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To be eligible to receive default income protection insurance cover to begin with, and apply for additional cover, you must first meet three basic requirements:
To apply for additional cover, you must also have had money added to your Accumulation account in the last 13 months or have permanently opted into insurance cover.
Income protection pays you a regular income (up to your maximum benefit period) if an illness or injury means you can't work due to a total and temporary disablement or partial and temporary disablement (as defined in our Accumulation Account Insurance Guide).
It’s important to note that there are various circumstances when your QSuper income protection cover will end. These are shown below:
It's important to distinguish between income protection cover and your income protection benefit (which is the payment of the income stream).
Your income protection benefit payments will stop on the date one of the following happens:
You should also be aware that if QSuper pays you an income protection benefit that you are not entitled to receive, or if we pay you more than we should have, we will recover any overpayments or incorrect payments we made to you.
Insurance is a complex topic. Learn more about QSuper’s income protection cover.
Please refer to our Accumulation Account Insurance Guide for further information on terms, conditions and eligibility.