Good Super is pleased to offer all eligible members of the Fund access to a life insurance product. Good Super’s insurance covers you for major traumatic events that can affect you, your family and your future retirement plans.
Insurance is provided through Good Super by AIA Australia Limited (ABN 79 004 837 861 AFSL 230043) which is one of Australia’s leading life insurers. AIA Australia has been appointed to offer insurance cover to Good Super members. AIA Australia is part of the AIA Group.
The insurance is subject to the terms and conditions in the Product Disclosure Statement (PDS) and Reference Guide. Please call us on 1300 788 658 or email at us at email@example.com if you have any questions.
Members of Good Super may be eligible to obtain:
- Death Only: Available to members between the ages of 16 and 65 (at your next birthday), up to a maximum of $1,000,000 of fixed cover
- Death and TPD: Available to members between the ages of 16 and 55 (at your next birthday) who are working full-time or part-time for at least 20 hours per week, up to a maximum of $1,000,000 of cover
As a member of Good Super, you are not, by default, covered by any insurance, and therefore you must apply as described below. Please note this insurance cover is subject to New Events Cover for 24 months. See our PDS and Reference Guide for more information.
The applicable insurance cover rates are stated here on page 18, and are inclusive of stamp duty, 20% insurance administration fee, plus GST relating to the insurance administration fee. The premium will be automatically withdrawn from your Good Super account balance each month and will not be calculated pro-rata for partial months.
Calculate your premium
How to apply for insurance
To apply for insurance, click here to login to your online member portal. If you have not already registered, please do so by clicking here. Once logged in, click “Apply for insurance”. You may be required to complete a personal statement form sent to you by the fund administrator upon application.
The cover commences once the insurer has accepted your application and the first premium has been paid. During the assessment stage you may be eligible for interim accidental death cover at no extra cost up to a maximum of $500,000. Please see the Product Disclosure Statement (PDS) and Reference Guide for more information.
The insurance cover offered by the Trustee is provided by an AIA Australia Group Policy (the Policy) held by the Trustee. The provision of insurance is subject at all times to acceptance by the Insurer, and to the terms of the insurance policies. In the event of any inconsistency between the terms and conditions of the Policy and the Product Disclosure Statement (PDS), the relevant Policy terms will prevail. A copy of the Policy document may be made available free of charge by making a request to the Trustee by calling Member Services on 1300 788 658 between 9am – 5pm (Brisbane time) Monday to Friday, or email at firstname.lastname@example.org.