Special insurance offer for new members
This offer is available for 60 days from the date on your legalsuper welcome letter.
New legalsuper members in the Employer-sponsored division can increase their default insurance cover (Death and Total and Permanent Disability (TPD) by up to four units (depending on their age) and/or apply for Salary Continuance (SC) cover of up to $6,000 per month for a two-year benefit period. Salary Continuance cover provides a monthly benefit if you're unable to work due to illness or injury.
The special insurance offer allows members to assess the adequacy of their insurance coverage and increase that coverage with a limited underwriting process.
Read our Product Disclosure Statement and Employer-Sponsored Super & Personal Super Additional Information documents for full terms and conditions.
To apply for this offer, please complete and return the Special Offer form below. Once we receive your form, we will review your eligibility and process your application. If you have any questions or need assistance, our team is here to help here.
When things change in life
Employer-sponsored members can obtain additional insurance to ensure they have the right level of coverage when a life-changing event occurs.
Life Events include:
- Marriage or involvement in an interdependent relationship for two years or more
- Birth or adoption of a child
- Your child starting secondary school
- Taking out a mortgage of more than $100,000 on your principal place of residence or increasing your mortgage by more than $100,000 (excludes redrawing and refinancing)
Life Events Cover allows you to apply for an additional one unit of Death only or Death and TPD cover without providing full medical evidence if you experience a Life Event. If you hold Fixed Cover, you can increase your existing Death only or Death and TPD coverage by 25% of your existing Fixed Cover, up to a maximum increase of $200,000.
This offer is available to members up to 54 years of age (inclusive) within 180 days of the Life Event. To qualify for this increase in coverage, you must complete and sign the 'Life Events Application Form,' including the Eligibility Conditions, Screening Questions, and provide the required documentation for the Life Event. This might include a marriage certificate, birth certificate, or other relevant documents.
Your application is subject to acceptance by the insurer, Zurich Australia Limited.
You may apply for an increase in coverage for only one Life Event in any 12 month period, with a maximum of three Life Events during your membership with legalsuper
Adjusting cover for significant Work Events
Like Life Events Cover, Work Events Cover supports you should a specific work event change your circumstances. From gaining a practicing certificate to admission to the bar and more, these events can provide you the flexibility to increase your Salary Continuance cover to protect your lifestyle.
Work Events include:
- Completing your practical legal training and gaining a practising certificate
- Admission to the Bar
- Appointment as a Senior Associate, Principal, Practice Manager, or equivalent
- Appointment as a Partner
- Appointment as King's Counsel or Senior Counsel
Eligibility for Work Event Cover
If you are an eligible member or insured member, you may apply for, or increase your Salary Continuance cover once every 12 months if a Work Event occurs.
The essential conditions are:
- You must be under 55 years old when applying
- You can apply for only one Work Event per year, with a maximum of three during your legalsuper membership
- You can apply for each Work Event only once during your legalsuper membership
- The insurer must have accepted all previous Work Events or Life Events Cover applications made by you
- The application must be completed to the insurer's satisfaction and submitted within 180 days of the Work Event
- You must not have received or be entitled to receive a total and permanent disablement benefit
- You must not have received or be entitled to any form of sickness, accident, or disability benefits from any source
- Proof of the relevant Work Event must be provided
The insurer may decline your application. If accepted, the Salary continuance cover increase will be subject to the same terms and conditions as your current cover (where you hold Salary Continuance Cover).
For members without existing cover:
- You can apply for up to $5,000 per month provided you don’t exceed 86.5%fof your monthly salary
- If you are covered for the full 86.5%, 75% is paid as a Disability benefit, and 11.5%
- Choose a Waiting Period of 30, 60, or 90 days and a Benefit Period of 2 or 5 years
- The new cover will commence from the date the insurer accepts the application
For members with existing cover:
- Increase your Salary continuance cover by up to 10%, provided you don’t exceed 86.5% of your monthly salary or $10,000 per month
The increased cover will commence from the date the insurer accepts the application.
Further information about Life and Work Events cover and eligibility
Download our Product Disclosure Statement and Employer-Sponsored Super & Personal Super Additional Information documents for detailed information on coverage and eligibility.
Disclaimer
The information on this page is of a general nature and needs to take into account your objectives, financial situation or needs. Before deciding if legalsuper suits you, please read the Product Disclosure Statement (PDS) and Target Market Determination (TMD). We encourage you to obtain personal advice from a licensed financial adviser before deciding based on this website. legalsuper handles information through its Privacy Policy. The relevant PDS, TMD, and Privacy Policy are available on this website. Past performance is not a guide to future performance. Legal Super Pty Ltd ABN 37 004 455 789 AFSL 246315 as the Trustee for legalsuper ABN 60 346 078 879.© Copyright 2024 Legal Super Pty Ltd. All rights reserved.