A number of changes to how your insurance within super works are either underway or about to come into effect. It's important that you understand these changes and how they could affect your insurance. Please take a few minutes to read the information below so you know if there's any action you need to take.
Protecting Your Super
As part of the Protecting Your Superannuation legislation, effective 1 July 2019, significant changes have been implemented for insurance provided through superannuation.
One of these changes is that trustees are now generally required to stop providing insurance cover through super to any member who has not opted in to insurance cover and whose account has been inactive for 16 months or more.Find out more
Changes to the cost of your cover
We regularly review our insurance, including what we offer, the claims that have been made and the insurance benefits paid.
Following our recent review and taking into consideration recent legislative changes, we are changing the cost of our insurance from 1 April 2020. Find out more about the changes here.
For more information, please see the Questions and Answers below.
Insurance in super
Wondering what you need to know about your insurance? Read our new insurance flyer.Download
Financial advice and support
NGS provide ongoing support, financial education and tailored advice from a team of qualified professionals.Find out more
Our full Insurance guide
For full details on how our insurance works and the options available to you, read our Insurance guide.Download
Learn with NGS MoneyCoach
You might think super is tricky to understand but it doesn't have to be.Learn more
Just thinking about insurance contracts and disclosure statements can make your eyes glaze over but it pays to be 'in the know'.Learn more