Income Protection insurance can provide you with a partial replacement income that will help support your return to health and work (if applicable), if you become unable to work due to sickness or an accident.

Protect your income

The replacement income can be up to 75% of your salary excluding super, with an additional 12%^ of your salary (excluding super) to be paid to your superannuation account.*

You can receive payments for either two years (default benefit period) or five years after your chosen waiting period (30, 60, 90 or 120 days), as long as you continue to meet the relevant insurance policy's definition of total disablement or partial disablement (if applicable). Note that for Corporate Plus members (people who work for Telstra, Telstra associated companies or other TelstraSuper Corporate Plus employers), the benefit period for default Income Protection cover is 2 years, with a 90 day waiting period.

Find out more about making changes to your Income Protection.

You don't have to be permanently unable to work to get Income Protection payments and you may be eligible for payments while you are waiting for a TPD claim to be assessed. Income protection payments will be reduced by the amount of certain other payments you receive or are entitled to receive (other disability income) during a payment period (such as sick leave, workers' compensation or benefits payable under other Income Protection policies). Other payments (such as social security benefits and motor accident compensation) do not reduce Income Protection benefits.

If you are under 25 years of age or have an account balance that is less than $6,000, you must opt in within 120 days to receive member paid default insurance cover subject to 'At Work' requirements. If you opt in outside of 120 days, you will need to answer risk control questions subject to acceptance by our insurer.

You may also be able to transfer any externally held Income Protection or Death only or Death & TPD insurance to TelstraSuper. For more detailed information refer to the relevant Insurance Guide

Income protection insurance is available to:

• Corporate Plus members (people who work for Telstra, Telstra associated companies and other TelstraSuper Corporate Plus employers)
• Personal Plus members (accumulation members who are not Corporate Plus members)
• Division 5 Defined Benefit members and former Defined Benefit members transferring from Division 5
• Income Protection cover is only available to former Defined Benefit members transferring from Division 2 via application and acceptance by our insurer
• Income Protection is not available to members who have attained age 65.

Further eligibility criteria and terms and conditions may apply. For more information on Income Protection read the relevant PDS or Insurance Guide.

* Income Protection cover is subject to a maximum monthly benefit of $50,000 for a two year benefit period and a monthly benefit of $30,000 for a five year benefit period

^*In the event of an approved IP claim with a Date of Disablement that is prior to 4 April 2024, the SG benefit paid to your TelstraSuper account will be 10% and your total monthly benefit will be 85%.