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Age Based Cover

This type of cover is where every year the premium stays the same but the level of Death and TPD cover reduces. The insurance cover is based on your age next birthday at the time of your death or total and permanent disablement.

All Marketlink members have an underlying minimum level of Age based cover which is provided without any restrictions.

Age based cover is optional for Salarylink, Retained and Spouse members and is subject to assessment.

Members can select the amount of cover they would like and can vary it at any time. Automatically provided Age based cover can also be reduced or cancelled.

Increases to cover or an application for optional insurance is subject to assessment before being accepted.

The issuer of any interest in Local Super is the Local Government Superannuation Board pursuant to the Local Government Act 1999 (SA) AFSL 232519 RSE Licence No. L0000765 as trustee for Local Super ABN 92 930 911 098 RSE Registration No. R1001549. The information provided in this website does not take into account your objectives, financial situation or needs. It is important to consider the relevant Product Disclosure Statement and your own objectives, financial situation and needs before acting.

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Age Based Cover