Default cover - when you join LUCRF Super

When you join us you automatically receive^:

  • Up to 64 years of age – 1 unit of Light Blue Fixed Premium Death & TPD cover ($3.00 per week*)
  • Aged 65–69 years – 1 unit of Light Blue Fixed Premium Death & restricted TPD cover (TPD definition 2 must be satisfied to receive a TPD benefit if you're between 65-69) ($3.00 per week*).
  • Aged 70 and over – no insurance.

^Except if you join LUCRF Super without a contributing employer (as a Personal Plan member) or Pension member, or join under a tailored workplace agreement. Default cover is only available once per member; commencing subsequent LUCRF Super memberships will not entitle you to additional automatically accepted cover.

*Cost of insurance is deducted directly from your super account on a quarterly basis.

Insurance offer for new members

Within 90 days from the date of your Welcome Letter, you can increase your insurance up to our automatic acceptance levels by answering six questions. This means that you don’t have to provide any medical evidence to automatically receive:

  • 4 units of Death & TPD, or
  • 6 units of Death Only
  • $700 per week of Income Protection (two year benefit).

If you wish to change your insurance (outside the 90 day period), or upgrade to a higher level of cover at any time ($5 million for Death and $3 million for TPD), then you will need to complete a Member Insurance Election Form (Death & TPD) and/or a Member Income Protection Form (Income Protection). Insurance eligibility is at the discretion of the Insurer.

Automatic acceptance of cover is only available once per member; commencing subsequent LUCRF Super memberships will not entitle you to additional automatically accepted cover.

If you do not have a contributing employer (Personal Plan members)

If you join LUCRF Super without a contributing employer (you may be a spouse member) or self-employer, you are not allocated default insurance cover.

To apply for insurance, you need to complete two forms before any insurance cover is assessed by LUCRF Super’s Insurer.

The forms required are:

  1. Member Insurance Election Form, and/or
  2. Member Income Protection Form, and
  3. OnePath Personal Statement.

All applications for insurance cover for members without a contributing employer are subject to acceptance from our Insurer. The Insurer may ask you for additional information or a medical assessment to support your application. Call us on 1300 130 780 if you require any assistance. 

You will be notified in writing by the Fund if cover is accepted and the date from which it is effective. Insurance eligibility is at the discretion of the Insurer.

Pension members

If you have Death Only or Death and TPD insurance as part of your LUCRF Super account which is being closed, your insurance will automatically continue under your LUCRF Pension. Death Only insurance and Death and TPD insurance ceases at age 70.