Transferring insurance between super funds
If you have cover with another provider, you may be able to transfer it to legalsuper, and reciprocally, you can apply for your cover with legalsuper to be transferred to another fund. N.B. You should check that this is possible with your other fund beforehand.
Transferring insurance to legalsuper
If you have insurance through another super fund or insurance provider you may be able to transfer it to legalsuper, provided you meet certain conditions.
Eligible members can transfer to legalsuper up to $1,000,000 of Death Only or Death & TPD cover and/or Salary Continuance cover providing a maximum monthly benefit of $20,000.
Any loadings, restrictions and exclusions that are on your existing policy will also apply to your transferred cover. You should also consider any differences in policy terms and conditions prior to transferring your cover.
For more details, refer to the Insurance roll-in form, which details:
- Types of insurance cover you can transfer;
- Eligibility criteria;
- Important details; and
- How to apply to transfer.