How do you apply?
Please contact Member Services on 1300 LGSUPER (1300 547 873) to obtain a copy of the form.
Voluntary Insurance fact sheet
Before making any decisions please read our Voluntary Insurance fact sheet.
Use our Insurance calculators to determine the amount of insurance you may require and the premiums applicable
Competitive automatic insurance cover
Automatic insurance cover for Death and Total and Permanent Disablement (TPD) is provided to all eligible* new members joining the Accumulation Scheme.
When a new member joins the Accumulation Scheme they will receive 3 units of Death and TPD cover up to $345,000* for $15 per month. For an extra $5 per month, members may be eligible for an additional unit of cover with a value of up to $115,000*. Members will also retain their automatic cover even if they leave their Local Government Super employer (provided the continue to meet the terms and conditions of the insurance policy).
* For members over the age of 36, this amount decreases in line with the table shown in the
Insurance may be an important part of your superannuation arrangements. You may already, through your membership in Local Government Super, have some insurance cover. However, this may not be sufficient for your needs. We have, therefore, arranged for extra cover to be made available through additional voluntary insurance.
The Voluntary Insurance fact sheet explains the features of the extra cover and how you can apply for it.
The cover is provided through a contract with TAL Life Ltd (the Insurer) and is available at competitive rates. Cover is underwritten by the Insurer on an individual member basis. Cover does not commence until the Insurer notifies you that they have accepted your cover and any conditions they have put on that cover.
What types of cover are available?
There are three types of cover available:
- Lump Sum Death Only Cover
- Lump Sum Death and Total and Permanent Disablement Cover
- Salary Continuance Insurance, available for either a 2 year period or until age 65, which provides income protection for temporary disablement.
In addition, Accident Cover is provided between the time we receive your application and the time that the cover is approved or rejected.
Who can apply for cover?
Any member of the Local Government Accumulation or Executive Schemes can apply for lump sum Death Only Cover and lump sum Death and Total and Permanent Disablement Cover (if less than age 71) and Salary Continuance Insurance cover (if less than age 65 and gainfully employed).
How are premiums calculated and paid?
The premium depends on the amounts of cover you have, your age, sex, occupational classification and health status. Premiums are deducted from your member account each month. Premiums will be deducted from your compulsory employer contributions sub-account (ie Super Guarantee), unless that account does not have a sufficient balance. Premiums are payable for the whole month if you opt out on or after the 15th of any month. Rate increases for birthdays apply for the whole month if your birthday is before the 15th of the month.
How do you apply?
Please contact Member Services on 1300 LGSUPER (1300 547 873) to obtain
a copy of the application form or
download this form from the forms section.
*For eligibility conditions and exclusions please see the Product Disclosure Statement.