Workplace super top 10 for insurance - income protection


Best value insurance for high 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 Equip MyFuture Retail $2,270
2 Bendigo SmartStart Super  - Employer Retail $2,721
3 Asgard Employee Super Account Retail $2,653
4 Aon Master Trust Corporate Super - Essentials Retail $2,562
5 MTAA Super Industry $2,505
6 Colonial First State - FirstChoice Employer Super Retail $2,407
7 LGIA Super Accumulation Government $2,291
8 LUCRF Super Industry $2,189
9 Mercy Super Corporate $2,161
10 LifeTrack Corporate Superannuation Retail $2,145
  Average (median)   $1,357

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 2017.

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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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