Affordable cover
We offer bulk insurance rates for our members so you pay less for your cover. If you take out insurance with a retail insurer, you may be paying a higher weekly rate.
Easier to manage
The cost of your insurance cover is paid directly from your super account, rather than your take-home pay. This means that the cost won't impact your day-to-day budget, giving you the freedom to manage your finances in a way that suits you.
No health checks
We don't require any personal medical history before providing you with cover when you first join QSuper (if you're eligible), which means you can avoid the hassle of time-consuming health checks.2 Insurance policies offered through a retail insurer generally require you to disclose your medical history, which means you could pay a higher rate, or not be covered at all, if you have any pre-existing health conditions.
Cover more of your salary
Other insurers who offer income protection products typically only protect 75% of your income. QSuper covers 75% of your income, plus an additional 12.75% payment into your QSuper account.3 This means that if you're not able to work, you can still maintain your lifestyle while continuing to grow your super.
What else to consider
You should weigh up the benefits of having insurance through your super and the impact that paying insurance costs will have on your retirement savings.
If you're unsure whether having insurance through your super is right for you, getting some professional guidance can help. As a QSuper member, you have access to financial advice from QInvest.4