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LifePLUS cover - Transfer of cover form lifePLUS cover - Transfer of cover form

LifePLUS cover - Transfer of cover form lifePLUS cover - Transfer of cover form 2025

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The document outlines the process for transferring insurance cover, including Death, Total and Permanent Disablement (TPD), and Income Protection cover, into the PSSap superannuation fund. It specifies eligibility criteria, the importance of not canceling existing cover until transfer confirmation is received, and the legal duty to provide accurate information during the application process. Additionally, it details the necessary steps for application submission and provides contact information for assistance.

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Does PSSap have life insurance?

There are two types of lifePLUS cover available to Eligible PSSap MemberslifePLUS auto and lifePLUS choiceand both include: Income Protection cover, supporting you financially if you cant work. Total and Permanent Disablement (TPD) cover, covering you if youre sick or injured and cant return to work.

What are the options for PSSap?

PSSap offers four investment options: MySuper Balanced, Cash, Income Focused and Aggressive.

What is the waiting period for PSSap income protection?

The PSSap income protection payments are generally available for two or five years after you first stop working continuously due to a disability (injury or illness). There is generally a 60 waiting period before you become eligible for a payment.

What is the PSSap death benefit?

A Death Benefit is an amount payable following the death of a PSSap/CSCri member. The benefit comprises of the members account balance, and any insurance cover payable (exclusions or limited cover may apply) at the time of their death.

What is the minimum balance for PSSap?

The amount you transfer is up to you, but if you wish to remain a PSSap member you must leave a $6000 minimum balance in your PSSap super account.

LifePLUS cover - Transfer of cover form lifePLUS cover - Transfer of cover form 2025

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