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Transfer of insurance cover form For Super members You may be eligible to transfer any existing Death or Death and Total & Permanent Disablement (TED) or Income Protection insurance cover you have
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How to fill out transferring insurance between super

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How to fill out transferring insurance between super

01
To fill out transferring insurance between super, follow these steps:
02
Contact your current superannuation fund and request a Transfer of Insurance form.
03
Fill out the form with your personal details, including your name, address, and date of birth.
04
Provide information about your current insurance policy, such as the policy number and coverage details.
05
Specify the superannuation fund you wish to transfer the insurance to.
06
Submit the completed form to your current superannuation fund.
07
Wait for confirmation from both superannuation funds regarding the transfer of insurance.
08
Review the terms and conditions of the transferred insurance policy in your new superannuation fund.
09
Make any necessary changes or updates to your insurance coverage as needed.

Who needs transferring insurance between super?

01
Transferring insurance between super is beneficial for individuals who are looking to switch superannuation funds but want to maintain their existing insurance coverage.
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It is also beneficial for those who want to consolidate their superannuation and insurance policies under one fund.
03
People who have experienced changes in employment or have found a superannuation fund with better insurance options may also need to transfer their insurance between super.
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Transferring insurance between super refers to the process of moving life insurance, total and permanent disability insurance, or income protection insurance from one superannuation fund to another.
Members of superannuation funds who wish to transfer their insurance coverage to a different super fund are required to file for the transfer.
To fill out the transferring insurance forms, a member needs to provide personal details, details of the existing insurance policy, and information for the new super fund, and then submit the completed form to the new fund.
The purpose of transferring insurance between super is to consolidate insurance policies, potentially reduce costs, and ensure that insurance coverage aligns with a member's current financial and personal situation.
The information that must be reported includes personal identification details, existing policy details, any conditions or exclusions of existing policies, and the information about the new super fund.
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