Income Protection premiums

With Income Protection, the cost increases over time, but the level of cover stays the same. You can apply to increase your income protection without providing additional medical evidence with Salary increase cover. Find out more in the Life Events and Salary Increase cover fact sheet (PDF, 235 KB).

Income protection cover is unitised and provided in multiples of $433 per month (or $100 per week). The following tables show the cost of Income Protection cover for all of the waiting periods and benefit periods.

90-day waiting period

Annual premium1($) per unit of Income Protection cover of $433 per month (or $100 per week)
Age 2-year benefit period  5-year benefit period  To age 65 benefit period
14 - 38 5.56 18.77  85.75
39 - 43 9.19 31.04 141.91
44 - 47 14.11 47.65 217.80
48 - 50 19.77 66.78 305.18
 51 - 53 22.81 77.07 352.26
 54 - 56 31.86 107.61 491.76
 57 -59 34.35 116.04 530.32
60 - 62 42.25  119.30  119.30
 63 33.57 33.57 33.57
 64 11.19 11.19 11.19

Income Protection premiums

With Income Protection, the cost increases over time, but the level of cover stays the same. You can apply to increase your income protection without providing additional medical evidence with Salary increase cover. Find out more in the Life Events and Salary Increase cover fact sheet (PDF, 235 KB).

Income protection cover is unitised and provided in multiples of $433 per month (or $100 per week). The following tables show the cost of Income Protection cover for all of the waiting periods and benefit periods.

60-day waiting period

Annual premium1 ($) per unit of Income Protection cover of $433 per month (or $100 per week)
Age 2-year benefit period  5-year benefit period  To age 65 benefit period
14 - 38 7.55 23.83 109.23
39 - 43 12.49 39.42 180.72
44 - 47 19.15 60.53 277.47
48 - 50 26.83 84.81 388.83
51 - 53 30.97 97.90 448.74
54 - 56 43.24 136.67 626.51
57 - 59 46.62 147.37 675.61
60 - 62 50.45 145.54 145.54
63 41.62 41.62 41.62
64 13.89 13.89 13.89

30-day waiting period

Annual premium1 ($) per unit of Income Protection cover of $433 per month (or $100 per week)
Age 2-year benefit period  5-year benefit period  To age 65 benefit period
14 - 38 10.82 34.14 156.96
39 - 43 17.88 56.51 259.84
44 - 47 27.46 86.74 398.82
48 - 50 38.48 121.53 558.82
51 - 53 44.42 140.29 645.00
54 - 56 62.01 195.87 900.84
57 -59 66.87 211.20 971.03
60 - 62 68.11 198.03 198.03
63 58.41 58.41 58.41
64 19.48 19.48 19.48

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. Please 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.


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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