Workplace super top 10 for insurance - income protection


Best value insurance for high risk occupational fund members. This Is based on a 30 day waiting period.

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 $996
2 AMIST Super Employer Sponsored Division Industry $909
3 LGS Accumulation Scheme Industry $847
4 GROW Super Industry $824
5 The Executive Super Fund - Employer Master Trust $808
6 Sunsuper for Life - Super-Savings Account Industry $792
7 Intrust Super - Core Super Industry $779
8 Intrust Super - Executive Super Industry $779
9 smartMonday PRIME Master Trust $728
10 MTAA Super Industry $726
  Average (median)   $862

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
Asset devaluation continues
3 April 2020, 12:04pm
Another industry super fund has reduced the value of its unlisted assets as the impact of the COVID-19 pandemic worsen. 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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