GESB - Insurance

Insurance

GESB offers three types of insurance cover, with tailored coverage levels, available through your super account.

What you are covered for

As part of your super account, you automatically receive the following cover when your employer contributes to your super, provided you meet the eligibility criteria. For more information on eligibility refer to the insurance section in the relevant Product Information Booklet.

Insurance type (GESB Super and West State Super)	Insurance benefit
Death cover	Provides a one-off lump-sum payment in the event of your death.
Total and Permanent Disablement (TPD) cover	Provides a one-off lump sum payment paid to your super account, if you become totally and permanently disabled and cannot work due to that condition.
Salary Continuance Insurance cover	Provides a monthly income of up to 75% of your pre-disability income for up to two years if you become disabled due to sickness or injury. You may also be entitled to a superannuation contribution.

Gold State Super members under the age of 60 are automatically covered for death and disability at no extra cost. For more information, refer to the Gold State Super insurance fact sheet.

It's important that you check the automatic levels of cover you receive and review your level of cover as your circumstances change over time. Find out more

The advantages of insurance through your super

There are a number of advantages to having your insurance cover through your super account, including:

No requirement for a medical or personal history (provided you meet automatic acceptance conditions).
The flexibility to increase, decrease, fix the amount or opt-out of your cover at any time.
Competitive premium rates, which are typically lower than insurance purchased directly from an insurer.
Tax benefits for GESB Super, as your premiums are tax deductible to the fund and passed back to you as a rebate, while for West State Super, premiums reduce the tax payable on your final benefit, as insurance premiums are paid from pre-tax contributions and earnings.
The ability to pay premiums directly from your super account.
Cover for hazardous occupations such as police and prison officers.