What cover do I have?
When you first join First Super, if you meet General Eligibility^ conditions and/or have made a Valid Election (opted in) to have insurance, you will be covered automatically for 4 units of Death and Total and Permanent Disablement (TPD) insurance*.
You can find full details about your cover – including the units held, cost and sum insured – by logging into your firstonline account.
Once you have received your cover, you can:
- change your occupational category to the lower cost White Collar / non manual or Professional rates (if you qualify for them – see below and our Insurance Guide for more details)
- fix the value of your default insurance (so it doesn’t decline over time)
- apply for additional cover (without evidence of health)*
- apply for Income Protection insurance
- apply for a fixed amount of insurance (rather than units)
- transfer insurance from other super accounts to First Super
- opt out of the insurance cover altogether
How do I change my insurance cover?
You can read more details on increasing, decreasing or cancelling your insurance with First Super or applying for Income Protection insurance on our How Do I Change Cover? webpage.
What are occupation categories?
An occupation category describes the usual activities of your job. Different rates apply to different occupation categories because some jobs have more risks attached to them than others.
First Super has three occupation categories. Most members with insurance will pay the default Blue Collar / manual rate. This rate applies to all occupations that are not classified as White Collar / non-manual or Professional. Your insurance category may change over time if your job changes. You will need to tell us if you believe your category should change.
|Blue Collar / manual||
|White Collar / non-manual||
These descriptions are a summary only. You should refer to the Insurance Guide for full details and definitions.
If you think you may be eligible for White Collar / non-manual or Professional cover, you can apply to change your occupation category at any time by completing the Vary Your Insurance Cover Form.
What is Income Protection insurance?
Income Protection insurance cover provides you with a regular income for up to two years to help you pay bills and meet the normal costs of living if you cannot work because you are Totally Disabled or Partially Disabled due to illness or injury.
Each unit of Income Protection insurance cover provides a gross benefit of $100 per month. You can insure up to 75% of your annual salary plus a 10% contribution to super (85% in total) to a maximum of $25,000 per month.
Income Protection insurance is not provided as default insurance cover, which means you have to apply for cover.
- apply to transfer Income Protection cover you already hold into First Super; or
- apply for Income Protection insurance cover with First Super without transferring existing cover.
For full details of Income Protection insurance with First Super, the cost of cover, waiting periods and rates tables, and how to claim, please see our Insurance Guide. Alternatively, speak to our Member Services Team on 1300 360 988.
To apply for Income Protection insurance complete and return the relevant sections of the Application for Insurance Cover form. Alternatively, you can complete your application through eApply which is accessible via firstonline. You will need your member number and account number to use this online form.
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The information shown on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Before investing in any product you should read the relevant Product Disclosure Statement (PDS) and consider the appropriateness of the product for your objectives, financial situation or needs.
^See pages 16 to 19 of our Insurance Guide for full definitions.
*The automatic and additional cover is subject to eligibility conditions being met (Refer to our Insurance Guide for full details).