Is your insurance keeping pace with your life?
What is it?
- Default insurance can act as a built-in safety net through your super1.
- If you’re over 25 and have at least $6,000 in your super, it’s likely you’ve got default insurance automatically.
- This cover is designed for everyday Australians without needing to set anything up. It’s important to consider whether default cover meets your specific needs and may need to be tailored to do so.
Check what insurance you already have
- Visit your member portal to make sure you have insurance in super. Review or adjust your cover anytime.
- Use our insurance calculator to see if your cover still fits your needs.
- Review your cover when life changes.
- Make sure your beneficiaries are up to date.
You could already be covered by insurance through your super without even realising it.
It only takes a few minutes to check what you’ve got and make sure it still fits your life, and potential beneficiaries. Insurance might sound dry, but peace of mind definitely isn’t.
What types of insurance do you get?
There are two types of default insurance included with super:
- Death cover: provides a payout to the people you choose (your beneficiaries) if you pass away, helping them manage major expenses like mortgage payments, everyday bills or simply maintaining financial stability during a very difficult time.
- Total and permanent disablement (TPD): pays a lump sum if a serious illness or injury means you’re unlikely to ever work again. It can help with medical costs, rehabilitation, changes to your home or car, or replacing your income long-term, supporting your quality of life if something unexpected happens.
Please remember that insurance cover is subject to terms and conditions and important limitations may apply. The amount of cover you receive is based on your age and has been designed to reflect the needs and circumstances of an average member of each age. If you feel the amount of default cover you receive isn’t right for you, you can reduce or apply to increase it. You should read the Insurance Guide and speak to a financial adviser before making any changes to your insurance cover to make sure your personal circumstances are considered.
You can also apply for income protection cover, which pays part of your salary if illness or injury stops you from working for a period. While you recover, it can help cover essentials like rent or mortgage payments, bills and groceries, giving you the breathing room when you need it the most.
Life changes, and your insurance cover should keep up. A quick check-in now helps keep your cover aligned with your needs.
What you get with us – competitive quality and price
Our insurance is rated as high quality by independent researcher SuperRatings2, giving members confidence that their cover is highly competitive. But there are also extras you may be able to take advantage of you may not know you already have.
Through our insurance partner MetLife, our super members and their families can access a range of wellbeing services at no additional cost through our 360Health program. This includes mental health support, expert medical opinions, nutrition guidance, fitness programs, mobility services and more. It’s practical, everyday help for different stages of life. There are terms and conditions, so make sure to check carefully for eligibility.
These extras are part of your membership already, which means there may be benefits you could start using today to make life a little easier, healthier or more supported. It’s worth taking a look, you may discover something that genuinely helps.
Why it matters
Super is designed to run smoothly in the background, but staying informed about your insurance can make a real difference.
For a simple overview of the types of cover, eligibility and claims, check out this easy-to-understand fact sheet.
It’s worth reviewing your cover when your life changes, like:
- getting married or starting a family,
- changing jobs,
- buying a property
Also, make sure your beneficiary nominations are up to date. A binding nomination ensures your super and insurance go to eligible beneficiaries.
Life changes, and your insurance cover should keep up. A quick check-in now helps keep your cover aligned with your needs.
Tools to help you understand your needs
You can see what insurance you already have through our online member portal, then compare it with what you might need and adjust if you want to – all through our insurance calculator.
The calculator allows you to estimate how much insurance may be right for you and how much it may cost.
It’s also worth remembering that everyone’s circumstances are different, and the calculator is a guide only. Before making any decisions, it’s a good idea to consider getting professional financial advice so you can make choices that suit your broader financial plans.
Take the next simple step
Now that you’ve got a clearer picture of your insurance, the next step is to visit your online member portal and check your current cover.
Understanding your insurance is a small habit that can make a real difference.
1 Subject to meeting terms and conditions of the policy and any cover limitations
2 Australian Ethical’s MySuper insurance cover is rated by independent researcher SuperRatings in its latest report to December 31, 2025, with a ‘Speed sign’ of 110. This means it’s assessed as ‘Excellent - well above benchmark’ and in the top 25% of performers for attributes including coverage, cost and choice.
