Workplace super top 10 for insurance - Death/TPD


Best value insurance for Low 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 TWUSUPER Industry $125,000
2 Transuper Industry $125,000
3 AustSafe Super Industry Super Industry $120,536
4 IAG & NRMA Superannuation Plan Corporate $100,000
5 UniSuper - Defined Benefit Division Industry $98,113
6 UniSuper Industry $98,113
7 ANZ Australian Staff Super - Employee Corporate $91,711
8 Intrust Super - Executive Super Industry $86,667
9 Suncorp Everyday Super for Business Master Trust $84,691
10 AvSuper Corporate Government $80,833
  Average (median)   $48,883

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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