Insurance explained

ACSRF income protection insurance, called Temporary Salary Continuance or TSC, ensures that if you are temporarily unable to work through illness or injury you can still receive 85% of your salary, where 75/85ths of the benefit is paid to you and 10/85ths of the benefit is paid into your ACSRF superannuation account. ACSRF offers income protection with 30, 60 and 90 day waiting periods and 2-year, 5-year and up to age 65 benefit periods

Should your illness or injury be of a permanent nature, your ACSRF Total and Permanent Disablement (TPD) cover, will provide a lump sum payout to help you and your family plan for a future where normal workloads are probably not possible and adjustments need to be made. Death insurance is also a lump sum payout, which helps your family to better cope financially in your absence.

The premiums for this protection will be deducted tax-effectively direct from your super fund account.

For more detailed information regarding insurances available with ACSRF, please refer to the Fund's Product Disclosure Statement and the Your insurance options fact sheet, or contact your local ACSRF office.

All insurance cover provided by the Fund to members is subject to the terms and conditions of ACSRF’s insurance policies.