Your insurance
Superannuation is the asset you are building today to achieve a financially secure retirement. However, at the moment two of your most valuable assets are your financial health and income earning potential. Protecting them against the unexpected should be part of your financial strategy.
HIP recognises the importance of insurance cover and offers three specially created insurance covers:
- Death insurance - one units provided automatically to members
- Income protection insurance - option
- Total and Permanent Disablement (TPD) cover - optional
Access to low-cost insurance cover is one of the most valuable benefits as a HIP member.
In addition, HIP members benefit from:
- Low premiums, less than you can access as an individual
- Hassle free payments as premiums are deducted from your account each month
- The option to increase your cover at any time to suit your needs (subject to meeting the insurer’s requirements).
Click here for an overview on insurance options with HIP.
HIP’s insurance is provided by MLC Limited (ABN 90 000 000 402 AFSL 230694) as of 1/11/2010.
This website is provided by Private Hospitals Superannuation Pty Ltd ABN 59 006 792 749, AFSL 247063, RSE L0001533, Trustee of Health Industry Plan (SPIN HIP0100AU, RSE R1056617), and is general information only. It does not take into account your objectives, financial situation or specific needs so you should look at your own financial position and requirements before making a decision. Please note that investments can go up and down. Past performance is not a reliable indicator of future performance. You should assess your own financial situation and needs, read the relevant Product Disclosure Statement and consult an adviser if required before making a decision about products on this website.