Types
Death Benefit
You are covered for this benefit 24 hours a day, seven days a week, whether you are at work or not. In the event of your
death, the benefit payable is a lump sum, which consists of: the amount accumulated in your superannuation benefit account;
plus the amount of any insurance cover. Please refer to your annual Member Benefit Statement (or New Member Details Advice for
new members) to determine your level of insurance cover.
Payment of the Death Benefit
The Trustee may pay the Death Benefit to one or more of your dependants, or your estate (if there are no dependants). However,
the Trustee will exercise its discretion as to which of your dependants receive the benefit and in what proportions. The
Trustee is bound by law to undertake a careful examination of a member's personal situation in the event of a death claim to
ensure the rightful persons are paid any entitlement.
To assist the Trustee in making the decision, it is in your interest to complete the Nomination of Preferred Dependant(s)
section on your Membership
Details Update form. This form can also be
used to update your nomination at any time. It is always advisable to make a Will. However, it is important to understand that
the Death Benefit payable under the Fund may not necessarily be subject to the provisions of your Will as explained above.
Total and Permanent Disablement
Benefit
You are covered against Total and Permanent Disablement, 24 hours a day, seven days a week, whether you are at work or not. In
the event of being accepted for Total and Permanent Disablement, the benefit payable is a lump sum, which consists of the
amount accumulated in your superannuation benefit account, plus the amount of any insurance cover. Please refer to your annual
Member Benefit Statement (or New Member Details Advice for new members) to determine your level of insurance cover.
Definition of Total and Permanent Disablement
A member suffers Total and Permanent Disablement if they:
suffer the permanent loss of the use of two limbs, or the sight of both eyes, or the permanent loss of the use of one limb and
the sight of one eye;
or
are unable to do any work as a result of injury or illness for 6 consecutive months, and at the end of the 6 months they
continue to be so disabled, that they are in the opinion of the insurer unable to resume their previous occupation at any time
in the future, and will be unable at any time in the future to perform any Other Occupation.
and,
The Trustee and the Insurer are satisfied, after considering all relevant medical evidence, that they are never likely to
return to work in any job for which they are reasonably qualified by education training or experience.
If you claim under this benefit, medical reports will be required to assess whether you are eligible to receive a disablement
benefit.
Other Occupation means any occupation the member is qualified to perform by their education, training or experience at the time
the claim is assessed and includes:
Part-time occupations or; An occupation which may be perceived by the member to be of lower status than the member's previous
occupation or an occupation in which the member does not earn as much income as the member did in their previous
occupation.
Group Salary Continuance
Under this benefit members can be covered for accident or sickness 24 hours a day, seven days a week. Group Salary Continuance
provides an income benefit of a percentage of your salary after the eligible waiting period. The benefit is available to
members if the employer has chosen to include this benefit within the Sub-plan design. If this option has been exercised,
further details will be provided to members via their annual Member Benefit Statement or their New Member Details Advice.
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