Unitised Death and TPD

Unitised cover means the cost of each unit of cover stays the same over time, however the amount of cover you get for each unit reduces as you get older. Death and TPD cover is provided as unitised cover by default, but you can choose to convert this to fixed cover at any time if you’re under age 61.

Unitised Death and TPD cover premiums

The combined premium for Death and TPD cover is lower than the sum of Death-only and TPD-only premiums. The premium rate will be calculated automatically when you have an equal level of Death and TPD cover, with any additional Death or TPD cover calculated at the Death-only or TPD-only rate as applicable.
Death only TPD only Death and TPD
Pricing per unit per week1 $1.23 $1.08 $2.08

1 Premiums shown include stamp duty and an administration fee of 6% of the insurance premium charged to cover the costs associated with administering the insurance arrangements. The administration fee is inclusive of GST and any tax credits that are applicable to the Trustee. Note: insurance premiums are not fixed and can be expected to change from time to time. Members will be given written notice of any changes.

Unitised Death and TPD cover benefits

The tables below show the amount of Death and TPD cover2 provided by one unit of cover, depending on your age.

Benefits for ages 14-54
Age Amount of cover ($)
14 - 34 232,000
35 222,000
36 211,000
37 196,000
38 181,000
39 164,000
40 149,000
41 134,000
42 120,000
43 105,000
44 94,000
45 85,000
46 77,000
47 68,000
48 62,000
49 55,000
50 49,000
51 45,000
52 40,000
53 36,000
54 32,000
Benefits for ages 55-75 and over
Age Amount of cover ($)
55 28,000
56 26,000
57 24,000
58 22,500
59 21,000
60 19,000
61 17,000
62 15,000
63 14,000
64 13,000
65 11,500
66 10,000
67 9,000
68 8,000
69 7,000
70 6,0003
71 5,0003
72 4,0003
73 3,2003
74 2,5003
75 and over 0

2 If Death-only cover is selected, the amount of insured benefit per unit of Death-only cover is the same as for Death and TPD in the table, however, there is no cover for TPD where Death-only cover is selected. Conversely, there is no Death cover when TPD-only is selected.
3 Death-only paid; no TPD benefit is payable. See Fixed Death and TPD premiums table below.

Fixed Death and TPD

Fixed Death and TPD premiums

Fixed cover is offered in multiples of $1,000. If you choose to convert to fixed cover, your benefit will be rounded up to the nearest $1,000.

Fixed Cover annual premium rates
Age Death only ($) TPD only ($) Death and TPD ($)
14 - 34 0.27 0.24 0.46
35  0.30 0.25   0.50
36 0.32 0.26 0.53
37 0.34 0.27 0.75
38 0.36 0.32 0.61
39 0.39 0.35 0.66
40 0.43 0.37  0.72
41 0.49 0.43 0.82
42 0.55 0.47 0.92
43 0.61 0.54 1.03
44 0.71 0.60 1.18
45 0.76 0.66 1.29
46 0.85 0.74 1.44
47 0.95 0.83 1.60
48 1.06 0.92 1.77
49 1.17 1.02 1.97
50 1.32 1.14 2.22
51 1.45 1.26 2.43
52 1.63 1.40 2.72
53 1.78 1.55 3.00
54 2.02 1.75 3.39
55 2.31 2.01 3.88
56 2.49  2.14 4.17
57 2.69 2.34 4.53
58 2.86 2.48 4.80
59 3.06 2.68 5.17
60 3.40 2.94 5.71
61 3.79 3.29 6.38
62 4.31 3.74 7.24
63 4.60 4.00 7.75
64 4.96 4.30 8.33
65 5.62 4.86 9.43
66 6.45 5.58 10.83
67 7.17 6.22 12.04
68 8.06 6.99 13.54
69 9.20 7.99 15.47
70 10.73 n/a5 10.735
71 12.88 n/a5 12.885
72 16.10 n/a5 16.105
73 20.13 n/a5 20.135
74 25.75 n/a5 25.755

4 Premiums shown include stamp duty and an administration fee of 6% of the insurance premium charged to cover the costs associated with administering the insurance arrangements. The administration fee is inclusive of GST and any tax credits that are applicable to the Trustee. Note, insurance premiums are not fixed and can be expected to change from time to time. We will notify you in writing of any changes to your insurance cover.
Death-only paid; no TPD benefit is payable.


Change your insurance cover
Consider if a new baby, recent marriage, changes in personal health or wealth means you need more, or less, cover. 

This page provides a snapshot of the types of insurance cover that may be available to UniSuper members. Before making any decisions, read the product disclosure statement relevant to your membership category and the Insurance in your super booklet (PDF, 1.9 MB).

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