We are pleased to announce that AIA Australia (AIA) has been appointed as the Fund’s group life insurer from 1 January 2021. As a result there are a number of significant changes to the insurance benefit design that may impact your insurance cover.

The changes are included in the Significant Event Notice. In addition to the information in the Significant Event Notice please note the following:

  • Examples of how the changes impact Death and Total and Permanent Disablement unitised cover for members aged under 25.
  • Special conditions for making a claim if you were not at work on 31 December 2020.
 

 

We also suggest you consider the Fund’s Target Market Determination for Superannuation (TMD) to help you understand the class of consumer the product is generally designed for. Access to the TMD is available on the Forms and Downloads section of our website.