Personal super top 10 for insurance - income protection

Best value insurance for low risk occupational fund members, 90 day waiting period, 2 year benefit period 

This table describes the best overall value deal, where insurance cover is standardised to represent how much $1.00 per week in premiums buys.

Rank Product Name Segment Cover per $1 week
(40yr old)
1 Grow Super - Personal Industry $1,813
2 Smartsave 'Members Choice' Super - Personal Choice Master Trust $1,564
3 Nationwide Super - Personal Industry $1,444
4 Plum Personal Plan Master Trust $1,363
5 MTAA Super Personal Industry $1,260
6 AMIST Industry $1,250
7 WA Super Super Solutions - Personal Industry $1,247
8 EISS Super - Personal Industry $1,218
9 AustralianSuper Personal Plan Industry $1,205
10 smartMonday DIRECT Master Trust $1,195
  Average (median)   $

Note this table describes the value or buying power of your insurance deal, it does not represent how
much it may cost you based on your personal circumstances. If you are unsure, ask your fund for details.

For details on how SelectingSuper makes sense of insurance, please click here.

This table was last updated in June 2019.

Senate secures members' interest changes
20 September 2019, 12:36pm
Insurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interest First super reforms passed through ... Read more

When comparing super funds and considering what is right for you, look for funds displaying the AAA Quality Assessment and Rainmaker SelectingSuper Award logos.

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