AustralianSuper’s background

AustralianSuper is Australia’s largest super fund, with over 2.3 million members. AustralianSuper is so large that 1 in 10 Australians are members of the fund. 

AustralianSuper was established in 2006 through the merger of Australian Retirement Fund (ARF) and Superannuation Trust of Australia (STA). 

Unlike other industry funds, the fund does not have an affiliation to a particular industry or community sector meaning that its members come from all walks of life. 

In December 2021 Club Plus Super merged with AustralianSuper, followed by LUCRF in June 2022. 

AustralianSuper’s default insurance offerings

AustralianSuper is one of the few superannuation funds in Australia that offers default income protection (IP) insurance to its members. IP is a temporary replacement of your pre-injury or illness wage if you find yourself temporarily unable to work and are under the regular care and guidance of your treating doctor.  

AustralianSuper provides an income protection benefit that will pay a percentage of your pre-injury or illness wage for up to 2 years, after a 60-day waiting period. 

As for total and permanent disability (TPD), AustralianSuper provides a default level of TPD cover which changes in value and cost depending on your age. Depending on your age, you could be eligible for tens or hundreds of thousands of dollars in TPD insurance if you are unable to return to work within your education, training and experience. 

AustralianSuper is one of the few funds in Australia that has a suitable retraining clause as part of its TPD definition, meaning that you must also demonstrate that you’re an unsuitable candidate for reasonable retraining. 

The fund also offers default death (or life) insurance. You are also covered for terminal illness if your condition is likely to result in your death within 24 months. 

Can I make an AustralianSuper insurance claim?

Know your rights. AustralianSuper’s retraining provisions can make a TPD claim difficult, so it pays to get advice. 

If you are yet to make an insurance claim with AustralianSuper, or are unsure if you hold insurance with AustralianSuper you are entitled to legal representation and Littles can help you. 

If you have already lodged a claim and it has been rejected by a superannuation fund or insurer, you may be entitled to have the decision reviewed through an internal resolution procedure. 

If your complaint has been upheld, you may be able to litigate in a court or lodge a complaint with the Australian Financial Complaints Authority (AFCA). 

There are strict time limits to challenge an insurer’s decision, so it’s important you seek legal advice as soon as possible. 

What is the Littles difference?

Put simply, Littles are experts in superannuation and insurance law matters. 

Our insurance team has helped thousands of consumers claim their entitlements, and our Head of TPD and General Insurance has extensive industry knowledge and insight on how to maximise your prospects of success. 

We also speak your language, at sixteen languages and counting.  Forget paying for a translator or for a lawyer who doesn’t understand you and your cultural background. 

All our superannuation and insurance law matters are conducted on a no win, no fee basis, and we don’t charge you upfront for any disbursements necessary to prosecute your claim.  

If you would like superannuation and insurance law advice, reach out to Littles today by using our free Claim Checker. 

About the author

Littles’ Head of TPD and General Insurance, Rowan McDonald, is an expert in insurance and superannuation law.  Rowan is an experienced litigator and has prosecuted thousands of successful insurance claims for consumers. 

Having worked in the insurance industry for over fifteen years, Rowan has an extensive industry contact list and regularly presents to disability support groups, financial industry professionals and multicultural organisations. 

Rowan has also advised some of Australia’s top insurers, giving him unrivalled insight into the claim process from all perspectives.  Rowan takes a pragmatic and common-sense approach to the advice he provides his clients. 

For your free, personal consultation get in touch with Rowan today.  

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