Workplace super top 10 for insurance - death only


Best value insurance for low risk occupational fund members

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 The Victorian Independent Schools Superannuation Fund Industry $195,938
2 IAG & NRMA Superannuation Plan Corporate $173,333
3 HOSTPLUS Industry $161,206
4 Unisuper Industry $159,233
5 Commonwealth Bank Group Super - Accumulate Plus Corporate $152,941
6 First State Super - Employer Sponsored Industry $144,111
7 Vision Super Saver Industry $136,290
8 REI Super Industry $133,333
9 Lutheran Super Industry $131,915
10 Virgin Money Super - Employer division Retail $130,000
  Average (median)   $81,895

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.

News
ASIC seeks new default super partner
18 January 2019, 11:56am
ASIC is on the hunt for a new default superannuation fund for employees but smaller funds need not bother applying. 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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