The level of default (also known as Basic) cover for death and TPD you received automatically as a member of Gateway will be reduced on 1 July 2022, unless you opt in to keep it via the form below by 30 June 2022.

If you choose to opt in, your level of cover will move in line according to the old multiple of salary scale:

Multiple of your Salary for Insurance Purposes to 30 June 2022 (Old scale)
Your age at last 1 OctoberDeathTPD
16 - 2012
21 - 2524
26 - 3034
31 - 3555
36 - 4055
41 - 4555
46 - 5044
51 - 5533
56 - 6022
61 - 6411
65 - 691Nil from your 65th birthday1
From your 70th birthdayNil1Nil
Multiple of your Salary for Insurance Purposes from 1 July 2022 (New scale)
Your age last 1 OctoberDeathTPD
16 - 200.50.5
21 - 250.51.5
26 - 300.52
31 - 3522.5
36 - 4032
41 - 4532
46 - 502.51.5
51 - 552.51.5
56 - 601.50.5
61 - 640.50.5
65 - 690.5Nil from your 65th birthday1
From your 70th birthdayNil1Nil

1Basic cover for TPD ceases on your 65th birthday and Basic Cover for death ceases on your 70th birthday.

Opt in to keep your current level of default insurance cover

You can opt-in to keep your current level of default death and TPD insurance cover in Gateway.
  • This field is for validation purposes and should be left unchanged.

We're here to help

It’s important to regularly review your levels of cover. A Super Adviser can help you get started. You can book a one-on-one appointment as part of your membership, at no extra cost.