your Insurance Guide and Fact sheet (if applicable to you) for more information.