Death can place financial strain on the family and the death cover benefit is paid out as a lump sum to help your loved ones cover funeral costs and ongoing living expenses. This cover also comes with Total and permanent disability (TPD). A permanent injury or illness can make it difficult and sometimes impossible to return work. In that situation, if you have TPD it can help provide a financial safety net to support you and your family, and pay for medical and rehabilitation costs. It is usually paid as a one-off, lump sum payment.
How do I get cover?
Generally, you will gain automatic Death & TPD cover when you join Vision Super Saver through part or full-time employment with a participating employer. However, there are rules around your employment, account balance and age. Automatic cover is subject to the terms and conditions of the insurance policy, between the Insurer and the Trustee.
Tailor your cover
Depending on your needs and circumstances you can customise your cover. You have the option to increase/decrease your cover, change It to fixed cover. This will let you maintain the same level of cover over time no matter your age. Please note that this will mean your premium will increase the older you get.
Decide what’s right for you
Read up on more information about our insurance cover options, update your own cover, or use our calculators to decide what cover you need. It’s also important to note. The payment of death, TPD and/or income protection benefits is subject to the terms and conditions of the applicable insurance policy/policies. Make sure you always read the details which you’ll find in the Insurance Guide.
More information about Death and TPD cover can be found in our fact sheet
Vision Super Saver Insurance Guide
Other insurance options
Income protection cover
Income protection cover provides you with an income for up to two years if you can’t work due to illness or injury
Death cover, also known as life insurance, will provide your loved ones with financial support if you die.
We're here to help
You might find the answer to your question in the FAQ below. If you don’t find it there, you can call our Member Services hotline on 1300 300 820.
Also before you make any changes to your cover please consider seeking financial advice. If you would like to speak with a Vision Super financial planner you can call 1300 300 820 to make an appointment.