You're covered
As a member of Telstra Super Personal Plus you may be eligible for an automatic base level of death cover. You also have the option of increasing this cover as well as applying for Total & Permanent Disablement cover and income protection cover.
The cover described here is provided by Tower Australia Limited (TOWER) 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). For all terms and conditions please read the insurance policy document (492kb).
Automatic base cover
Eligible members, automatically * receive an age-based level of death insurance cover, at the cost of $1 per week (you are ineligible for automatic cover if you are aged 75 or over). Premiums are deducted from your account annually 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.
Your level of cover is determined by your age next birthday. To work out your level of cover you can use our Insurance calculator or refer to your product disclosure statement (1.2Mb) for details of the age-based levels of cover and premium rates.
If you are unsure whether you have insurance cover, log in to SuperOnline™ and select the My insurance option, alternatively you can call 1300 033 166.
* Members are ineligible for automatic cover if they are aghed 75 or over, or have previously received a Total & Permenent Disablement (TPD) payment from Telstra Super.
Top-up your death cover
You can apply to top up your automatic level of base death insurance. You can elect any amount of top-up death 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 TOWER.
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 cover.
Optional Total & Permanent Disablement (TPD) cover and income protection cover
As a member of Telstra Super Personal Plus you can also apply for TPD and income protection cover through TOWER if you are continuously employed more than 15 hours per week (you are ineligible for this optional cover if you are aged 65 or over).
Total & Permanent Disablement (TPD) cover
You can apply for any amount of TPD cover up to $3 million. TPD insurance provides a benefit should you be deemed totally and permanently disabled. This means that you could receive an insurance payment, paid in addition to the balance of your super account, in the event of your total and permanent disablement.
Income protection
Income protection insurance covers you in the event of temporary disability (known as total disablement), by providing you with a regular income while you are temporarily unable to work and satisfy the definition of Total Disablement (TD). Income protection insurance can provide an income of up to 75% of your salary for insurance purposes, for up to two years (following a 90 day waiting period) while you are deemed to satisfy the definition of total disablement.
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 may 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 $25,000.
To apply for either TPD or income protection insurance cover you must be under 65 years of age and will need to provide evidence of your occupation, health and lifestyle.
Applying for cover
Use our insurance calculator to estimate the cost of additional death, TPD and income protection insurance.
You will need to complete the following forms and return them to Telstra Super:
Change of Insurance form (42kb)
Personal statement (outlining your occupation, health and lifestyle situation) (100kb).
These forms are then forwarded to TOWER for assessment.
Changing your insurance cover
To check your current level of insurance cover, you can log in to SuperOnline™ and request a Benefit Quote, or call us on 1300 033 166.
To cancel your insurance you will need to complete a Change of Insurance form (42kb).
If you would like to apply for additional cover you will need to complete the following forms:
Change of Insurance form (42kb)
Personal statement (outlining your occupation, health and lifestyle situation) (100kb).
These forms are then forwarded to TOWER for assessment. Additional tests and/or medical reports may be required. For information on increasing your insurance cover, contact Telstra Super Pty Ltd on
1300 033 166 and ask to speak to the Insured Benefits Group.
Payment of insurance benefits
In the unfortunate event of your death, your dependants or your legal personal representatives could receive a benefit payment made up of your remaining account balance and any applicable insurance component.
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).