When would my income protection benefit be reduced?

Income protection pays you an income if you're not able to work for a period of time due to illness or injury. To receive an income protection payment you must be suffering from a total and temporary disablement or partial and temporary disablement - you'll find these definitions in our Accumulation Account Insurance Guide.

If you’re eligible for default income protection cover with QSuper, your default cover pays you a total benefit of 87.75 per cent of your insured salary which includes a contribution replacement benefit of 12.75 per cent of your insured salary. There are conditions and caps on this amount.

If you become entitled to receive any of the following payments, we will reduce your income protection payments by an equivalent amount:

  • motor accident compensation, social security or any other similar legislated payment related to your illness or injury
  • any statutory or other government payments for loss of income relating to your illness or injury
  • any other benefit payable under another income protection, disability income or accident or sickness policy (excluding any lump sum total and permanent disability (TPD) benefit you have received under any insurance policy).

If any of these payments stop because you receive a commuted lump sum benefit from another source, we will calculate the value of 1/60 of this amount, and deduct that dollar value from your monthly benefit or partial monthly benefit for 60 months from the date you receive the lump sum.

It’s also important to note that we will not offset any National Disability Income Scheme (NDIS) payments against your income protection benefit payments.

If you have previously received an income protection benefit from QSuper and you need to make a claim for the same or a related condition, your maximum benefit period will be reduced by the total number of weeks you received a benefit from all previous claims of the same or a related condition.

Learn more about QSuper's income protection cover.

Please refer to our Accumulation Account Insurance Guide for further information on terms, conditions and eligibility.