Standard cover

By: Sunsuper  09-Dec-2011
Keywords: Income Protection, Take Away, Insurance Cover

Sunsuper provides access to competitive insurance to help protect yourself, your family and your lifestyle if something happens to take away your earning power.

As a Sunsuper Solutions member, you receive:

  • automatic insurance cover for Death and Total and Permanent Disability (TPD), provided you meet the eligibility criteria (see below),
  • options to increase your cover to meet your needs,
  • competitive premiums, usually lower than cover you would organise yourself, and
  • premiums deducted from your super, so they have no impact on your take-home pay.

Standard cover and premiums

Age Death cover TPD cover Premium for Death & TPD cover - male Premium for Death & TPD cover - female



$1.60 / week $0.80 / week



$4.40 / week $3.00 / week



$5.00 / week $4.00 / week



$5.00 / week $4.00 / week



$5.00 / week $4.00 / week
Eligible white collar workers can get double the cover for the same cost.

Apply for more cover

Having the right level of insurance gives you peace of mind of a secure financial future for you and your family. We offer extra cover through Standard insurance and Tailored insurance.

Insurance type How it works Requires underwriting
Double your standard cover for no extra cost. No
Increase your cover at key life stages (eg. when you turn 30, 40, 50, get married, have a child, buy a house, increase your mortgage by $100,000 or more). No
Get 50% more Death and TPD cover and the option to take out Income Protection cover.  No 
Apply for more Death, TPD and Income Protection cover than provided through standard insurance. You can also apply for Tailored cover if you're not eligible for Standard insurance.  Yes 

Eligibility for Standard cover

  • aged between 15 and 70 (TPD cover not available from age 67), and
  • actively employed* by a Sunsuper participating employer (who has submitted a Participating employer application form to Sunsuper), or

Contractors and Self Employed - you can apply for Tailored cover, but restrictions apply. Call 13 11 84 for more information.

*Actively employed means you are performing your normal paid duties for this employer and they are making SG contributions to Sunsuper on your behalf at the date your automatic standard insurance cover starts.

Making a claim

If an event that is likely to result in a claim occurs, it is important that you notify us as soon as possible, by calling 13 11 84.

Please note: The needs calculator, quote tool and online application are on AIA’s website. Their terms of use will apply. Insurance cover is provided through group life policies issued by AIA Australia Limited ABN 79 004 837 861

The information in this article was current at 09 Nov 2011

Keywords: Income Protection, Income Protection Cover, Insurance Cover, Insurance Type, Permanent Disability, Protection Cover, Take Away, Total and Permanent Disability

Other products and services from Sunsuper


Salary sacrifice

Lower tax rates on contributions You also pay just 15% tax on your contribution into your super account, making salary sacrifice one of the most a tax-effective ways to save for your retirement. Reduce your taxable income With some of your salary going into super, you’ll lower your taxable income and that could save you from paying higher rates of tax.


Check out the benefits of our pension

A Workforce Pension - designed for members aged between preservation age but before the age of 65 who are still working. You can receive regular income paid directly to your bank, building society or credit union account. SuperRatings has recognised Sunsuper as Pension Fund of The Year for the third year in a row. You could benefit from favourable tax treatment.


Government co-contribution

Amounts from eligible employment also includes some income of employees who think of themselves as being self-employed, such as those who run their business through a company and the company pays them salary or wages. You earned 10 per cent or more of your total income from running a business, or from eligible employment1 or a combination of both.


Make a contribution

In most cases, your employer can make standard, compulsory contributions (usually 9% of your ordinary times earnings) straight into your Sunsuper account. Don’t miss out on super tax breaks you may be eligible for as a self-employed person making contributions into super. Making your own payments into your super fund can make a big difference to your super balance.


Sunsuper joins forces with Carnegie, Wylie & Company for long-term private equity partnership

‘Co-investment model’ structured to more closely align interests of private equity manager with Sunsuper members


Look behind the labels says Sunsuper CEO.

Sunsuper chief Don Luke questions latest IFSA report


Sunsuper awarded APRA licence

One of Australia’s most popular superannuation funds, Sunsuper, today announced its trustee has received its Registrable Superannuation Entity (RSE) Licence from the Australian Prudential Regulation Authority (APRA).


Sunsuper rolls out ‘retirement planning’ seminars

One of Australia’s fastest growing superannuation funds, Sunsuper, has announced an upcoming series of educational seminars for superannuation fund members, providing valuable information on retirement planning and strategies.  These seminars will be held across Queensland and some centres in NSW throughout October and November.


Sunsuper celebrates member number 800,000 as assets sail past $7 billion

One of Australia’s most popular superannuation funds, Sunsuper, today announced it has reached $7 billion in assets under management, fuelled by continued strong


Sunsuper announces new Strategic Asset Allocation across all funds

Up to 15 per cent target allocation to alternative assets as fund warns