Southern Cross Super Plan
- Insurance Cover
Cover is available for Death, Total and Permanent Disability, and income
protection;^
Death/total and permanent disablement insurance
Amount of Cover
Multiple units of Standard Cover as per the table below, or Tailored
amounts as nominated by the member or their employer.
| Age Next |
Sum Insured |
Age Next |
Sum Insured |
| 16 - 34 |
68,400 |
50 |
10,500 |
| 35 |
58,400 |
51 |
9,500 |
| 36 |
54,200 |
52 |
7,900 |
| 37 |
50,500 |
53 |
6,800 |
| 38 |
45,300 |
54 |
5,800 |
| 39 |
42,100 |
55 |
5,300 |
| 40 |
37,900 |
56 |
4,700 |
| 41 |
34,200 |
57 |
4,200 |
| 42 |
30,000 |
58 |
3,700 |
| 43 |
26,900 |
59 |
3,200 |
| 44 |
23,700 |
60 |
2,600 |
| 45 |
20,500 |
61 |
2,600 |
| 46 |
18,400 |
62 |
2,100 |
| 47 |
15,800 |
63 |
2,100 |
| 48 |
13,700 |
64 |
1,600 |
| 49 |
12,100 |
65 |
1,600 |
1 Unit of Cover is compulsory for all Employer Sponsored Members and
is provided without any evidence of health (subject to meeting the eligibility
criteria).
If you are actively employed on a permanent basis AND are working more
than 15 hours every week, 1 unit provides cover for Death and for Total
and Permanent Disablement.
If you are employed on a casual basis or working less than 15 hours every
week, 1 unit provides cover only for Death.
There is no automatic cover for Personal Super or non-contributory members
as all cover and sums insured are optional.
Other insurance scales and formulas can be used, subject to normal underwriting
processes.
Income protection insurance
An optional cover with a 2 year benefit period and either a 30 or 90
day waiting period.
Insurance premiums
Standard Cover is $1.00 per unit per week Death/TPD and $0.80 per unit
per week Death Only for members under an Employer Group with 5 or more members. In all other
cases, retail rates apply, based on gender, occupation, smoking habits,
etc.
Rates for Tailored cover can be arranged for Employer groups.
Applying For Extra Cover
To apply for Additional Insurance you need to complete a health questionnaire and send
it to us.