Your insurance needs are covered with
Telstra Super
As a member of Telstra Super Personal Plus you may be eligible for an automatic base level of death and Total & Permanent Disablement (TPD) cover. You have the option of increasing this cover as well as applying for income protection cover. You can also apply to transfer your external death or death and TPD insurance to Telstra Super and/or apply to increase your death or death and TPD cover upon the occurrence of a specified Life Event.
The cover described here is provided by TAL Life Limited (TAL) ABN 70 050 109 450.
The following insurance information is intended as a guide only, more detail is available in your Telstra Super Personal Plus Product Disclosure Statement (1.2Mb) and the Telstra Super Personal Plus Insurance Guide (2.23Mb). For all terms and conditions please read the insurance Policy document, available upon request by calling 1300 033 166.
Automatic base death and TPD cover
Eligible members automatically * receive an age-based level of death and TPD insurance cover, at the cost of $1.92 per week. Premiums are deducted from your account quarterly in arrears, or when you leave the fund. This means you are covered 24 hours a day, seven days a week, 365 days a year whether at work or play, and there is no need to supply any information about your health and lifestyle for the automatic base level of cover.
TPD insurance provides a benefit paid in addition to the balance of your super account, in the event of your total and permanent disablement.
Your level of cover is determined by your age next birthday as at the last 1 July. To work out your level of cover you can use our Insurance calculator or refer to your Insurance Guide (2.23Mb) for details of the age-based levels of cover and premium rates.
Alternatively to check your current level of insurance, log in to SuperOnline™ and select the My insurance option, or call us on 1300 033 166.
* Members are ineligible for automatic death cover if they are aged 75. Members are ineligible for automatic TPD cover if they are aged 65 or if they have previously received a TPD payment from Telstra Super. Cover is subject to all Policy conditions.
Changing your insurance cover
You can apply to increase your insurance cover (see below) or to have no cover at all.
To cancel your insurance you will need to complete a Change of Insurance form (66kb).
Top-up your death and TPD cover
You can apply to top-up your automatic level of base death and TPD insurance to suit your personal needs. You can elect any amount of top-up death cover and up to $3 million top-up TPD cover. When applying for additional cover you will need to provide information about your health and lifestyle and applications will be subject to approval by the fund's insurer, TAL.
If you receive top-up cover, top-up premium rates will apply to your total amount of cover based on every $1,000 insured. Use our insurance calculator to estimate the cost for top-up death and TPD cover.
To apply for top-up cover you will need to complete the following forms:
Change of Insurance form (66kb)
Personal statement - Short (For death and TPD cover increases above your automatic level and up to $500,000.) (100kb)
Personal Statement - Full (For death and TPD cover increases above your automatic limit and over $500,000.) (105kb)
Life Events cover†
You also have the opportunity to apply for additional death or death and TPD cover upon the occurrence of a specified Life Event, without the need to provide medical evidence. Life Events include changes that may impact your personal or financial situation such as the birth or adoption of a child, marriage or commencement of a recognised relationship, divorce, or purchasing, constructing or renovating your home.
† Conditions apply. See the Telstra Super Personal Plus Insurance Guide for details.
Applying for Life Events cover
To apply for Life Events cover, complete a Life Events Application form (55 kb). The amount of additional cover you are eligible to apply for depends on how much cover you already have - refer to the Telstra Super Personal Plus Insurance Guide for details.
Optional TPD cover and income protection cover
As a member of Telstra Super Personal Plus you can also apply for income protection cover if you are continuously employed at least 15 hours per week. You can also apply for TPD cover if you previously opted out of automatic cover. You are ineligible for this optional cover if you are aged 65 or over. Your application will be assessed by the fund's insurer, TAL.
Total & Permanent Disablement (TPD) cover
You can apply for any amount of TPD cover up to $3 million.
Income protection
Income protection insurance can provide an income of up to 75% of your income, for the duration of the applicable benefit period, paid monthly in arrears after your chosen waiting period, provided you continue to meet the definition of total disablement or partial disablement in the Policy.
The default waiting period for income protection cover is 90 days and the default benefit period is two years. You can apply to change your income protection waiting period to 30 days, 60 days, or 120 days or to change your benefit period to five years.
You do not have to be permanently unable to work to get income protection payments and you may be eligible for payments while you have a TPD claim assessed.
Income protection payments will be reduced by the amount of any other payments you receive during a payment period for that illness or injury (such as sick leave payments or workers' compensation payments), and are subject to a maximum monthly payment of $50,000 per month for a two year benefit period and $30,000 per month for a five year benefit period.
To apply for income protection insurance cover you must be under 65 years of age and will need to provide evidence of your occupation, health and lifestyle.
We've negotiated bulk insurance rates to cover 100,000 members which means insurance premiums paid from your super account are often less than if you had the same cover through a retail policy. However, premiums for income protection cover obtained via a non-super policy are generally tax deductible.
Applying for cover
Use our insurance calculator to estimate the cost of additional death and TPD insurance. Refer to the Insurance Guide (2.23Mb) to calculate the cost of income protection cover.
To apply for cover, complete the following forms and return them to Telstra Super:
Change of Insurance form (66kb)
Personal statement (outlining your occupation, health and lifestyle situation) (100kb).
These forms are then forwarded to TAL for assessment.
Applying to change your income protection cover
If you would like to apply to change your waiting period and/or benefit period, please complete a Change of Insurance form (66kb) and Personal Statement form (100kb). Upon receipt of the application Telstra Super will forward it to the fund's insurer TAL with any supporting documentation, for assessment. You will then be advised in writing of the acceptance or decline of the application.
Transfer your insurance to Telstra Super‡
If you currently have death or death and TPD cover with another super fund you can apply to transfer that cover to Telstra Super. By consolidating your super with Telstra Super you can take advantage of our bulk insurance rates, potentially saving on premiums while at the same time simplifying your insurance arrangements. To take advantage of this feature, complete the following form and return it to Telstra Super:
Insurance Transfer Application (47 kb)
Upon receipt of your completed Insurance Transfer Application, Telstra Super will forward it on to TAL for assessment. If the application is accepted, you will be provided with the equivalent top-up cover in Telstra Super as provided by your previous superannuation fund or insurer.
Any transferred death or death and TPD cover will apply in addition to any existing cover you currently hold with Telstra Super. A cap of $1,000,000 on all transfers applies.
It is important that you do not cancel your cover with your current super fund or insurer until Telstra Super has advised you in writing that your Insurance Transfer Application has been accepted.
‡ Refer to the Telstra Super Personal Plus Product Insurance Guide for full details.
Payment of insurance benefits
For information on the payment of insurance benefits, refer to the Telstra Super Personal Plus Insurance Guide (2.23Mb).
More information on death benefits can be found in Estate Planning.
To view, nominate or update beneficiary details, log in to SuperOnline or complete a Nomination of Beneficiaries form (75kb).