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Telstra Super enhances insurance again
Telstra Super has announced yet another round of insurance enhancements as it aims to position itself among the best in the industry.
This will be the seventh enhancement the fund has negotiated with its group insurer, Tower, this financial year, and will complete the fund’s 12-month implementation of insurance improvements.
Among the improvements are a reduction in income protection premiums of up to 40 per cent for eligible Telstra Super Corporate Plus members, while base death and total and permanent disability (TPD) premiums have been reduced by up to 25 per cent.
Some Sensis Super Plus members will also enjoy a reduction of up to 40 per cent on base death and TPD premiums, as well as income protection premiums.
The levels of overall automatic income protection, terminal illness, base death and TPD cover have also increased substantially for the majority of members.
Telstra Super chief executive Martin Crowe said the latest enhancements positioned Telstra Super’s insurance offering among the best in the industry.
AUTHOR
Ashleigh McIntyre
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