max Super offers some great value insurance options that can provide you and your family with financial assistance in the event of the unexpected.
Insurance is optional... but something you should consider carefully. max Super has negotiated some great rates on cover with AIG Life , that can provide financial assistance in the event of death, terminal illness, total and permanent disablement (TPD) or temporary disablement. These are as follows:
| Type of Cover | Eligibility | Maximum Cover |
|---|---|---|
| Death | Members up to 65 years | $5,000,000 |
| Death and TPD | Members up to 65 years | Death - $5,000,000 TPD - $2,000,000 to age 60 |
| Income Protection | Members up to 65 years working full time or part time at least 15 hours per week | 75% of pre-disability income limited to $20,000 per month |
Death Cover
Dying made easier (for everyone but you). Death Cover pays out a lump sum to your account, which you can direct to your loved ones in the event of your death. This money can be used to help pay off any outstanding debts and provide them with some income for the future.
Death and Total & Permanent Disablement (TPD) Cover
It's not all bad... Like Death Cover, this policy pays out a lump sum to your account which you can direct to your loved ones in the event of your death or if you are diagnosed with an illness that will cause your death within 12 months. However, in addition, it can also result in a payment to you if you suffer an illness or injury that causes you to become totally and permanently disabled and are no longer able to work.
Income Protection Cover
Keep the cheques comin'! Income protection is designed to replace your income, for a period of up to two years, if you become unable to work due to an illness or injury.
Please see the PDS for more insurance information & rate tables.
Apply for Insurance using max's Insurance Application Form.
