As a result of the Protecting Your Super reforms there will be an increase in your insurance premiums paid for Death, Death and Total and Permanent Disablement (TPD) and Income Protection. These rates are effective from 1 July 2019.

Below is a summary of the different types of cover available through the fund and some examples to show you the impact of this price increase.

Type of cover Maximum cover Cost of cover (deducted from your account in arrears in monthly installments)
Default cover
Death & Total and Permanent Disablement levels of cover vary with age and occupation Standard – $199,251* $219.96 p.a.
Fixed cover (subject to insurer approval). Cost of cover varies with age, contributing status, gender, occupation and smoking status.
Death Unlimited death cover.

$5 million terminal illness cover.

Example: 45 year old female, employer-sponsored, white collar occupation category will cost $177 p.a. for $300,000 of Death cover.
Death & Total and Permanent Disablement Unlimited death cover.

$5 million Total and Permanent Disablement cover (amount of cover cannot exceed Death cover). $5m terminal illness cover.

Example: 45 year old male, personal member, white collar occupation category, non-smoker will cost $507 p.a. for $300,000 of Death and TPD cover.
Income Protection The lesser of:

75% of last agreed annual salary or wages (as earned in one calendar month), plus superannuation contributions of 10%; or $30,000 per month.

Example: 45 year old female, employer-sponsored, white collar occupation category, non-smoker for up to 2 year benefit period with a 30 day waiting period will cost $95.00 per month for $10,000 per month cover.

*The example is based on males and females aged between 30 and 40 on their next birthday with a ‘Standard’ occupation category. If you’d like to change your occupation category, please log into our secure member portal or fill out our Insurance Variation Form. To help you work out your category, our Insurance Guide on page 19 has the descriptions we use.

To see the new rates for the cover that you hold with us, please refer to the applicable rate tables below. We have provided examples to show you how to use the new rates to calculate the premium you will pay from 1 July 2019.

Default insurance rate table for Employer sponsored member and Personal member

Default cover for Death only or Death & TPD

If you’re in a white collar occupation category, your level of Default Cover at various ages is set out in the below table.

Each additional unit of Death & TPD insurance costs $1.41 per week. Each additional unit of Death insurance costs $0.78 per week.

Age Next Birthday No of default units Value per unit Default cover
16 3 $73,771 $221,313
17 3 $73,771 $221,313
18 3 $73,771 $221,313
19 3 $73,771 $221,313
20 3 $73,771 $221,313
21 3 $73,771 $221,313
22 3 $73,771 $221,313
23 3 $73,771 $221,313
24 3 $73,771 $221,313
25 3 $78,640 $235,920
26 3 $85,989 $257,967
27 3 $98,320 $294,960
28 3 $110,651 $331,953
29 3 $122,983 $368,949
30 3 $132,834 $398,502
31 3 $132,834 $398,502
32 3 $132,834 $398,502
33 3 $132,834 $398,502
34 3 $132,834 $398,502
35 3 $132,834 $398,502
36 3 $132,834 $398,502
37 3 $132,834 $398,502
38 3 $132,834 $398,502
39 3 $132,834 $398,502
40 3 $132,834 $398,502
41 3 $108,160 $324,480
42 3 $88,480 $265,440
43 3 $66,411 $199,233
44 3 $52,389 $157,167
45 3 $48,091 $144,273
46 3 $43,783 $131,349
47 3 $39,600 $118,800
48 3 $35,417 $106,251
49 3 $31,680 $95,040
50 3 $27,829 $83,487
51 3 $24,777 $74,331
52 3 $21,840 $65,520
53 3 $19,234 $57,702
54 3 $17,086 $51,258
55 3 $15,383 $46,149
56 3 $13,920 $41,760
57 3 $12,674 $38,022
58 3 $11,543 $34,629
59 3 $10,526 $31,578
60 3 $9,509 $28,527
61 3 $8,709 $26,127
62 3 $7,920 $23,760
63 3 $7,131 $21,393
64 3 $6,331 $18,993
65 3 $5,657 $16,971
66 3 $4,983 $14,949
67 3 $4,411 $13,233
68 3 $3,851 $11,553
69 3 $3,394 $10,182
70 3 $2,937 $8,811

To determine your level of cover if you have an occupation category other than White Collar, you need to divide the level of cover set out in the Default Cover table above by the factors set out below.

* Information on Occupation Categories is provided on page 19 of the Insurance Guide.

Occupation Category* Death Factor Death & TPD Factor
Professional 0.85 0.85
White Collar 1.00 1.00
Standard Plus 1.30 1.40
Standard 1.70 2.00
Basic 2.15 2.50

EXAMPLE

For example, a member who turns 40 at their next birthday will have the following levels of Default Cover given different occupation categories.

Occupation Category Death & TPD Factor White Collar Amount Divided by Factor Equals Level of Default Cover
Professional 0.85 $398,502 / 0.85 $468,826
White Collar 1.00 $398,502 / 1.00 $398,502
Standard Plus 1.40 $398,502 / 1.40 $284,644
Standard 2.00 $398,502 / 2.00 $199,251
Basic 2.50 $398,502/2.50 $159,401

Employer sponsored rate tables

Employer sponsored member – Fixed Cover Rate of Premium

You will be considered an employer sponsored member, when you are employed by an employer who makes superannuation guarantee or Award contributions to the Fund.

Example: If you have $400,000 of fixed Death & TPD cover and you are an employer sponsored, are a professional female and your age next birthday is 35 the premium payable would be 0.38 x 0.85 x 400 (per $1,000) of cover. In this example, your insurance would cost $129.20 each year (or approximately $2.48 a week).

NOTES:

  • Annual premium per $1,000 sum insured, White Collar occupation category.
  • Occupation rating factor is to be applied to the applicable rate of premium. For example, if your occupation category is Standard Plus you need to multiply the rate of premium for Death & TPD set out below by 140% or 1.4.
Occupation category Death Death & TPD
Professional 85% 85%
White collar 100% 100%
Standard Plus 130% 140%
Standard 170% 200%
Basic 215% 250%
Employer sponsored member – Fixed cover rate of premium
Age Next Birthday White Collar premium rates per $1,000 sum insured
Male Female
Death Only D&TPD Death Only D&TPD
16 $0.32 $0.33 $0.13 $0.14
17 $0.35 $0.36 $0.13 $0.14
18 $0.41 $0.42 $0.16 $0.17
19 $0.46 $0.47 $0.17 $0.18
20 $0.48 $0.50 $0.17 $0.18
21 $0.49 $0.51 $0.16 $0.18
22 $0.48 $0.52 $0.16 $0.18
23 $0.46 $0.53 $0.16 $0.17
24 $0.45 $0.51 $0.15 $0.16
25 $0.44 $0.53 $0.14 $0.16
26 $0.43 $0.52 $0.14 $0.16
27 $0.41 $0.51 $0.13 $0.17
28 $0.40 $0.50 $0.14 $0.18
29 $0.39 $0.51 $0.14 $0.20
30 $0.39 $0.51 $0.15 $0.21
31 $0.39 $0.51 $0.17 $0.24
32 $0.39 $0.54 $0.17 $0.26
33 $0.39 $0.55 $0.19 $0.29
34 $0.41 $0.57 $0.21 $0.32
35 $0.42 $0.61 $0.23 $0.38
36 $0.43 $0.64 $0.25 $0.42
37 $0.45 $0.70 $0.27 $0.48
38 $0.46 $0.76 $0.30 $0.53
39 $0.51 $0.84 $0.33 $0.60
40 $0.54 $0.91 $0.36 $0.69
41 $0.59 $1.02 $0.40 $0.78
42 $0.64 $1.13 $0.44 $0.88
43 $0.69 $1.25 $0.48 $1.00
44 $0.76 $1.40 $0.52 $1.09
45 $0.82 $1.56 $0.54 $1.18
46 $0.89 $1.75 $0.59 $1.31
47 $0.97 $1.96 $0.62 $1.45
48 $1.06 $2.20 $0.67 $1.62
49 $1.16 $2.47 $0.72 $1.78
50 $1.20 $2.73 $0.73 $1.87
51 $1.33 $3.09 $0.75 $2.11
52 $1.45 $3.49 $0.83 $2.38
53 $1.59 $3.92 $0.94 $2.70
54 $1.73 $4.41 $1.03 $3.03
55 $1.90 $4.96 $1.12 $3.35
56 $2.06 $5.50 $1.22 $3.70
57 $2.23 $6.13 $1.35 $4.09
58 $2.43 $6.87 $1.48 $4.50
59 $2.64 $7.71 $1.60 $4.96
60 $2.87 $8.69 $1.72 $5.47
61 $3.13 $9.65 $1.84 $6.00
62 $3.43 $10.66 $1.97 $6.63
63 $3.73 $11.73 $2.14 $7.37
64 $4.05 $12.92 $2.32 $8.30
65 $4.40 $14.20 $2.54 $9.38
66 $4.92 $17.83 $2.87 $10.62
67 $5.52 $20.32 $3.21 $12.05
68 $6.26 $23.17 $3.63 $13.65
69 $7.07 $26.38 $4.11 $15.45
70 $7.98 $30.07 $4.65 $17.51

Employer sponsored IP cover – Female only

You will be considered an employer sponsored member, when you are employed by an employer who makes superannuation guarantee or Award contributions to the Fund.

Example: If you are an employer sponsored, are a Standard female and your age next birthday is 27 the premium payable for an annual benefit of $65,000 payable for a 5 year benefit period with a 60 day waiting period would be $2.87 x 2.2 (or 220%) x 65 (per $1,000) of cover. In this example your insurance would cost $410.41 each year (or approximately $7.90 a week).

NOTES:

  • Annual premium per $1,000 sum insured, White Collar occupation category.
  • Occupation rating factor is to be applied to the applicable rate of premium. For example, if your occupation category is Standard Plus you need to multiply the rate of premium for Death & TPD set out below by 150% or 1.5.
  • Rates are inclusive of 8% stamp duty.

The maximum monthly benefit is broadly an amount equal to the lesser of:

  • 75% of annual salary or wages last agreed with the insurer (as earned in 1 calendar month), plus superannuation contributions of up to 10% of salary or
  • $30,000 per month
Occupation category Factor
Professional 80%
White collar 100%
Standard Plus 150%
Standard 220%
Basic 350%
Employer sponsored IP cover – Female only
Age Next Birthday 2 Years 5 Years To Age 65
30 day 60 Day 90 Day 30 day 60 Day 90 Day 30 day 60 Day 90 Day
16 $2.83 $1.78 $1.11 $3.92 $2.42 $1.58 $7.60 $5.69 $3.74
17 $2.88 $1.79 $1.11 $4.00 $2.45 $1.60 $7.73 $5.81 $3.77
18 $2.92 $1.83 $1.14 $4.09 $2.52 $1.64 $7.87 $5.93 $3.88
19 $2.97 $1.85 $1.16 $4.13 $2.54 $1.64 $7.95 $6.01 $3.89
20 $2.99 $1.85 $1.16 $4.15 $2.57 $1.66 $8.05 $6.07 $3.94
21 $3.12 $1.94 $1.21 $4.27 $2.63 $1.73 $8.18 $6.22 $4.00
22 $3.12 $1.93 $1.20 $4.29 $2.63 $1.66 $8.37 $6.34 $3.97
23 $3.14 $1.94 $1.19 $4.39 $2.65 $1.66 $8.67 $6.57 $4.03
24 $3.17 $1.94 $1.16 $4.44 $2.69 $1.69 $8.90 $6.74 $4.14
25 $3.20 $1.98 $1.19 $4.50 $2.72 $1.69 $9.20 $6.97 $4.19
26 $3.24 $1.99 $1.16 $4.58 $2.77 $1.69 $9.47 $7.16 $4.27
27 $3.35 $2.06 $1.21 $4.76 $2.87 $1.76 $9.96 $7.58 $4.48
28 $3.47 $2.13 $1.26 $4.96 $2.99 $1.85 $10.51 $8.02 $4.79
29 $3.60 $2.20 $1.29 $5.18 $3.13 $1.91 $11.10 $8.47 $4.98
30 $3.78 $2.31 $1.31 $5.46 $3.24 $1.98 $11.79 $8.97 $5.16
31 $3.97 $2.40 $1.36 $5.76 $3.42 $2.03 $12.58 $9.52 $5.39
32 $4.18 $2.52 $1.39 $6.07 $3.59 $2.10 $13.35 $10.07 $5.59
33 $4.42 $2.64 $1.45 $6.47 $3.78 $2.19 $14.25 $10.72 $5.84
34 $4.67 $2.78 $1.50 $6.88 $4.00 $2.29 $15.25 $11.41 $6.07
35 $4.94 $2.90 $1.55 $7.31 $4.22 $2.37 $16.27 $12.13 $6.24
36 $5.22 $3.08 $1.63 $7.78 $4.48 $2.53 $17.33 $12.91 $6.72
37 $5.54 $3.25 $1.73 $8.31 $4.78 $2.67 $18.51 $13.81 $7.05
38 $5.88 $3.48 $1.85 $8.88 $5.14 $2.89 $19.81 $14.77 $7.63
39 $6.24 $3.69 $1.99 $9.46 $5.51 $3.14 $21.05 $15.74 $8.22
40 $6.63 $3.94 $2.15 $10.10 $5.89 $3.40 $22.45 $16.84 $8.90
41 $7.05 $4.22 $2.34 $10.76 $6.33 $3.73 $23.84 $17.97 $9.66
42 $7.47 $4.53 $2.57 $11.51 $6.86 $4.12 $25.31 $19.20 $10.60
43 $7.93 $4.84 $2.84 $12.28 $7.41 $4.55 $26.84 $20.47 $11.56
44 $8.41 $5.21 $3.13 $13.11 $7.98 $5.02 $28.43 $21.84 $12.59
45 $8.92 $5.62 $3.47 $13.98 $8.67 $5.61 $30.02 $23.22 $13.85
46 $9.50 $6.03 $3.78 $14.94 $9.39 $6.19 $31.73 $24.73 $15.00
47 $10.06 $6.49 $4.15 $15.95 $10.14 $6.82 $33.40 $26.24 $16.29
48 $10.69 $6.97 $4.58 $17.03 $11.00 $7.58 $35.14 $27.82 $17.71
49 $11.32 $7.47 $5.03 $18.13 $11.88 $8.38 $36.76 $29.32 $19.15
50 $12.05 $8.05 $5.52 $19.40 $12.88 $9.23 $38.54 $30.95 $20.57
51 $12.80 $8.65 $6.04 $20.75 $13.94 $10.16 $40.29 $32.60 $22.04
52 $13.61 $9.28 $6.59 $22.21 $15.08 $11.19 $42.01 $34.19 $23.45
53 $14.48 $9.97 $7.17 $23.75 $16.30 $12.24 $43.30 $35.41 $24.55
54 $15.43 $10.72 $7.81 $25.46 $17.63 $13.38 $44.47 $36.55 $25.58
55 $16.48 $11.52 $8.46 $27.34 $19.11 $14.60 $45.55 $37.58 $26.45
56 $17.59 $12.39 $9.16 $29.42 $20.63 $15.85 $46.78 $38.15 $27.04
57 $18.85 $13.31 $9.89 $31.71 $22.32 $17.24 $47.30 $38.57 $27.42
58 $20.20 $14.29 $10.62 $34.19 $24.11 $18.62 $47.24 $38.30 $27.60
59 $21.70 $15.38 $11.39 $37.00 $26.08 $20.11 $46.55 $37.47 $27.38
60 $23.38 $16.52 $12.23 $40.11 $28.19 $21.64 $45.11 $35.90 $26.64
61 $25.34 $17.88 $13.14 $41.54 $28.76 $21.60 $41.73 $32.66 $24.08
62 $27.57 $19.36 $14.12 $40.77 $27.79 $20.37 $38.48 $29.51 $21.84
63 $30.12 $21.00 $15.18 $38.70 $25.83 $18.33 $34.40 $25.21 $19.56
64 $27.62 $18.48 $12.41 $32.57 $20.97 $13.99 $28.97 $20.63 $15.25
65 $14.29 $8.51 $4.28 $16.99 $9.69 $4.83 $15.29 $9.92 $6.08

Employer sponsored IP cover – Male only

You will be considered an employer sponsored member, when you are employed by an employer who makes superannuation guarantee or Award contributions to the Fund.

Example: If you are an employer sponsored, are a Standard male and your age next birthday is 27 the premium payable for an annual benefit of $65,000 payable for a 5 year benefit period with a 60 day waiting period would be $2.03 x 2.2 (or 220%) x 65 (per $1,000) of cover. In this example your insurance would cost $290.29 each year (or approximately $5.58 a week).

NOTES:

  • Annual premium per $1,000 sum insured, White Collar occupation category.
  • Occupation rating factor is to be applied to the applicable rate of premium. For example, if your occupation category is Standard Plus you need to multiply the rate of premium for Death & TPD set out below by 150% or 1.5.
  • Rates are inclusive of 8% stamp duty.

The maximum monthly benefit is broadly an amount equal to the lesser of:

  • 75% of annual salary or wages last agreed with the insurer (as earned in 1 calendar month), plus superannuation contributions of up to 10% of salary or
  • $30,000 per month
Occupation category Factor
Professional 80%
White collar 100%
Standard Plus 150%
Standard 220%
Basic 350%
Employer sponsored IP cover – Male only
Age Next Birthday 2 Years 5 Years To Age 65
30 day 60 Day 90 Day 30 day 60 Day 90 Day 30 day 60 Day 90 Day
16 $2.38 $1.54 $1.01 $3.43 $2.13 $1.40 $5.76 $4.47 $2.90
17 $2.42 $1.56 $1.01 $3.49 $2.15 $1.43 $5.87 $4.57 $2.95
18 $2.45 $1.59 $1.04 $3.57 $2.24 $1.48 $5.99 $4.65 $2.99
19 $2.48 $1.61 $1.05 $3.60 $2.25 $1.48 $6.02 $4.68 $3.03
20 $2.50 $1.61 $1.05 $3.65 $2.26 $1.48 $6.11 $4.77 $3.03
21 $2.59 $1.69 $1.11 $3.70 $2.31 $1.55 $6.13 $4.83 $3.08
22 $2.50 $1.61 $1.04 $3.62 $2.25 $1.45 $6.11 $4.79 $2.98
23 $2.45 $1.58 $0.99 $3.58 $2.18 $1.38 $6.14 $4.81 $2.89
24 $2.42 $1.53 $0.93 $3.52 $2.10 $1.29 $6.18 $4.78 $2.80
25 $2.37 $1.48 $0.88 $3.48 $2.06 $1.23 $6.22 $4.79 $2.72
26 $2.34 $1.45 $0.84 $3.47 $2.03 $1.19 $6.31 $4.83 $2.68
27 $2.35 $1.45 $0.81 $3.49 $2.03 $1.16 $6.49 $4.94 $2.70
28 $2.40 $1.46 $0.79 $3.57 $2.06 $1.16 $6.73 $5.11 $2.77
29 $2.43 $1.46 $0.79 $3.65 $2.09 $1.16 $7.02 $5.31 $2.80
30 $2.52 $1.50 $0.79 $3.78 $2.15 $1.19 $7.37 $5.56 $2.89
31 $2.60 $1.55 $0.83 $3.93 $2.20 $1.20 $7.70 $5.81 $2.99
32 $2.68 $1.59 $0.84 $4.10 $2.31 $1.24 $8.15 $6.11 $3.14
33 $2.82 $1.65 $0.86 $4.30 $2.42 $1.28 $8.60 $6.46 $3.24
34 $2.94 $1.75 $0.90 $4.53 $2.54 $1.36 $9.12 $6.84 $3.42
35 $3.08 $1.81 $0.94 $4.78 $2.68 $1.41 $9.70 $7.26 $3.58
36 $3.24 $1.93 $1.01 $5.07 $2.84 $1.50 $10.30 $7.72 $3.83
37 $3.42 $2.03 $1.06 $5.34 $3.00 $1.61 $10.95 $8.20 $4.08
38 $3.62 $2.16 $1.14 $5.71 $3.23 $1.76 $11.66 $8.75 $4.40
39 $3.83 $2.30 $1.24 $6.06 $3.44 $1.90 $12.40 $9.34 $4.77
40 $4.05 $2.45 $1.35 $6.46 $3.70 $2.09 $13.25 $9.99 $5.22
41 $4.29 $2.62 $1.48 $6.89 $3.98 $2.29 $14.12 $10.67 $5.69
42 $4.57 $2.82 $1.61 $7.38 $4.29 $2.52 $15.00 $11.37 $6.22
43 $4.84 $3.03 $1.78 $7.86 $4.64 $2.79 $15.95 $12.16 $6.79
44 $5.17 $3.23 $1.95 $8.43 $5.03 $3.09 $16.99 $13.01 $7.45
45 $5.51 $3.50 $2.16 $9.02 $5.47 $3.43 $18.06 $13.89 $8.16
46 $5.87 $3.77 $2.40 $9.66 $5.93 $3.85 $19.12 $14.79 $8.93
47 $6.26 $4.08 $2.67 $10.35 $6.46 $4.29 $20.28 $15.80 $9.80
48 $6.68 $4.42 $2.97 $11.12 $7.05 $4.79 $21.49 $16.86 $10.76
49 $7.13 $4.78 $3.32 $11.99 $7.70 $5.36 $22.76 $17.98 $11.79
50 $7.66 $5.19 $3.68 $12.91 $8.43 $6.03 $24.10 $19.18 $12.93
51 $8.21 $5.67 $4.12 $13.91 $9.25 $6.78 $25.46 $20.42 $14.19
52 $8.82 $6.18 $4.60 $15.04 $10.16 $7.62 $26.85 $21.71 $15.47
53 $9.46 $6.74 $5.14 $16.27 $11.17 $8.57 $28.48 $23.19 $16.92
54 $10.19 $7.37 $5.74 $17.62 $12.30 $9.64 $30.16 $24.71 $18.48
55 $11.00 $8.08 $6.42 $19.12 $13.56 $10.82 $31.85 $26.30 $20.11
56 $11.89 $8.85 $7.17 $20.78 $14.98 $12.18 $33.34 $27.70 $21.76
57 $12.89 $9.71 $8.03 $22.66 $16.56 $13.68 $34.09 $28.56 $23.35
58 $13.96 $10.66 $8.95 $24.71 $18.32 $15.33 $34.75 $29.24 $24.31
59 $15.19 $11.73 $9.97 $27.04 $20.30 $17.22 $34.95 $29.52 $25.11
60 $16.54 $12.90 $11.12 $29.67 $22.50 $19.26 $34.54 $29.24 $25.39
61 $18.14 $14.29 $12.45 $31.17 $23.59 $20.18 $32.58 $27.55 $24.35
62 $19.95 $15.84 $13.94 $31.01 $23.43 $20.02 $30.53 $25.77 $23.19
63 $22.00 $17.56 $15.57 $29.72 $22.29 $18.86 $27.22 $22.81 $21.56
64 $20.23 $15.57 $13.16 $24.99 $18.21 $14.90 $23.11 $19.00 $17.67
65 $10.32 $6.92 $4.60 $12.90 $8.10 $5.21 $12.50 $9.44 $7.96

Personal member rate table

Personal member – Fixed cover rate of premium

If you are not considered an employer sponsored member then you will be a personal member.

Example:

If you have $350,000 of fixed Death & TPD cover and you are a personal member, are a Standard Plus non-smoking male and your age next birthday is 39 the premium payable would be $0.91 x 1.4 (or 140%) x 350 (per $1,000) of cover. In this example your insurance would cost $445.90 each year (or approximately $8.57 a week).

NOTES:

  • Annual premium per $1,000 sum insured, White Collar occupation category.
  • Occupation rating factor is to be applied to the applicable rate of premium. For example, if your occupation category is Standard Plus you need to multiply the rate of premium for Death & TPD set out below by 140% or 1.4.
Occupation category Death Death & TPD
Professional 85% 85%
White collar 100% 100%
Standard Plus 130% 140%
Standard 170% 200%
Basic 215% 250%
Personal member – Fixed cover rate of premium
Age Next Birthday White Collar premium rates per $1,000 sum insured
Male Female
Non-smoker Smoker Non-smoker Smoker
Death Only D&TPD Death Only D&TPD Death Only D&TPD Death Only D&TPD
16 $0.36 $0.40 $0.68 $0.75 $0.13 $0.14 $0.25 $0.29
17 $0.36 $0.40 $0.68 $0.75 $0.13 $0.14 $0.25 $0.29
18 $0.38 $0.42 $0.72 $0.81 $0.14 $0.15 $0.27 $0.29
19 $0.42 $0.48 $0.80 $0.91 $0.15 $0.17 $0.30 $0.34
20 $0.44 $0.53 $0.85 $1.00 $0.16 $0.18 $0.31 $0.38
21 $0.48 $0.57 $0.90 $1.07 $0.15 $0.19 $0.30 $0.37
22 $0.48 $0.59 $0.92 $1.11 $0.15 $0.17 $0.29 $0.36
23 $0.49 $0.60 $0.94 $1.17 $0.14 $0.18 $0.28 $0.35
24 $0.49 $0.61 $0.94 $1.19 $0.14 $0.18 $0.27 $0.36
25 $0.49 $0.61 $0.92 $1.18 $0.13 $0.19 $0.26 $0.36
26 $0.48 $0.63 $0.90 $1.18 $0.14 $0.18 $0.27 $0.37
27 $0.45 $0.61 $0.88 $1.16 $0.14 $0.20 $0.28 $0.39
28 $0.45 $0.61 $0.86 $1.16 $0.15 $0.21 $0.29 $0.40
29 $0.44 $0.60 $0.84 $1.16 $0.15 $0.24 $0.30 $0.46
30 $0.43 $0.60 $0.82 $1.15 $0.16 $0.26 $0.32 $0.49
31 $0.43 $0.60 $0.82 $1.15 $0.17 $0.27 $0.33 $0.54
32 $0.43 $0.60 $0.81 $1.17 $0.19 $0.31 $0.36 $0.61
33 $0.43 $0.62 $0.82 $1.18 $0.21 $0.37 $0.38 $0.66
34 $0.43 $0.63 $0.82 $1.20 $0.22 $0.41 $0.41 $0.74
35 $0.44 $0.67 $0.84 $1.27 $0.24 $0.44 $0.44 $0.82
36 $0.45 $0.71 $0.88 $1.37 $0.26 $0.51 $0.49 $0.93
37 $0.48 $0.78 $0.91 $1.47 $0.28 $0.55 $0.53 $1.04
38 $0.50 $0.85 $0.96 $1.60 $0.31 $0.61 $0.58 $1.17
39 $0.53 $0.91 $1.02 $1.75 $0.33 $0.69 $0.65 $1.30
40 $0.57 $1.01 $1.08 $1.93 $0.37 $0.78 $0.71 $1.48
41 $0.62 $1.11 $1.16 $2.10 $0.41 $0.85 $0.77 $1.65
42 $0.66 $1.19 $1.23 $2.27 $0.44 $0.96 $0.84 $1.83
43 $0.70 $1.30 $1.34 $2.48 $0.49 $1.08 $0.94 $2.06
44 $0.75 $1.40 $1.43 $2.68 $0.53 $1.18 $1.02 $2.28
45 $0.80 $1.54 $1.52 $2.93 $0.58 $1.32 $1.10 $2.52
46 $0.86 $1.69 $1.64 $3.22 $0.64 $1.49 $1.20 $2.80
47 $0.94 $1.88 $1.77 $3.55 $0.69 $1.63 $1.31 $3.10
48 $1.02 $2.08 $1.92 $3.93 $0.75 $1.80 $1.42 $3.42
49 $1.11 $2.32 $2.12 $4.40 $0.80 $1.97 $1.52 $3.74
50 $1.22 $2.01 $2.32 $4.06 $0.86 $2.16 $1.64 $4.11
51 $1.35 $2.20 $2.57 $4.43 $0.94 $2.37 $1.77 $4.51
52 $1.49 $2.37 $2.84 $4.77 $1.00 $2.59 $1.91 $4.92
53 $1.65 $2.55 $3.13 $5.18 $1.09 $2.84 $2.06 $5.40
54 $1.80 $2.76 $3.49 $5.55 $1.18 $3.14 $2.24 $5.97
55 $1.96 $3.01 $3.87 $6.02 $1.29 $3.50 $2.45 $6.63
56 $2.11 $3.25 $4.21 $6.46 $1.38 $3.92 $2.70 $7.41
57 $2.27 $3.49 $4.55 $6.99 $1.47 $4.42 $2.95 $8.37
58 $2.46 $3.78 $4.92 $7.56 $1.57 $5.03 $3.13 $9.49
59 $2.66 $4.08 $5.32 $8.16 $1.70 $5.71 $3.37 $10.79
60 $2.87 $4.40 $5.74 $8.83 $1.79 $6.49 $3.59 $12.29
61 $3.10 $4.77 $6.21 $9.54 $1.89 $7.39 $3.78 $14.01
62 $3.37 $5.17 $6.75 $10.37 $2.00 $8.43 $4.01 $15.97
63 $3.66 $5.61 $7.31 $11.22 $2.14 $9.59 $4.28 $18.18
64 $3.97 $6.09 $7.92 $12.17 $2.26 $10.90 $4.52 $20.64
65 $4.30 $6.61 $8.60 $13.20 $2.39 $12.32 $4.78 $23.38
66 $4.84 $7.43 $9.68 $14.86 $2.76 $13.77 $5.52 $26.08
67 $5.48 $8.40 $10.96 $16.82 $3.11 $15.43 $6.23 $29.23
68 $6.32 $9.70 $12.64 $19.40 $3.60 $17.24 $7.17 $32.63
69 $7.29 $11.18 $14.57 $22.37 $4.13 $19.19 $8.27 $36.33
70 $8.33 $12.78 $16.67 $25.60 $4.75 $21.31 $9.50 $40.36

Personal division IP cover: 2 year benefit Female only

If you are not considered an employer sponsored member, then you will be a personal member.

Example: If you are a non-smoking personal member, are a white collar female and your age next birthday is 52, the premium payable for an annual benefit of $55,000 payable for a 2 year benefit period with a 90 day waiting period would be $9.20 x 55 (per $1,000) of cover. In this example your insurance would cost $506.00 each year (or approximately $9.73 a week).

NOTES:

  • Annual premium per $1,000 sum insured, White Collar occupation category.
  • Occupation rating factor is to be applied to the applicable rate of premium. For example, if your occupation category is Standard Plus you need to multiply the rate of premium for Death & TPD set out below by 150% or 1.5.
  • Rates are inclusive of 8% stamp duty.

The maximum monthly benefit is broadly an amount equal to the lesser of:

  • 75% of annual salary or wages last agreed with the insurer (as earned in 1 calendar month), plus superannuation contributions of up to 10% of salary or
  • $30,000 per month
Occupation category Factor
Professional 80%
White collar 100%
Standard Plus 150%
Standard 220%
Basic 350%
Personal division IP cover: 2 year benefit Female only
Age Next Birthday 30 Days 60 Days 90 Days
Non-smoker Smoker Non-smoker Smoker Non-smoker Smoker
16 $4.39 $5.48 $2.31 $2.89 $1.45 $1.80
17 $4.39 $5.48 $2.31 $2.89 $1.45 $1.80
18 $4.39 $5.48 $2.31 $2.89 $1.45 $1.80
19 $4.39 $5.48 $2.31 $2.89 $1.45 $1.80
20 $4.39 $5.48 $2.31 $2.89 $1.45 $1.80
21 $4.40 $5.51 $2.31 $2.89 $1.43 $1.80
22 $4.44 $5.56 $2.34 $2.92 $1.45 $1.81
23 $4.49 $5.62 $2.35 $2.95 $1.46 $1.83
24 $4.54 $5.68 $2.38 $2.98 $1.48 $1.84
25 $4.58 $5.73 $2.42 $3.00 $1.49 $1.85
26 $4.63 $5.79 $2.43 $3.04 $1.50 $1.88
27 $4.74 $5.93 $2.53 $3.15 $1.59 $1.99
28 $4.91 $6.11 $2.62 $3.27 $1.65 $2.08
29 $5.08 $6.36 $2.70 $3.39 $1.73 $2.14
30 $5.32 $6.63 $2.83 $3.53 $1.78 $2.20
31 $5.59 $6.98 $2.94 $3.68 $1.81 $2.28
32 $5.88 $7.37 $3.07 $3.84 $1.88 $2.34
33 $6.23 $7.80 $3.20 $4.00 $1.94 $2.43
34 $6.61 $8.26 $3.38 $4.22 $2.01 $2.53
35 $7.03 $8.76 $3.57 $4.44 $2.11 $2.64
36 $7.45 $9.34 $3.75 $4.72 $2.24 $2.79
37 $7.93 $9.91 $4.00 $5.01 $2.37 $2.95
38 $8.43 $10.54 $4.27 $5.33 $2.53 $3.17
39 $8.97 $11.21 $4.57 $5.71 $2.72 $3.40
40 $9.54 $11.90 $4.91 $6.13 $2.97 $3.70
41 $10.12 $12.65 $5.28 $6.58 $3.23 $4.04
42 $10.76 $13.44 $5.68 $7.10 $3.55 $4.43
43 $11.40 $14.25 $6.13 $7.66 $3.89 $4.87
44 $12.10 $15.13 $6.62 $8.30 $4.28 $5.36
45 $12.84 $16.04 $7.16 $8.95 $4.73 $5.92
46 $13.61 $17.01 $7.76 $9.70 $5.22 $6.53
47 $14.42 $18.03 $8.38 $10.49 $5.76 $7.20
48 $15.27 $19.10 $9.07 $11.34 $6.34 $7.93
49 $16.17 $20.21 $9.80 $12.26 $6.98 $8.72
50 $17.11 $21.40 $10.60 $13.24 $7.67 $9.60
51 $18.13 $22.66 $11.44 $14.30 $8.41 $10.51
52 $19.20 $24.00 $12.34 $15.43 $9.20 $11.50
53 $20.35 $25.44 $13.30 $16.62 $10.04 $12.55
54 $21.59 $26.98 $14.30 $17.88 $10.92 $13.65
55 $22.89 $28.62 $15.39 $19.22 $11.85 $14.82
56 $24.31 $30.38 $16.51 $20.63 $12.81 $16.02
57 $25.83 $32.28 $17.69 $22.12 $13.83 $17.28
58 $27.49 $34.36 $18.96 $23.69 $14.88 $18.59
59 $29.27 $36.59 $20.27 $25.34 $15.95 $19.93
60 $31.23 $39.04 $21.65 $27.08 $17.06 $21.31
61 $33.37 $41.72 $23.10 $28.88 $18.17 $22.71
62 $35.71 $44.66 $24.64 $30.80 $19.32 $24.15
63 $38.32 $47.88 $26.10 $32.64 $20.32 $25.40
64 $33.29 $41.61 $21.29 $26.60 $15.82 $19.78
65 $14.72 $18.39 $7.92 $9.90 $5.03 $6.28

Personal division IP cover: 5 year benefit Female only

If you are not considered an employer sponsored member, then you will be a personal member.

Example: If you are a non-smoking personal member, are a white collar female and your age next birthday is 52, the premium payable for an annual benefit of $55,000 payable for a 5 year benefit period with a 90 day waiting period would be $13.90 x 55 (per $1,000) of cover. In this example your insurance would cost $764.50 each year (or approximately $14.70 a week).

NOTES:

  • Annual premium per $1,000 sum insured, White Collar occupation category.
  • Occupation rating factor is to be applied to the applicable rate of premium. For example, if your occupation category is Standard Plus you need to multiply the rate of premium for Death & TPD set out below by 150% or 1.5.
  • Rates are inclusive of 8% stamp duty.

The maximum monthly benefit is broadly an amount equal to the lesser of:

  • 75% of annual salary or wages last agreed with the insurer (as earned in 1 calendar month), plus superannuation contributions of up to 10% of salary or
  • $30,000 per month
Occupation category Factor
Professional 80%
White collar 100%
Standard Plus 150%
Standard 220%
Basic 350%
Personal division IP cover: 5 year benefit Female only
Age Next Birthday 30 Days 60 Days 90 Days
Non-smoker Smoker Non-smoker Smoker Non-smoker Smoker
16 $6.04 $7.56 $2.94 $3.68 $1.89 $2.35
17 $6.04 $7.56 $2.94 $3.68 $1.89 $2.35
18 $6.04 $7.56 $2.94 $3.68 $1.89 $2.35
19 $6.04 $7.56 $2.94 $3.68 $1.89 $2.35
20 $6.04 $7.56 $2.94 $3.68 $1.89 $2.35
21 $5.87 $7.35 $2.85 $3.57 $1.80 $2.26
22 $5.98 $7.47 $2.89 $3.62 $1.84 $2.30
23 $6.07 $7.60 $2.94 $3.68 $1.85 $2.33
24 $6.18 $7.72 $2.99 $3.73 $1.90 $2.37
25 $6.28 $7.86 $3.04 $3.78 $1.93 $2.40
26 $6.38 $7.98 $3.08 $3.87 $1.95 $2.44
27 $6.58 $8.22 $3.23 $4.04 $2.09 $2.60
28 $6.86 $8.56 $3.38 $4.22 $2.18 $2.73
29 $7.16 $8.95 $3.53 $4.42 $2.29 $2.85
30 $7.53 $9.42 $3.69 $4.62 $2.37 $2.97
31 $7.97 $9.97 $3.87 $4.82 $2.45 $3.07
32 $8.46 $10.57 $4.05 $5.07 $2.54 $3.18
33 $9.01 $11.27 $4.27 $5.33 $2.65 $3.32
34 $9.61 $12.03 $4.50 $5.63 $2.78 $3.47
35 $10.27 $12.83 $4.78 $5.99 $2.92 $3.65
36 $10.97 $13.71 $5.09 $6.37 $3.09 $3.88
37 $11.74 $14.68 $5.46 $6.81 $3.32 $4.13
38 $12.56 $15.69 $5.84 $7.31 $3.57 $4.45
39 $13.43 $16.79 $6.31 $7.86 $3.87 $4.82
40 $14.35 $17.93 $6.79 $8.48 $4.22 $5.27
41 $15.33 $19.17 $7.35 $9.20 $4.63 $5.78
42 $16.37 $20.46 $7.97 $9.96 $5.09 $6.36
43 $17.49 $21.85 $8.66 $10.81 $5.62 $7.05
44 $18.65 $23.30 $9.41 $11.76 $6.23 $7.80
45 $19.88 $24.85 $10.24 $12.79 $6.91 $8.65
46 $21.17 $26.47 $11.14 $13.91 $7.66 $9.57
47 $22.56 $28.19 $12.11 $15.14 $8.50 $10.62
48 $24.01 $30.02 $13.18 $16.48 $9.41 $11.76
49 $25.56 $31.97 $14.34 $17.91 $10.42 $13.01
50 $27.22 $34.04 $15.57 $19.46 $11.50 $14.37
51 $28.97 $36.23 $16.89 $21.12 $12.65 $15.82
52 $30.85 $38.57 $18.32 $22.90 $13.90 $17.38
53 $32.86 $41.08 $19.86 $24.80 $15.24 $19.06
54 $35.01 $43.78 $21.47 $26.83 $16.66 $20.82
55 $37.35 $46.68 $23.19 $28.98 $18.16 $22.70
56 $39.86 $49.82 $25.01 $31.27 $19.72 $24.66
57 $42.56 $53.18 $26.95 $33.69 $21.36 $26.73
58 $45.49 $56.86 $28.98 $36.23 $23.09 $28.86
59 $48.68 $60.87 $31.15 $38.90 $24.85 $31.06
60 $52.19 $65.23 $33.34 $41.68 $26.59 $33.22
61 $52.32 $65.41 $32.82 $41.02 $25.89 $32.33
62 $48.25 $60.31 $29.78 $37.24 $23.22 $29.04
63 $42.03 $52.54 $25.29 $31.60 $19.37 $24.20
64 $31.87 $39.84 $18.29 $22.86 $13.54 $16.91
65 $13.98 $17.46 $6.74 $8.43 $4.25 $5.33

Personal division IP cover: to age 65 years benefit Female only

If you are not considered an employer sponsored member, then you will be a personal member.

Example: If you are a non-smoking personal member, are a white collar female and your age next birthday is 52, the premium payable for an annual benefit of $55,000 payable to age 65 year benefit period with a 90 day waiting period would be $26.04 x 55 (per $1,000) of cover. In this example your insurance would cost $1432.20 each year (or approximately $27.54 a week).

NOTES:

  • Annual premium per $1,000 sum insured, White Collar occupation category.
  • Occupation rating factor is to be applied to the applicable rate of premium. For example, if your occupation category is Standard Plus you need to multiply the rate of premium for Death & TPD set out below by 150% or 1.5.
  • Rates are inclusive of 8% stamp duty.

The maximum monthly benefit is broadly an amount equal to the lesser of:

  • 75% of annual salary or wages last agreed with the insurer (as earned in 1 calendar month), plus superannuation contributions of up to 10% of salary or
  • $30,000 per month
Occupation category Factor
Professional 80%
White collar 100%
Standard Plus 150%
Standard 220%
Basic 350%
Personal division IP cover: to age 65 years benefit Female only
Age Next Birthday 30 Days 60 Days 90 Days
Non-smoker Smoker Non-smoker Smoker Non-smoker Smoker
16 $10.61 $13.28 $6.19 $7.73 $4.24 $5.31
17 $10.61 $13.28 $6.19 $7.73 $4.24 $5.31
18 $10.61 $13.28 $6.19 $7.73 $4.24 $5.31
19 $10.61 $13.28 $6.19 $7.73 $4.24 $5.31
20 $10.61 $13.28 $6.19 $7.73 $4.24 $5.31
21 $10.22 $12.78 $5.93 $7.41 $4.05 $5.07
22 $10.57 $13.23 $6.13 $7.66 $4.19 $5.24
23 $10.95 $13.66 $6.33 $7.92 $4.32 $5.41
24 $11.30 $14.13 $6.53 $8.17 $4.45 $5.57
25 $11.65 $14.55 $6.74 $8.41 $4.58 $5.73
26 $12.03 $15.02 $6.93 $8.67 $4.73 $5.89
27 $12.55 $15.68 $7.37 $9.20 $5.08 $6.36
28 $13.18 $16.48 $7.78 $9.72 $5.41 $6.76
29 $13.91 $17.41 $8.18 $10.25 $5.68 $7.10
30 $14.77 $18.46 $8.62 $10.77 $5.93 $7.41
31 $15.72 $19.65 $9.07 $11.34 $6.18 $7.72
32 $16.74 $20.93 $9.54 $11.91 $6.41 $8.02
33 $17.87 $22.34 $10.06 $12.58 $6.68 $8.36
34 $19.10 $23.85 $10.62 $13.29 $7.00 $8.73
35 $20.38 $25.49 $11.25 $14.08 $7.35 $9.18
36 $21.76 $27.18 $11.96 $14.94 $7.77 $9.71
37 $23.19 $28.98 $12.73 $15.92 $8.26 $10.31
38 $24.69 $30.86 $13.60 $16.99 $8.85 $11.04
39 $26.25 $32.82 $14.53 $18.16 $9.51 $11.88
40 $27.85 $34.82 $15.57 $19.46 $10.27 $12.84
41 $29.49 $36.88 $16.69 $20.86 $11.15 $13.94
42 $31.18 $38.98 $17.91 $22.37 $12.13 $15.18
43 $32.87 $41.09 $19.21 $24.00 $13.23 $16.53
44 $34.59 $43.25 $20.58 $25.74 $14.42 $18.03
45 $36.30 $45.37 $22.05 $27.57 $15.72 $19.63
46 $38.00 $47.50 $23.58 $29.47 $17.07 $21.34
47 $39.68 $49.60 $25.15 $31.43 $18.51 $23.14
48 $41.32 $51.66 $26.75 $33.42 $20.01 $25.01
49 $42.92 $53.65 $28.36 $35.45 $21.54 $26.94
50 $44.46 $55.58 $29.96 $37.45 $23.07 $28.86
51 $45.92 $57.40 $31.52 $39.39 $24.60 $30.73
52 $47.29 $59.10 $33.01 $41.26 $26.04 $32.56
53 $48.53 $60.65 $34.40 $43.00 $27.42 $34.26
54 $49.63 $62.03 $35.65 $44.56 $28.66 $35.81
55 $50.55 $63.21 $36.73 $45.91 $29.72 $37.13
56 $51.28 $64.11 $37.57 $46.96 $30.55 $38.19
57 $51.68 $64.59 $38.07 $47.58 $31.06 $38.83
58 $51.61 $64.52 $38.10 $47.61 $31.16 $38.92
59 $50.94 $63.68 $37.58 $46.98 $30.70 $38.35
60 $49.54 $61.93 $36.34 $45.44 $29.61 $37.00
61 $47.18 $58.95 $34.25 $42.82 $27.73 $34.65
62 $43.50 $54.38 $31.07 $38.84 $24.89 $31.10
63 $37.89 $47.36 $26.35 $32.95 $20.75 $25.94
64 $28.73 $35.91 $19.03 $23.80 $14.50 $18.12
65 $12.60 $15.75 $6.98 $8.72 $4.57 $5.71

Personal division IP cover: 2 year benefit Male only

If you are not considered an employer sponsored member, then you will be a personal member.

Example: If you are a non-smoking personal member, are a white collar male and your age next birthday is 52, the premium payable for an annual benefit of $55,000 payable for a 2 year benefit period with a 90 day waiting period would be $5.82 x 55 (per $1,000) of cover. In this example your insurance would cost $320.10 each year (or approximately $6.15 a week).

NOTES:

  • Annual premium per $1,000 sum insured, White Collar occupation category.
  • Occupation rating factor is to be applied to the applicable rate of premium. For example, if your occupation category is Standard Plus you need to multiply the rate of premium for Death & TPD set out below by 150% or 1.5.
  • Rates are inclusive of 8% stamp duty.

The maximum monthly benefit is broadly an amount equal to the lesser of:

  • 75% of annual salary or wages last agreed with the insurer (as earned in 1 calendar month), plus superannuation contributions of up to 10% of salary or
  • $30,000 per month
Occupation category Factor
Professional 80%
White collar 100%
Standard Plus 150%
Standard 220%
Basic 350%
Personal division IP cover: 2 year benefit Male only
Age Next Birthday 30 Days 60 Days 90 Days
Non-smoker Smoker Non-smoker Smoker Non-smoker Smoker
16 $3.88 $4.84 $2.09 $2.62 $1.31 $1.64
17 $3.88 $4.84 $2.09 $2.62 $1.31 $1.64
18 $3.88 $4.84 $2.09 $2.62 $1.31 $1.64
19 $3.88 $4.84 $2.09 $2.62 $1.31 $1.64
20 $3.88 $4.84 $2.09 $2.62 $1.31 $1.64
21 $4.00 $5.01 $2.25 $2.80 $1.48 $1.84
22 $3.90 $4.87 $2.13 $2.67 $1.38 $1.74
23 $3.79 $4.76 $2.05 $2.55 $1.29 $1.61
24 $3.72 $4.65 $1.95 $2.45 $1.23 $1.53
25 $3.65 $4.57 $1.89 $2.37 $1.14 $1.45
26 $3.59 $4.49 $1.83 $2.29 $1.09 $1.38
27 $3.60 $4.49 $1.81 $2.28 $1.06 $1.34
28 $3.63 $4.54 $1.80 $2.26 $1.05 $1.30
29 $3.70 $4.63 $1.81 $2.28 $1.04 $1.30
30 $3.78 $4.74 $1.84 $2.31 $1.05 $1.30
31 $3.92 $4.91 $1.89 $2.37 $1.06 $1.31
32 $4.05 $5.08 $1.95 $2.44 $1.08 $1.35
33 $4.23 $5.29 $2.03 $2.54 $1.11 $1.40
34 $4.44 $5.54 $2.11 $2.64 $1.16 $1.45
35 $4.65 $5.83 $2.24 $2.79 $1.23 $1.53
36 $4.92 $6.13 $2.34 $2.92 $1.29 $1.60
37 $5.18 $6.49 $2.48 $3.12 $1.36 $1.73
38 $5.49 $6.86 $2.64 $3.30 $1.46 $1.83
39 $5.82 $7.27 $2.82 $3.52 $1.58 $1.95
40 $6.18 $7.70 $3.00 $3.75 $1.71 $2.13
41 $6.56 $8.18 $3.22 $4.03 $1.84 $2.31
42 $6.97 $8.71 $3.48 $4.34 $2.01 $2.53
43 $7.42 $9.27 $3.74 $4.68 $2.20 $2.78
44 $7.92 $9.90 $4.05 $5.07 $2.44 $3.05
45 $8.45 $10.56 $4.40 $5.49 $2.69 $3.38
46 $9.02 $11.29 $4.78 $5.98 $2.99 $3.74
47 $9.65 $12.06 $5.21 $6.52 $3.33 $4.15
48 $10.31 $12.90 $5.69 $7.11 $3.70 $4.64
49 $11.05 $13.83 $6.23 $7.78 $4.14 $5.18
50 $11.86 $14.85 $6.82 $8.52 $4.64 $5.79
51 $12.75 $15.94 $7.50 $9.37 $5.19 $6.49
52 $13.70 $17.14 $8.22 $10.29 $5.82 $7.27
53 $14.75 $18.44 $9.07 $11.32 $6.52 $8.15
54 $15.93 $19.90 $9.99 $12.46 $7.31 $9.15
55 $17.18 $21.49 $11.01 $13.76 $8.18 $10.25
56 $18.58 $23.22 $12.14 $15.19 $9.18 $11.49
57 $20.12 $25.15 $13.41 $16.78 $10.29 $12.85
58 $21.82 $27.28 $14.82 $18.51 $11.51 $14.39
59 $23.70 $29.63 $16.37 $20.47 $12.88 $16.08
60 $25.78 $32.23 $18.11 $22.62 $14.38 $17.96
61 $28.09 $35.13 $20.01 $25.01 $16.03 $20.03
62 $30.67 $38.33 $22.12 $27.65 $17.87 $22.34
63 $33.54 $41.89 $24.35 $30.45 $19.75 $24.69
64 $29.46 $36.83 $20.32 $25.41 $15.95 $19.93
65 $12.98 $16.22 $7.56 $9.44 $5.18 $6.49

Personal division IP cover: 5 year benefit Male only

If you are not considered an employer sponsored member, then you will be a personal member.

Example: If you are a non-smoking personal member, are a white collar male and your age next birthday is 52, the premium payable for an annual benefit of $55,000 payable for a 5 year benefit period with a 90 day waiting period would be $8.65 x 55 (per $1,000) of cover. In this example your insurance would cost $475.75 each year (or approximately $9.14 a week).

NOTES:

  • Annual premium per $1,000 sum insured, White Collar occupation category.
  • Occupation rating factor is to be applied to the applicable rate of premium. For example, if your occupation category is Standard Plus you need to multiply the rate of premium for Death & TPD set out below by 150% or 1.5.
  • Rates are inclusive of 8% stamp duty.

The maximum monthly benefit is broadly an amount equal to the lesser of:

  • 75% of annual salary or wages last agreed with the insurer (as earned in 1 calendar month), plus superannuation contributions of up to 10% of salary or
  • $30,000 per month
Occupation category Factor
Professional 80%
White collar 100%
Standard Plus 150%
Standard 220%
Basic 350%
Personal division IP cover: 5 year benefit Male only
Age Next Birthday 30 Days 60 Days 90 Days
Non-smoker Smoker Non-smoker Smoker Non-smoker Smoker
16 $5.27 $6.57 $2.59 $3.23 $1.66 $2.09
17 $5.27 $6.57 $2.59 $3.23 $1.66 $2.09
18 $5.27 $6.57 $2.59 $3.23 $1.66 $2.09
19 $5.27 $6.57 $2.59 $3.23 $1.66 $2.09
20 $5.27 $6.57 $2.59 $3.23 $1.66 $2.09
21 $5.24 $6.54 $2.68 $3.35 $1.80 $2.26
22 $5.14 $6.41 $2.57 $3.22 $1.71 $2.11
23 $5.03 $6.31 $2.48 $3.12 $1.60 $2.00
24 $4.97 $6.22 $2.40 $2.99 $1.53 $1.90
25 $4.92 $6.14 $2.33 $2.90 $1.45 $1.81
26 $4.87 $6.08 $2.28 $2.84 $1.39 $1.74
27 $4.92 $6.14 $2.28 $2.83 $1.36 $1.71
28 $4.99 $6.26 $2.28 $2.85 $1.35 $1.69
29 $5.13 $6.41 $2.31 $2.88 $1.35 $1.69
30 $5.29 $6.62 $2.37 $2.95 $1.36 $1.71
31 $5.51 $6.88 $2.44 $3.05 $1.39 $1.75
32 $5.74 $7.20 $2.53 $3.17 $1.43 $1.80
33 $6.04 $7.56 $2.64 $3.32 $1.49 $1.88
34 $6.37 $7.96 $2.79 $3.48 $1.56 $1.95
35 $6.73 $8.41 $2.94 $3.68 $1.64 $2.06
36 $7.13 $8.92 $3.13 $3.89 $1.75 $2.18
37 $7.58 $9.47 $3.33 $4.14 $1.88 $2.34
38 $8.08 $10.09 $3.55 $4.44 $2.01 $2.52
39 $8.60 $10.76 $3.79 $4.76 $2.16 $2.72
40 $9.18 $11.49 $4.10 $5.13 $2.37 $2.97
41 $9.81 $12.28 $4.43 $5.53 $2.60 $3.23
42 $10.50 $13.13 $4.79 $5.99 $2.85 $3.57
43 $11.24 $14.07 $5.19 $6.51 $3.14 $3.93
44 $12.05 $15.07 $5.67 $7.08 $3.48 $4.34
45 $12.93 $16.17 $6.18 $7.72 $3.87 $4.82
46 $13.89 $17.37 $6.76 $8.45 $4.30 $5.39
47 $14.93 $18.66 $7.41 $9.25 $4.82 $6.02
48 $16.08 $20.08 $8.13 $10.16 $5.41 $6.76
49 $17.32 $21.64 $8.93 $11.19 $6.06 $7.58
50 $18.67 $23.35 $9.87 $12.34 $6.81 $8.51
51 $20.17 $25.20 $10.87 $13.61 $7.67 $9.60
52 $21.80 $27.25 $12.04 $15.04 $8.65 $10.80
53 $23.60 $29.48 $13.31 $16.64 $9.74 $12.16
54 $25.56 $31.96 $14.74 $18.43 $10.96 $13.69
55 $27.74 $34.69 $16.34 $20.43 $12.34 $15.43
56 $30.14 $37.68 $18.12 $22.66 $13.88 $17.36
57 $32.80 $40.99 $20.11 $25.14 $15.60 $19.51
58 $35.73 $44.67 $22.32 $27.89 $17.54 $21.92
59 $38.98 $48.73 $24.76 $30.95 $19.68 $24.61
60 $42.58 $53.24 $27.43 $34.30 $22.00 $27.50
61 $43.71 $54.65 $28.13 $35.16 $22.55 $28.18
62 $41.36 $51.72 $26.65 $33.34 $21.39 $26.74
63 $36.84 $46.06 $23.58 $29.46 $18.82 $23.54
64 $28.22 $35.28 $17.46 $21.84 $13.65 $17.07
65 $12.34 $15.42 $6.42 $8.03 $4.39 $5.49

Personal division IP cover: to age 65 years benefit Male only

If you are not considered an employer sponsored member, then you will be a personal member.

Example: If you are a non-smoking personal member, are a white collar male and your age next birthday is 52, the premium payable for an annual benefit of $55,000 payable to age 65 year benefit period with a 90 day waiting period would be $15.77 x 55 (per $1,000) of cover. In this example your insurance would cost $867.35 each year (or approximately $16.67 a week).

NOTES:

  • Annual premium per $1,000 sum insured, White Collar occupation category.
  • Occupation rating factor is to be applied to the applicable rate of premium. For example, if your occupation category is Standard Plus you need to multiply the rate of premium for Death & TPD set out below by 150% or 1.5.
  • Rates are inclusive of 8% stamp duty.

The maximum monthly benefit is broadly an amount equal to the lesser of:

  • 75% of annual salary or wages last agreed with the insurer (as earned in 1 calendar month), plus superannuation contributions of up to 10% of salary or
  • $30,000 per month
Occupation category Factor
Professional 80%
White collar 100%
Standard Plus 150%
Standard 220%
Basic 350%
Personal division IP cover: to age 65 years benefit Male only
Age Next Birthday 30 Days 60 Days 90 Days
Non-smoker Smoker Non-smoker Smoker Non-smoker Smoker
16 $7.50 $9.37 $4.63 $5.78 $3.34 $4.15
17 $7.50 $9.37 $4.63 $5.78 $3.34 $4.15
18 $7.50 $9.37 $4.63 $5.78 $3.34 $4.15
19 $7.50 $9.37 $4.63 $5.78 $3.34 $4.15
20 $7.50 $9.37 $4.63 $5.78 $3.34 $4.15
21 $7.23 $9.02 $4.58 $5.73 $3.38 $4.23
22 $7.21 $9.02 $4.47 $5.59 $3.23 $4.04
23 $7.23 $9.02 $4.39 $5.48 $3.13 $3.90
24 $7.27 $9.07 $4.30 $5.39 $3.00 $3.77
25 $7.31 $9.15 $4.25 $5.32 $2.92 $3.67
26 $7.40 $9.23 $4.23 $5.29 $2.87 $3.58
27 $7.60 $9.47 $4.28 $5.34 $2.85 $3.58
28 $7.85 $9.80 $4.38 $5.47 $2.88 $3.59
29 $8.16 $10.21 $4.49 $5.62 $2.92 $3.65
30 $8.55 $10.67 $4.64 $5.81 $2.98 $3.73
31 $8.97 $11.21 $4.83 $6.04 $3.08 $3.85
32 $9.45 $11.83 $5.07 $6.33 $3.19 $4.00
33 $10.00 $12.50 $5.32 $6.66 $3.35 $4.19
34 $10.60 $13.25 $5.62 $7.03 $3.52 $4.40
35 $11.25 $14.07 $5.97 $7.45 $3.72 $4.65
36 $11.96 $14.95 $6.33 $7.92 $3.95 $4.96
37 $12.73 $15.92 $6.76 $8.45 $4.23 $5.29
38 $13.55 $16.92 $7.23 $9.02 $4.54 $5.68
39 $14.42 $18.03 $7.73 $9.66 $4.91 $6.11
40 $15.33 $19.17 $8.31 $10.36 $5.31 $6.62
41 $16.32 $20.41 $8.92 $11.15 $5.76 $7.21
42 $17.36 $21.70 $9.61 $12.01 $6.28 $7.85
43 $18.44 $23.06 $10.34 $12.94 $6.87 $8.58
44 $19.58 $24.48 $11.17 $13.96 $7.52 $9.40
45 $20.77 $25.97 $12.06 $15.07 $8.23 $10.30
46 $22.02 $27.53 $13.03 $16.28 $9.05 $11.32
47 $23.34 $29.14 $14.07 $17.58 $9.96 $12.44
48 $24.66 $30.83 $15.20 $18.98 $10.95 $13.68
49 $26.07 $32.58 $16.39 $20.51 $12.03 $15.03
50 $27.49 $34.37 $17.69 $22.11 $13.18 $16.48
51 $28.96 $36.20 $19.06 $23.83 $14.43 $18.06
52 $30.46 $38.07 $20.50 $25.60 $15.77 $19.71
53 $31.96 $39.96 $21.99 $27.48 $17.17 $21.47
54 $33.47 $41.84 $23.53 $29.41 $18.63 $23.30
55 $34.98 $43.73 $25.08 $31.36 $20.15 $25.18
56 $36.44 $45.55 $26.64 $33.31 $21.65 $27.07
57 $37.75 $47.19 $28.09 $35.13 $23.07 $28.86
58 $38.79 $48.46 $29.33 $36.68 $24.31 $30.40
59 $39.40 $49.25 $30.21 $37.77 $25.24 $31.55
60 $39.42 $49.28 $30.55 $38.19 $25.69 $32.10
61 $38.57 $48.23 $30.13 $37.64 $25.41 $31.77
62 $36.51 $45.64 $28.56 $35.69 $24.13 $30.14
63 $32.51 $40.64 $25.23 $31.53 $21.22 $26.53
64 $24.90 $31.11 $18.66 $23.34 $15.40 $19.23
65 $10.87 $13.60 $6.79 $8.50 $4.96 $6.19

We’re here to help

If you’re unsure of what to do, call us on 1300 134 337, Monday to Friday 9am-8pm (AEST) or email us at members@australianethical.com.au