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Great news for PSSap members working overseas
We are pleased to announce significant improvements to insurance for members working overseas.
On behalf of PSSap members, we have negotiated enhanced insurance with the Fund's insurer, AIG Life, for members being posted overseas. The changes have been made without any increase in the premium. The changes took effect on 1 August 2006.
Death and TPD cover
As a result of the changes, Death and TPD cover for PSSap members who are employed overseas is provided for an unlimited period of time and irrespective of the location of employment.
Income protection
Income protection is also provided to PSSap members who are employed overseas for an unlimited period time and irrespective of the location of employment. However, any claims arising from acts of war, or where the PSSap member is in active service in the armed forces of any country or international organisation, are excluded and are not payable by the insurer.
The insurance cover for those PSSap members who have been employed overseas within 12 months prior to 1 August 2006, will be carried over and continue in accordance with the new provisions.