Insurance cover for your employees
NGS Super offers flexible and affordable insurance cover.
Default Cover is provided to your employees when they become an eligible member1 and after the next employer contribution.2 The insurance category applicable to your employees is based on your business and will be either NGS Plus or NGS General.
Your employees can request to increase their insurance cover within 120 days of commencement of their Default Cover with limited health questions.
Please refer to the Product Disclosure Statement (PDS) and Insurance guide for more information.
1 Your employee can become an eligible member in the following ways:
- by opting in to receive Default Cover and successfully completing the Insurance — New member options form within 120 days of their welcome letter. They will need to opt in for cover if they:
- are under age 25 or
- have an account balance less than $6,000 or
- automatically, if they are:
- at least age 25 and
- have an account balance greater than $6,000.
2 This is a defined term. Please see our Insurance guide for more information.