Important information

This important information relates to many members super accounts; their circumstances may be different from yours. If you are in doubt about whether or not a particular provision applies to you or if you simply would like further information, please contact us.

As a member of REI Super, you may be entitled to receive an insured amount as part of your super if you die or become disabled.

If the Dashboard states "Not Available" in any of the columns, this indicates there is likely a different technical reason currently preventing us from displaying your information here online. Please call the helpline for assistance in this case.

Key Terms:

Depending on your super account, the following may apply to you. Please read your PDS for more information. 

  1. Death Benefit: As a member if you die, your super (including your insurance, if any) can be paid to your beneficiaries or your Estate. 
  2. Total and Permanent Disablement Benefit (TPD): As a member if you become TPD, your super (including your insurance, if any) can be paid to you subject to Superannuation Law.
  3. Income Protection (IP): provide a monthly income if you are unable to work due to partial disability due to illness or injury. If you qualify the benefit is payable in instalments after the waiting period. Tax at marginal rates will be deducted from the amount shown before you receive your payment. 

If you currently have insurance cover, your total benefit, including the insured amount, may be shown on the Dashboard. Note that depending on your benefit design, not all insurance options can be displayed.

If the Dashboard states "not applicable" in any of the columns, this can mean that either your insurance is too complex to be displayed or, you have not elected an option or you do not have insurance. Your insured amount may also be restricted to $0.00 because of this.

Please refer to the Product Disclosure Statement and Insurance Guide on our website. Contact us if you have any questions or would like more information.

Please refer to your Product Disclosure Statement and other member documents available on the Documents & forms on our website for specific information about your cover and don't hesitate to contact us if you have any questions or would like more information.

Important information about your insured amount

Your insured amount can be influenced by many factors, such as the design of your plan, whether you elect to take out insurance and the level of cover provided by the insurer.

In relation to the design of your plan, the insured amount is calculated based on the insurance option shown above. If you have not elected or are not eligible to select an option, then your insured amount may be restricted to $0.00 or shown as not applicable. Depending on your plan design, not all insurance options can be displayed.

There may be various circumstances where the insurer requires that the insured amount of any super payout you receive in the event of your death or disablement while a member of the plan be varied. These include, but are not limited to:

  • The insurer may decline or apply an exclusion or restriction to your insurance amount. This means the insurance amount may not be paid or may be limited in some circumstances. 
  • The insurer may have asked you to provide health evidence before your required level of insurance cover will be provided. Until such time that the insurer has received and assessed this evidence, your insured benefit(s) will be restricted to $0.00, shown as not applicable or the amount(s) advised previously.
  • Your age or employment status or number of average hours worked per week precludes you from any entitlement to disablement cover. 

The insured amount indicated above is inclusive of any additional voluntary insurance or voluntary insurance amount you have (as applicable).

If you believe that your insured amount may be subject to any of the circumstances above, please refer to previous correspondence for full details.

Important information about your total benefit

The estimate of your total benefit provided on this website does not describe all of the conditions affecting the amount and its availability. Your total benefit is determined in accordance with the Trust Deed, Trustee determinations, Government regulations and the benefit design of the plan. The estimate should therefore be read in conjunction with the Product disclosure statement or any other member materials you have received from the Trustee.

The estimate does not guarantee that you will receive a particular benefit and is based on information available to the Trustee at the time this calculation has been processed. The unit prices used when paying your benefit will be those available at the time your benefit is processed by the Administrator. If you have requested an investment switch which has not been processed or have a surcharge assessment that is not yet effective, this will affect the benefit displayed here.

While all reasonable efforts have been made to ensure the information contained in this estimate is correct, the Trustee reserves the right to correct any error or omission. You should not enter any commitments based solely on the information contained in this estimate.

If any of your personal details are incorrect, the total benefit estimate may be affected. If you have any queries concerning your estimate or further information about your benefit, please contact us.