LIFE STAGE COVER

Life stage cover is all about providing Death and Total and permanent disablement (TPD) insurance cover in line with the different stages of life.

 

Your Life stage cover is lower when you are younger; increases in value from age 24 to 32 as your needs may become higher and then reduces in value again from age 42.

 

 

The value of your Life stage cover units depends on your age. Refer to the Marketlink Product Disclosure Statement for the Life stage cover table and insurance premiums.

 

Members employed by a Local Super employer are automatically provided with 5 units of Life stage Death and TPD insurance cover on joining Local Super (if eligible).

 

Personal Division members can apply for insurance cover at any time, but do not receive automatic insurance cover.

 

Life stage cover can be coverted to Fixed level cover (minimum $25,000) at any time, if you are employed, by applying to us in writing.

 

Members can select the amount of cover they would like and can vary it at any time. Life stage cover (in excess of any automatic cover) is only available on application to and acceptance by the insurer.