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FIRSTSUPER GUIDE TO DEATH & TPD INSURANCE
| SAMPLE LEVELS OF COVER A sample of Death & TPD insurance covers at various ages and
number of units purchased:
|
|
| |
1 Unit |
4 Units* |
10 Units+ |
40 Units |
| |
 |
| 11-34yo |
$50,000 |
$200,000 |
$500,000 |
$2,000,000 |
| 40yo+ |
$32,700 |
$130,800 |
$327,000+ |
$1,380,000 |
| 45yo |
$25,900 |
$103,600 |
$259,000 |
$1,036,000 |
| 50yo |
$19,100 |
$76,400 |
$191,000 |
$764,000 |
| 55yo |
$12,200 |
$48,800 |
$122,000 |
$488,000 |
| 65yo** |
$1,350 |
$5,400 |
$13,500 |
$54,000 |
| 70yo |
nil cover |
- |
- |
- |
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Full details of this insurance are set out in the Product Disclosure Statement. Before deciding to buy or vary your cover you should read those details carefully.
See our Member Guide 
(Product Disclosure Statement
Effective 1 July 2008) |
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DEATH & TPD INSURANCE PREMIUMS
The premiums payable for 1 & 4 units of cover purchased,
depending on occupation type, per week:
| |
Death & TPD Cover |
|
Death Only Cover |
| |
1 Unit |
4 Units* |
10 Units+ |
|
1 Unit |
4 Units* |
10 Units |
| |
|
| Occupation |
|
|
|
|
|
|
|
| Low-risk+ |
$0.53 |
$2.12 |
$5.30+ |
|
$0.32 |
$1.28 |
$3.20 |
| High-risk |
$1.17 |
$4.68 |
$11.70 |
|
$0.70 |
$2.80 |
$7.00 |
* 4 Units is the automatic default cover for Industry Division entrants
** At 65 years of age and up to 70 years of age, death cover only is provided |
+ Example
A 40yo male working in a low-risk occupation holds 10 units of Death & TPD cover. His benefit will be $337,000. The premium for this cover is $5.30 per week ($275.60 per year)
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