How does life and TPD insurance work?


Superhero Team

May 26th 2021 3 minute read

Life (Death) cover insurance provides financial support for your family and other dependants if you die or you’re diagnosed with a terminal illness. TPD insurance provides financial support to you if you suffer a total and permanent disability. TPD insurance can be taken as a stand-alone policy or as an extension to life cover. Only “any occupation” life and TPD cover is provided via super. Cover ends at age 70.

Provided you meet the eligibility conditions for cover, when you join Superhero Super you can choose to receive default death and total and permanent disablement cover without any medical underwriting. Your default cover will be for New Events only (see below) for the first 24 months. If you are not At Work continuously for 60 consecutive days at the end of the 24-month period then New Events cover will continue until you have been At Work for 60 consecutive days. The amount of default cover provided will depend on your age.

For more information please refer to our Insurance Guide.