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Insurance

Could you or your family survive without your income? How would you meet living expenses, mortgage payments, school fees and other bills?

Your life and your ability to work are the biggest assets you will ever have. Should you die or become disabled through illness or injury, having adequate insurance cover will help to relieve any unnecessary financial stress.

There are many benefits to having insurance through superannuation including ease of obtaining cover, lower cost due to group discounts, and fewer bills to pay, as you can have your premiums taken out of your super balance.

Basic Insurance Cover

LGS provides you with Basic Death and Basic Total and Permanent Disablement cover in a linked combination of units for eligible members of the LGS Accumulation Scheme. The amount of cover you receive is tailored to the general needs and risk profiles of your age group.

Learn about the basic cover you get as an LGS super fund member.

Voluntary Insurance Cover

If you would like insurance cover tailored to your individual needs, LGS offers the following voluntary cover at competitive rates:

  • Lump Sum Death cover
  • Lump Sum Death and TPD cover
  • Salary Continuance Insurance cover. 

Learn about the voluntary insurance options available to you.

 

When to take a closer look at your cover

Taking out the right insurance cover is particularly important if you:

  • rely on your salary to meet your living expenses
  • have debts such as a mortgage, car loan or credit cards to pay off or
  • have dependants such as children, a spouse or ageing parents who rely on your income.

Need further information?

Please read our fact sheets:

You can use our insurance calculator to work out your insurance needs and premiums.

Forms

If you would like to apply for additional insurance or update your existing cover, please use the relevant form: