If you have salary-based income protection cover, you can ask us to update your insured salary if your salary goes up or down during the year, as long as:
- You're employed by a Queensland Government employer or default employer on a permanent full-time or part-time basis
- You apply within 60 days of your salary change
- You haven't changed your insured salary in the last 12 months
- Your Queensland Government employer or default employer confirms your new insured salary.
Note: We'll update your cover amount automatically on 1 November each year based on your insured salary1 as told to us by your employer.
To apply to change your insured salary, please fill out the Application to Change Insured Salary form.
Other situations
If you aren’t eligible for salary-based income protection cover (for example, you joined online or work on a casual basis) or you want to be covered for a different amount, you can apply for unitised cover.
With unitised cover, you buy cover in 'units'. Each unit is worth $500 a month. This includes a super contribution replacement benefit of $72.65 per unit.
You can buy as many units as you need (subject to maximum limits). You may need to permanently opt in to your new cover when you apply if you meet one of the following:
- You’re under age 25
- Your account balance is under $6,000
- There's been no money put into your account in 13 months.
1.In summary, your insured salary is the salary notified to us by your Queensland Government or default employer for your permanent full-time or part-time employment. See the Insurance Guide (pdf) for full details.