Death cover and total and permanent disability (TPD) cover comes in units of cover, with the amount of insurance attached to each unit depending on your age.

The table below is a summary of select age categories and the level of insurance each unit would provide at that age. The number of units provided under QSuper’s default insurance varies, depending on who you are employed by.

Sample of Default unitised cover for Death and TPD

Age 1 unit 2 units 3 units
16 to 20 100,000 200,000 300,000
25 112,500 225,000 337,500
30 to 40 125,000 250,000 375,000
45 87,360 174,720 262,080
50 48,000 96,000 144,000
55 22,800 45,600 68,400
60 7,500 15,000 22,500
65 4,000 8,000 12,000
69 2,600 5,200 7,800

Note: The table above is only a summary sample showing cover in 5 year brackets. Full details for exact values of cover per unit for all ages are outlined from page 32 of the Accumulation Account Insurance Guide.

Purchasing additional units of death and TPD cover

You can apply to buy additional units of insurance up to our maximum levels of cover.

For example, if you were 20 years old with each ‘unit’ of death cover worth $100,000, and you wanted to be covered for $500,000 death cover you would require five units of cover. Note that this unitised cover reduces as you age, however if you wanted to keep the same amount over the years you can apply for “fixed cover” as outlined below.

Read more about personalising your cover.

As mentioned above, units of cover are based on age as is the cost per unit - that is to say that both the premium and the value of each unit will vary depending on how old you are. Use our online insurance premium estimator to get an idea of costs. See our Accumulation Account Insurance Guide for details.

Purchasing fixed level death and TPD cover

Death cover and TPD cover units start to decrease in value after the age of 40. We know that many members want to keep the same level of cover for an extended period, especially if they have a family to look out for. That’s why up until age 60 you can choose a fixed level of cover for both death and TPD.

Fixed cover is charged per $1,000 of death and TPD cover, and the cost of cover will vary on your age.

Read more about fixed cover in the Accumulation Account Insurance Guide.

Units of income protection

If you’re eligible for default income protection cover, your cover is ‘salary-based cover’.

If you’re not eligible for default income protection cover, or you simply want to change the value of insurance cover you hold, you can apply for unitised income protection cover.

Each unit of income protection provides $500 of cover per month, including a superannuation contribution replacement benefit of 12.75 per cent (which is paid to your QSuper Accumulation account). 

Please note this information is a general summary only. Please refer to our Accumulation Account Insurance Guide for further information on terms, conditions and eligibility.