Tell me more about my insurance options
If you're unable to work due to illness or injury, you don't want to find out that you're under insured. You’re considered under insured if your family isn’t able to maintain their current lifestyle if you're injured or sick. Income Protection insurance provides you with an income replacement payment in the event that a temporary disablement prevents you from working.
Death Only insurance can give you peace of mind by knowing that, if you die before age 70 or are diagnosed with a terminal illness, your family or estate will be provided with a lump sum payment.
Death and TPD insurance provides a lump sum to you on the diagnosis of a terminal illness or if you’re disabled to such an extent that you will no longer be able to work.
Insurance in Super Voluntary Code of Practice
Energy Super has adopted the Insurance in Superannuation Voluntary Code of Practice, which commenced on 1 July 2018.
The Code provides a framework that is aimed at improving insurance in superannuation and the processes by which funds provide insurance benefits to you.
While the Code is prescriptive, it also allows funds to be flexible by continuing to provide features and benefits tailored to the needs of their unique membership.
Funds have until 30 June 2021 to fully implement the Code. Energy Super will publish its plans to transition to the Code on or before 31 December 2018.
"...I’ve never had anyone look after me like this before. You’re bloody amazing."
Energy Super member
Insurance tailored to you
Part of a superannuation plan is insurance. You need to be sure that you, and the ones you love, will be ok if you need to make a claim. Just like our investment options, you can tailor your insurance to meet your needs.