Death and total & permanent disability cover

With the right cover, you can provide financial protection for you and your loved ones.

Illness, injury or death of a loved one can be a financial strain on your family.
Once you are assessed as eligible to receive payment of the benefit, it is paid out as a lump sum to either you directly to help with ongoing living expenses, rehabilitation or medical costs; or even funeral costs.
If you are diagnosed with a terminal illness you may be eligible to receive an early payment of your death cover. This can be paid directly to you.

How do I get cover?

Generally, you will gain automatic Death & TPD cover when you join Vision Super with a Saver account through part or full-time employment with a participating employer. 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. You have the option to keep only death cover (by cancelling any automatic TPD cover), increase or decrease cover, or change it to fixed cover. This will let you maintain the same level of cover over time no matter your age, but premiums will increase as you get older.

Decide what’s right for you

The factsheet linked below has more information about our insurance cover options and how to update your cover. Use the calculators on our site to help you decide what cover you need. It’s important to note that payment of death, TPD and/or income protection benefits are subject to the terms and conditions of the applicable insurance policy/policies at the date of your illness/injury. Make sure you always read the details in the Insurance Guide before making a decision.

More information about Death and TPD cover can be found in our fact sheet

Vision Super Saver Insurance Guide

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.

Insurance calculators

Life changes, and so do your insurance needs. So over time, you might need to increase or decrease your insurance to suit your circumstances.

Use our insurance calculators to figure out how much is right for you.

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. 

Frequently asked questions

We’re required to have Target Market Determinations under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019.

This is to make sure we’re keeping members at the centre of our approach to the design and distribution of our financial products.

This legislation requires financial services product issuers to design products that are appropriate for the consumers in the target market and consistent with their objectives, financial situation, and needs.

A Target Market Determination is a document which describes who a product is appropriate for (target market), and any conditions around how the product can be distributed to customers. 

It also describes the events or circumstances where we may need to review the Target Market Determination for a financial product.

It depends how your details have been changed. The most common request is changing a surname due to marriage, which you can do with a certified copy of your marriage certificate, and a Vision Super “Change of Personal Details form” found here: view form

If you have changed your name another way, we recommend you contact us first on 1300 300 820 so we can outline what documents we need to change your details without issue.

If you want to change your address, you can do this by logging onto the secure member portal online, or calling our Member Services team on 1300 300 820.

You can check your balance 24/7 via Vision Online, our secure member secure site, or via the Vision Super app for mobile devices. You can also contact our Member Services on 1300 300 820 or by emailing us on [email protected]

Here’s how it works. You may be able to receive a tax-free contribution from the Government when you make a non-concessional (after-tax) contribution to your super account.  The maximum entitlement that can be received is $500 where your total income is $41,112 or less in the 2021/22 year. This reduces on a sliding scale and cuts out if your total income is above $56,112 in the 2021/22 year.

This is, of course, provided you satisfy work, income and age tests.

Please note that the income threshold test for the co-contribution is your total income, which is calculated as follows:

Total income (assessable income + reportable fringe benefits + reportable employer super contributions – allowable business deductions).

In very basic terms, ‘salary sacrificing’, or ‘salary packaging’ means using some of your before-tax salary to pay for something. In superannuation terms, it is usually an arrangement between you and your employer to contribute some of your before-tax salary into your superannuation account.

In the 2021/2022 financial year, the maximum that can be contributed as before-tax payments is $27,500, this includes your employer SG payments of 10%.

Please note that any after-tax contributions made, where you obtain a tax deduction, are included in this contribution limit.