The Government has made changes to default insurance arrangements designed to ensure that members’ super balance is not unnecessarily eroded. 

The changes are:

- From 1 July 2019, super funds cannot provide insurance cover if there has not been a contribution or rollover to super accounts for 16 months or more, unless members have made an election; and
- From 1 April 2020 super funds will not be able to provide insurance:

  • to members with account balances that have not reached $6,000 
  • to members that join a Fund on or after 1 April 2020, until they have reached the age of 25, and have an account balance of at least $6,000, unless members have made an election

Please note in addition to the insurance rules above, cover is still subject to the terms and conditions of the policies see Insurance Factsheet for further details.

Comprehensive information about changes to insurance, including details about opting-out and reinstatement of cover is available at

Everyone's needs and circumstances are different, it is recommended that you review your insurance arrangement to meet your personal needs. 

If you have any questions or concerns, contact us on 1300 658 776 for further information.
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