Insurance code of practice

It is Prime Super’s intention to comply with the Voluntary Code of Practice for Insurance in Superannuation with some exceptions. These exceptions are considered to be in the best interests of our members. You can view our transition plan here.

Insurance is an important part of your super. It is a secure way of protecting you and your family against the financial strain that serious illness, injury or death can cause.

Imagine being unable to work for an extended period. Most of us would not drive our car without having insurance, and your life and livelihood are no different.

After all, your ability to earn a living is one of your biggest assets. How would you pay the household, medical and other bills? Similarly, if you were to become permanently disabled, or worse, die – how would your family pay the mortgage off, school fees and other ongoing expenses? Insurance is a safety net.

The benefits of insurance through super

According to the government's MoneySmart website, there are benefits in getting insurance through your super. These include:

  • It can be cheaper because super funds purchase insurance policies in bulk
  • You can get the cover you need for you and your family, even if money is tight
  • It's easy to manage because premiums are automatically deducted
  • Some funds automatically accept you for cover without requiring a health check
  • You can usually choose the amount you want to be covered for

In this section you can read about the insurance options available to you as a Prime Super member and what you get when you join Prime Super. 


Protect the things that matter most

Insurance is one of the key features of your super account. Make sure you have the right cover.


Want to know more?

Talk to the Prime Super team - call 1800 675 839

Talk to the Prime Super team