I’m delighted to introduce further enhancements to AvSuper insurance. Our new life changes cover allows AvSuper members to gain additional insurance without health assessments if they experience one of our specified life changes, such as marriage or the birth of a child. The Trustee has successfully negotiated these improvements to our insurance options to provide you with additional insurance cover when you may need it most.
As a boutique fund with a member-focus, we pride ourselves on being able to tailor our insurance services to member needs.
AvSuper insurance has long offered members peace of mind through competitively priced cover with the convenience of premiums paid from their super accounts, including those of you in traditionally high risk (i.e. hard to insure) occupations.
AvSuper members told us they wanted easy access to more insurance options at times when more cover becomes necessary but may be forgotten or be difficult to source. Now, AvSuper insurance includes life changes cover which gives you more options for increasing your insurance to help you maintain sufficient insurance for your family’s needs.
Eligible members now have access to two pre-approved units of additional insurance cover when they experience a major life event, such as having a baby, getting married, starting a child in secondary school, getting divorced or buying a house.
Such events can make a huge difference to people’s lives and finances, so we are pleased to be able to offer some support in the form of additional insurance cover.
Accessing the additional insurance is easy – simply complete a Life Changes Voluntary Insurance Form within 60 days of the life changing event! Visit the insurance section of our website to find out mote about life changes cover, including eligibility conditions.
* Only accumulation and income stream members with existing AvSuper death and TPD cover are eligible for life changes cover. The same terms and conditions (including premium rates) apply to the additional units as per your existing cover.