Premium rates for insurance cover from 1 August 2020

Home Your Money Insurance Premium rates for insurance cover from 1 August 2020

Insurance premiums will increase for most types of insurance cover from 1 August 2020.

A range of factors mean that our insurer considers it is more likely that members will make insurance claims for some types of cover. The COVID-19 pandemic, the slow down in the Australian economy, and the temporary stand down of many Australian workers, for example, mean more members are likely to make an insurance claim. Insurers around the world have increased insurance premiums to cover the higher risk of claims being made.

Nobody likes price increases, and combined with the additional challenges our members are facing at this time, we understand this news will be disappointing. Please know that we have negotiated tirelessly on your behalf to keep premium increases as low as possible while ensuring you have the same level of protection. You also have control over the level of insurance you have and can change or cancel your insurance cover at any time.

You can find the premium rates applicable to your division below.

Premium rates for Basic Cover from 1 August 2020

Death and total and permanent disablement (TPD) cover

The new annual premium rates are listed below. You pay a premium rate, based on your age, for every $1,000 of Basic Cover you have. Premiums are deducted from your super account each month.

For members in Gateway

Annual premium per $1,000 of cover from 1 August 2020

Your age last 1 October	Death	TPD	Death and TPD
Up to 30	$0.36	$0.26	$0.62
31-45	$0.44	$1.05	$1.49
46-50	$0.91	$3.24	$4.15
51-55	$1.65	$5.89	$7.54
56-60	$2.92	$10.46	$13.38
61-64	$4.77	$17.03	$21.80
65-69	$6.32	Cover not available	Cover not available

Up to 30
Death$0.36
TPD$0.26
Death and TPD$0.62
31-45
Death$0.44
TPD$1.05
Death and TPD$1.49
46-50
Death$0.91
TPD$3.24
Death and TPD$4.15
51-55
Death$1.65
TPD$5.89
Death and TPD$7.54
56-60
Death$2.92
TPD$10.46
Death and TPD$13.38
61-64
Death$4.77
TPD$17.03
Death and TPD$21.80
65-69
Death$6.32
TPDCover not available
Death and TPDCover not available

For members in Divisions 5, 6, 7 and 10

Annual premium per $1,000 of cover from 1 August 2020

Your age last 1 July	Death	TPD
Up to 30	$0.36	$0.26
31-45	$0.44	$1.05
46-50	$0.91	$3.24
51-55	$1.65	$5.89
56-60	$2.92	$10.46
61-64	$4.77	$17.03

Up to 30
Death$0.36
TPD$0.26
31-45
Death$0.44
TPD$1.05
46-50
Death$0.91
TPD$3.24
51-55
Death$1.65
TPD$5.89
56-60
Death$2.92
TPD$10.46
61-64
Death$4.77
TPD$17.03

Income protection cover

For members in Gateway and Divisions 5, 6, 7 and 10

Annual premium per $1,000 of cover from 1 August 2020

Your age last 1 October	Income protection
16-25	$8.07
26-35	$9.57
36-45	$13.10
46-64	$14.02

16-25
Income protection$8.07
26-35
Income protection$9.57
36-45
Income protection$13.10
46-64
Income protection$14.02

Premium rates for Voluntary Cover from 1 August 2020

The new annual premium rates for Voluntary Cover through Qantas Super are listed below and are the same regardless of the division you’re in. You pay a premium rate for every $10,000 of Voluntary Cover you have. The annual premium rate that applies depends on your age last 1 July and your occupational group rating. Your occupational group rating depends on the nature of the role you are employed in. To work out what your occupational group rating is please refer to the Voluntary Cover Insurance Guide. Premiums for Voluntary Cover are deducted from your super account each month.

Annual premium per $10,000 of cover from 1 August 2020

Occupational group 1

Age last 1 July	Death	TPD	Death & TPD
Up to 35	$3.17	$4.15	$7.32
36	$3.42	$6.76	$10.18
37	$3.52	$7.61	$11.13
38	$3.80	$8.40	$12.20
39	$4.08	$9.31	$13.39
40	$4.42	$10.30	$14.72
41	$4.78	$11.37	$16.15
42	$5.15	$12.58	$17.73
43	$5.75	$14.42	$20.17
44	$6.40	$16.47	$22.87
45	$7.13	$18.89	$26.02
46	$7.94	$21.61	$29.55
47	$8.83	$24.74	$33.57
48	$9.61	$28.44	$38.05
49	$10.47	$32.67	$43.14
50	$11.44	$37.53	$48.97
51	$12.51	$43.15	$55.66
52	$13.67	$49.60	$63.27
53	$14.89	$56.38	$71.27
54	$16.22	$64.15	$80.37
55	$17.66	$72.97	$90.63
56	$19.22	$83.03	$102.25
57	$20.92	$94.50	$115.42
58	$23.23	$102.71	$125.94
59	$25.79	$111.59	$137.38
60	$28.52	$121.32	$149.84
61	$31.54	$131.86	$163.40
62	$34.89	$143.35	$178.24
63	$38.15	$160.39	$198.54
64	$41.70	$179.50	$221.20

Up to 35
Death$3.17
TPD$4.15
Death & TPD$7.32
36
Death$3.42
TPD$6.76
Death & TPD$10.18
37
Death$3.52
TPD$7.61
Death & TPD$11.13
38
Death$3.80
TPD$8.40
Death & TPD$12.20
39
Death$4.08
TPD$9.31
Death & TPD$13.39
40
Death$4.42
TPD$10.30
Death & TPD$14.72
41
Death$4.78
TPD$11.37
Death & TPD$16.15
42
Death$5.15
TPD$12.58
Death & TPD$17.73
43
Death$5.75
TPD$14.42
Death & TPD$20.17
44
Death$6.40
TPD$16.47
Death & TPD$22.87
45
Death$7.13
TPD$18.89
Death & TPD$26.02
46
Death$7.94
TPD$21.61
Death & TPD$29.55
47
Death$8.83
TPD$24.74
Death & TPD$33.57
48
Death$9.61
TPD$28.44
Death & TPD$38.05
49
Death$10.47
TPD$32.67
Death & TPD$43.14
50
Death$11.44
TPD$37.53
Death & TPD$48.97
51
Death$12.51
TPD$43.15
Death & TPD$55.66
52
Death$13.67
TPD$49.60
Death & TPD$63.27
53
Death$14.89
TPD$56.38
Death & TPD$71.27
54
Death$16.22
TPD$64.15
Death & TPD$80.37
55
Death$17.66
TPD$72.97
Death & TPD$90.63
56
Death$19.22
TPD$83.03
Death & TPD$102.25
57
Death$20.92
TPD$94.50
Death & TPD$115.42
58
Death$23.23
TPD$102.71
Death & TPD$125.94
59
Death$25.79
TPD$111.59
Death & TPD$137.38
60
Death$28.52
TPD$121.32
Death & TPD$149.84
61
Death$31.54
TPD$131.86
Death & TPD$163.40
62
Death$34.89
TPD$143.35
Death & TPD$178.24
63
Death$38.15
TPD$160.39
Death & TPD$198.54
64
Death$41.70
TPD$179.50
Death & TPD$221.20

Occupational group 2

Age last 1 July	Death	TPD	Death & TPD
Up to 35	$5.49	$7.18	$12.67
36	$5.91	$11.69	$17.60
37	$6.08	$13.17	$19.25
38	$6.56	$14.53	$21.09
39	$7.07	$16.10	$23.17
40	$7.65	$17.82	$25.47
41	$8.27	$19.68	$27.95
42	$8.92	$21.75	$30.67
43	$9.95	$24.92	$34.87
44	$11.08	$28.50	$39.58
45	$12.32	$32.67	$44.99
46	$13.73	$37.39	$51.12
47	$15.28	$42.81	$58.09
48	$16.64	$49.18	$65.82
49	$18.12	$56.52	$74.64
50	$19.80	$64.94	$84.74
51	$21.66	$74.65	$96.31
52	$23.65	$85.78	$109.43
53	$25.75	$97.53	$123.28
54	$28.07	$110.98	$139.05
55	$30.55	$126.20	$156.75
56	$33.26	$143.64	$176.90
57	$36.21	$163.50	$199.71
58	$40.19	$177.68	$217.87
59	$44.62	$193.08	$237.70
60	$49.33	$209.89	$259.22
61	$54.57	$228.12	$282.69
62	$60.36	$247.98	$308.34
63	$66.00	$277.48	$343.48
64	$72.14	$310.53	$382.67

Up to 35
Death$5.49
TPD$7.18
Death & TPD$12.67
36
Death$5.91
TPD$11.69
Death & TPD$17.60
37
Death$6.08
TPD$13.17
Death & TPD$19.25
38
Death$6.56
TPD$14.53
Death & TPD$21.09
39
Death$7.07
TPD$16.10
Death & TPD$23.17
40
Death$7.65
TPD$17.82
Death & TPD$25.47
41
Death$8.27
TPD$19.68
Death & TPD$27.95
42
Death$8.92
TPD$21.75
Death & TPD$30.67
43
Death$9.95
TPD$24.92
Death & TPD$34.87
44
Death$11.08
TPD$28.50
Death & TPD$39.58
45
Death$12.32
TPD$32.67
Death & TPD$44.99
46
Death$13.73
TPD$37.39
Death & TPD$51.12
47
Death$15.28
TPD$42.81
Death & TPD$58.09
48
Death$16.64
TPD$49.18
Death & TPD$65.82
49
Death$18.12
TPD$56.52
Death & TPD$74.64
50
Death$19.80
TPD$64.94
Death & TPD$84.74
51
Death$21.66
TPD$74.65
Death & TPD$96.31
52
Death$23.65
TPD$85.78
Death & TPD$109.43
53
Death$25.75
TPD$97.53
Death & TPD$123.28
54
Death$28.07
TPD$110.98
Death & TPD$139.05
55
Death$30.55
TPD$126.20
Death & TPD$156.75
56
Death$33.26
TPD$143.64
Death & TPD$176.90
57
Death$36.21
TPD$163.50
Death & TPD$199.71
58
Death$40.19
TPD$177.68
Death & TPD$217.87
59
Death$44.62
TPD$193.08
Death & TPD$237.70
60
Death$49.33
TPD$209.89
Death & TPD$259.22
61
Death$54.57
TPD$228.12
Death & TPD$282.69
62
Death$60.36
TPD$247.98
Death & TPD$308.34
63
Death$66.00
TPD$277.48
Death & TPD$343.48
64
Death$72.14
TPD$310.53
Death & TPD$382.67

Occupational group 3

Age last 1 July	Death	TPD	Death and TPD
Up to 35	$6.34	$8.31	$14.65
36	$6.84	$13.51	$20.35
37	$7.04	$15.23	$22.27
38	$7.59	$16.83	$24.42
39	$8.17	$18.61	$26.78
40	$8.83	$20.61	$29.44
41	$9.56	$22.74	$32.30
42	$10.31	$25.15	$35.46
43	$11.50	$28.81	$40.31
44	$12.81	$32.95	$45.76
45	$14.25	$37.77	$52.02
46	$15.87	$43.23	$59.10
47	$17.67	$49.50	$67.17
48	$19.24	$56.87	$76.11
49	$20.94	$65.36	$86.30
50	$22.89	$75.07	$97.96
51	$25.03	$86.30	$111.33
52	$27.35	$99.19	$126.54
53	$29.77	$112.78	$142.55
54	$32.44	$128.28	$160.72
55	$35.31	$145.92	$181.23
56	$38.44	$166.05	$204.49
57	$41.86	$189.01	$230.87
58	$46.46	$205.42	$251.88
59	$51.59	$223.20	$274.79
60	$57.03	$242.64	$299.67
61	$63.09	$263.74	$326.83
62	$69.78	$286.68	$356.46
63	$76.30	$320.81	$397.11
64	$83.40	$358.99	$442.39

Up to 35
Death$6.34
TPD$8.31
Death and TPD$14.65
36
Death$6.84
TPD$13.51
Death and TPD$20.35
37
Death$7.04
TPD$15.23
Death and TPD$22.27
38
Death$7.59
TPD$16.83
Death and TPD$24.42
39
Death$8.17
TPD$18.61
Death and TPD$26.78
40
Death$8.83
TPD$20.61
Death and TPD$29.44
41
Death$9.56
TPD$22.74
Death and TPD$32.30
42
Death$10.31
TPD$25.15
Death and TPD$35.46
43
Death$11.50
TPD$28.81
Death and TPD$40.31
44
Death$12.81
TPD$32.95
Death and TPD$45.76
45
Death$14.25
TPD$37.77
Death and TPD$52.02
46
Death$15.87
TPD$43.23
Death and TPD$59.10
47
Death$17.67
TPD$49.50
Death and TPD$67.17
48
Death$19.24
TPD$56.87
Death and TPD$76.11
49
Death$20.94
TPD$65.36
Death and TPD$86.30
50
Death$22.89
TPD$75.07
Death and TPD$97.96
51
Death$25.03
TPD$86.30
Death and TPD$111.33
52
Death$27.35
TPD$99.19
Death and TPD$126.54
53
Death$29.77
TPD$112.78
Death and TPD$142.55
54
Death$32.44
TPD$128.28
Death and TPD$160.72
55
Death$35.31
TPD$145.92
Death and TPD$181.23
56
Death$38.44
TPD$166.05
Death and TPD$204.49
57
Death$41.86
TPD$189.01
Death and TPD$230.87
58
Death$46.46
TPD$205.42
Death and TPD$251.88
59
Death$51.59
TPD$223.20
Death and TPD$274.79
60
Death$57.03
TPD$242.64
Death and TPD$299.67
61
Death$63.09
TPD$263.74
Death and TPD$326.83
62
Death$69.78
TPD$286.68
Death and TPD$356.46
63
Death$76.30
TPD$320.81
Death and TPD$397.11
64
Death$83.40
TPD$358.99
Death and TPD$442.39

Our USI (Unique Superannuation Identifier)

Our ABN

Transferring to our Gateway Division

Annual Report

Forms

Our fees and costs

Premium rates for insurance cover

New rates from 1 August 2020

Premium rates for Basic Cover from 1 August 2020

Death and total and permanent disablement (TPD) cover

For members in Gateway

Annual premium per $1,000 of cover from 1 August 2020

For members in Divisions 5, 6, 7 and 10

Annual premium per $1,000 of cover from 1 August 2020

Income protection cover

For members in Gateway and Divisions 5, 6, 7 and 10

Annual premium per $1,000 of cover from 1 August 2020

Premium rates for Voluntary Cover from 1 August 2020

Annual premium per $10,000 of cover from 1 August 2020

Occupational group 1

Occupational group 2

Occupational group 3

We're here to help

Popular information

Our USI (Unique Superannuation Identifier)

Our ABN

Transferring to our Gateway Division

Annual Report

Forms

Our fees and costs

Premium rates for insurance cover

New rates from 1 August 2020

Premium rates for Basic Cover from 1 August 2020

Death and total and permanent disablement (TPD) cover

For members in Gateway

Annual premium per $1,000 of cover from 1 August 2020

For members in Divisions 5, 6, 7 and 10

Annual premium per $1,000 of cover from 1 August 2020

Income protection cover

For members in Gateway and Divisions 5, 6, 7 and 10

Annual premium per $1,000 of cover from 1 August 2020

Premium rates for Voluntary Cover from 1 August 2020

Annual premium per $10,000 of cover from 1 August 2020

Occupational group 1

Occupational group 2

Occupational group 3

We're here to help