You can update your insurance at any time to:
If within 60 days of the date of your insurance welcome letter, you:
you'll be covered for any existing illnesses you have at the time you make these changes and won't be charged more if you smoke.
Apply to double your Basic Death and Terminal Illness and Total and Permanent Disablement insurance within 60 days of the date on your insurance welcome letter.To apply, simply complete the relevant Double your Basic Insurance Cover form below. Be mindful that if you increase your insurance, your insurance premiums will also increase.
You can apply to increase your Death and Terminal Illness (DTI) and Total and Permanent Disablement (TPD) insurance by up to $100,000 within 180 days of a significant life event. This extra insurance will be added to your account as voluntary DTI and TPD insurance. Be mindful that if you increase your insurance, your insurance premiums will also increase.You can apply to do this up to three times over the course of your cover, but only once within a 12 month period, if you:
Have insurance with another super fund or life insurer? You can apply to transfer your existing Death, Terminal Illness or Total and Permanent Disablement and Income Protection (IP) insurance you have without a full medical and lifestyle check. Conditions apply.
You can apply to transfer insurance cover held outside of Mine Super through your online account. Simply log in to your account using our email or member number and password, and select the Manage my insurance menu item. Alternatively, you can complete and submit a form.
Please note: if you’re between 60 and 65 years of age and would like to transfer IP from another super fund to your Mine Super account you’ll need to submit a form or call us on 13 64 63.
You can convert all your Basic Insurance Cover or a lesser amount at any time throughout your cover. You may want to do this when you get older and your cover is starting to decrease, and you’d like to maintain the level of cover you currently have.Use this form to convert your Basic Death and Terminal Illness and Total and Permanent Disablement insurance insurance to Voluntary Insurance Cover.
You can cancel your insurance at any time. Here’s some important things to remember if you are thinking about cancelling your insurance:
You can opt-in to add insurance cover before you’re eligible for Basic Insurance Cover or to keep your current insurance cover. This will allow you to keep your cover if your account becomes, or is already, inactive (that is, a contribution hasn’t been credited to your account for 16 months or more).
There might be times in the future when your insurance is cancelled or changed in line with the normal terms and conditions of our insurance, for example you reach the maximum age to have our insurance. If there are any material changes to your insurance, we’ll let you know in writing at least 30 days before the changes take effect. You can find out more by reading the Product Disclosure Statement and Insurance Guide. Importantly one of the best ways to keep your insurance is to make regular contributions to your account. The best way to do this is to have your employer contribute the compulsory super they pay for you to your Mine Super account.
*If you’ve chosen to opt-in for insurance, you won’t be eligible for a refund of premiums if you cancel your cover as you’ve elected to have this insurance on your account.