Insurance premiums fall

We’re always looking for ways to give you value for money products and services. And from February if you have salary-based cover, you’ll see a 13% reduction in the amount you pay for insurance.

This applies to both death and TPD insurance and income protection.

The premium reduction will be effective from the end of February when your monthly premiums are taken out of your super account.

Basic death and TPD cover is compulsory in the PSSap and you can change your level of cover at any time. You can also change your level of income protection, vary waiting periods or opt out all together.

If you have unit-based cover, your sum insured will increase by 13%.

Insurance helps protect your current lifestyle and provides for you or your family in the event of your sickness, injury, or death.

To find out more about your insurance and how your premiums are calculated, read the PSSap product disclosure statement.