Workplace super top 10 for insurance - death only


Best value insurance for high risk occupational fund members

This table describes the best overall value deal, where insurance cover is presented as how much $1.00 per week in premiums is worth in terms of cover.

Rank Product Name Segment Cover per $1 week
(40yr old)
1 Equip MyFuture Industry $82,540
2 Sunsuper for Life Business Industry $73,239
3 Prime Super (Health Division) Industry $65,000
4 Intrust Super - Core Super Industry $63,291
5 Suncorp Everyday Super for Business Master Trust $55,443
6 Rest Corporate Industry $52,156
7 Bendigo SmartStart Super - Employer Master Trust $44,919
8 SA Metro Fire Service Super Government Fund $44,828
9 NESS Super Industry $44,214
10 Asgard Employee Super Account Master $43,605
  Average (median)   $55,354

Note this table describes the value or buying power of your insurance deal for a 40 year old, 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 October 2019

News
AustralianSuper ups admin fees
22 January 2020, 12:40pm
AustralianSuper will introduce a new fee for MySuper members from April 2020 to offset the impact of the Protecting Your Super changes. 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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