Income protection

If you believe your current IP cover is not enough protection for your circumstances, you can apply to increase it. If you are not eligible for default insurance cover, you can also apply for IP cover. You can also apply to reduce your waiting period or increase your benefit payment period. Approval of your application will be subject to a completed health questionnaire. In most cases, the higher your insurance cover, the higher your premiums – if you’re not sure you have the right amount, consider getting advice.

If you’re a new NGS Super member, you’ll have 120 days from the date your Default Cover commences to apply for a cover increase without having to complete a full health questionnaire. To apply for this option, please complete our Insurance New member options form.

All other NGS members can apply to increase cover through Member Online or by completing the form below.

You can apply to increase your cover (without completing a health questionnaire) following a Life Event. A Life Event is the occurrence of any of the following:

• marriage
• your child’s first day at primary or secondary school
• the birth or adoption of a child
• first becoming eligible for Centrelink carer’s allowance
• divorce/separation from your de facto partner
• an increase in your salary
• taking out a mortgage for the initial payment of your first home
• a milestone birthday (30, 40 or 50)
• the death of your spouse/de facto partner
• 10 years of continuous membership in NGS Super.

Increasing your cover after a Life Event is subject to restrictions and eligibility. Our Insurance Guide outlines all details.

You can apply to increase your cover following a Life Event through Member Online or by completing the form below.

Switching to fixed cover means your cover will no longer change as you age — instead, if your application is accepted, your sum insured will remain the same over time unless you apply to change it in the future. It’s important to note, if you wish to increase your cover later, you’ll need to complete a health questionnaire. Changing to fixed cover will also increase your premium costs over time. You should read our Insurance Guide for fixed cover premium details before making any changes.

You can apply for fixed cover through Member Online or by completing the form below.

If you are an eligible NGS member, you will automatically be placed into one of two insurance categories: NGS General or NGS Plus. Your category will depend on your employer’s insurance category in NGS Super when you first join the Fund (detailed in your welcome letter). NGS Plus and NGS General members can apply to join NGS Select (which offers lower premium rates). Full details can be found in our Insurance Guide.

You can apply to change your insurance category through Member Online or by completing the form below.

You can apply to reduce or cancel your insurance cover at any time. It’s important to note, if you want to increase or reapply for insurance in the future, you’ll need to complete a full health questionnaire.

You can apply to reduce or cancel your cover:

• through Member Online via the insurance section or
• by emailing or posting us a completed Insurance — Reduction or cancellation form.

You can also cancel your cover over the phone by calling us on 1300 133 177.