Protect your income with salary continuance insurance

legalsuper provides members with access to salary continuance insurance.

Salary continuance insurance allows members to protect themselves against loss of income due to total disablement. Cover is available on application.

Salary continuance insurance is purchased in units of cover with a maximum weekly benefit of $4,600. Each unit of cover provides a benefit of $100 per week, up to a maximum of 85% of your taxable income (includes a monthly superannuation payment of up to 10%)

You have a choice of 3 income protection benefits payable for a maximum of 2 years, to age 60 or to age 65.

You can choose either a 30, 60 or 90 day waiting period. The longer the waiting period the cheaper the premium. You must be totally disabled for the entire selected waiting period before a benefit is payable.

Premiums vary depending on your age, the potential payment period and whether you are male or female.

Calculate your insurance premiums by accessing our calculator

To confirm the value of this insurance cover for your age or to calculate how much insurance cover you need, visit legalsuper’s insurance website www.truepeaceofmind.com.au 

For more information, refer to legalsuper’s Product Disclosure Statement.

Applying for salary continuance insurance

1) Complete and return the attached form (ING Personal health statement)
 

Need more help?

More information about legalsuper’s insurance arrangements can be referenced in the Product Disclosure Statement. You can also contact one of our client service managers.

 

Insure your most important asset