Simply put, most Australians don’t have adequate life insurance or income protection. With max’s great value rates employers can help employees and their families get covered.

Who is max’s insurer?

max Super’s insurance is offered through AIA Australia, one of the top insurers in Australia and the Australian subsidiary of one of the world’s leading international insurance and financial services organisations.

Types of cover available

max Super provides the following types of insurance cover at some very competitive rates.

  • Death Cover
  • Death and Total & Permanent Disablement (TPD) Cover


Some benefits of insurance cover with max Super for business

  • Competitive premium rates
  • Flexibility for employees to apply to vary their insurance cover at any time
  • Continuation cover available (subject to certain restrictions)


How to set up insurance

There are two ways to set up insurance for your employees.

Smart cover (default cover) max Super has designed a new approach to default insurance cover for employees. Unlike default insurance cover typically offered within super, max’s Smart cover aims to provide a level of cover that’s more appropriate to the typical life stage of average Australians, based on their age. max Super’s Smart cover provides fixed amounts of Death & TPD cover across several age bands, and is provided to max Super members who meet the basic eligibility subject to insurer assessment. Businesses joining max with less than five eligible employees will need each employee to provide some basic info for assessment by the insurer, before Smart cover can be provided. For more info, see the insurance section of the PDS.

Tailored cover (flexible insurance design) Employers can choose to customise the type and amount of insurance cover to suit the needs of their employees with max’s Tailored cover. Employers can elect to provide their employees with any one of:

  • Death Cover Only
  • Death & TPD Cover
  • Death Cover with Income Protection
  • Death & TPD Cover with Income Protection
  • Smart cover with Income Protection

The amount of cover can be set at a fixed amount or individually based on a formula using multiples of salary. Give one of our max Team a call to find out more about Tailored insurance.

MySuper cover MaxSuper’s MySuper members automatically receive a level of death and total & permanent disablement (TPD) insurance in accordance with the PDS. Employees can opt-out of the MySuper insurance cover by either contacting the Fund Administrator on 1300 629 787 or by emailing

Transferring cover from another insurer

If your current superannuation plan includes group insurance cover, we may be able to transfer existing employee cover with little or no further underwriting evidence (medical info) from your employees, subject to meeting certain requirements. Talk to our max Team if you’d like to explore this option.