Death and TPD

Death and total and permanent disablement (TPD) cover provides a payment if you die, become terminally ill or if you’re unable to work again due to illness or injury.

Tasplan insurance is both affordable and flexible

We negotiate with our insurer for discounted group rates which means that you generally pay less than you would if you personally applied for cover. And the cost of cover is paid out of your Tasplan account rather than from your pocket, so it doesn’t affect your take-home pay.

Type of cover Benefit

Death cover

Death cover provides your dependants, nominated beneficiaries or your estate with a benefit if you die.

Terminal illness

If you’re diagnosed with a terminal illness that’s likely to result in your death within 24 months, you may be eligible to receive your death benefit sooner. This is included in your death cover at no extra cost.

Total and permanent disablement (TPD) cover

TPD cover provides a lump sum benefit in the event that you become totally and permanently disabled and are unlikely to return to work as a result of an illness or injury.

If you’re 65 and over, or under age 65 and not gainfully employed at any time in the six months before you became disabled, your claim will be assessed under more restrictive parts of the TPD definition.

However, if you're under age 65 and became unemployed due to COVID-19 since 11 March 2020, your claim may be assessed using the applicable TPD definition based on your working arrangements as at 11 March 2020. Your claim must be lodged before 1 January 2021. Conditions apply (see What if I become unemployed due to COVID-19 and then lodge a TPD claim? below).

Also see the Insurance guide for more information on the TPD definition and how a TPD claim is assessed.

How do you get cover with Tasplan?

There are a number of ways to get cover with Tasplan:

How to get cover When you get cover
Default cover Automatically provided after certain conditions are met. The level of cover and cost will depend on your age, occupation and employer.
Opt in early for default cover An option to take up default cover when you first join Tasplan before you meet all the conditions.
Fixed cover You can apply for this at any time, but your application will need to be accepted by the insurer.
Transferring cover Transfer your cover and account from another super fund.
Life events You can apply for additional death and TPD cover if you experience a specific life event.

Conditions apply. For more information on eligibility requirements, see our Insurance guide.

Are you a member of Tasplan?

If you’re a member of Tasplan, log in to Tasplan Online to check your current insurance arrangements.

Tasplan Online has everything you need to manage your insurance. You can:

  • work out how much cover you may need
  • get a quote for the cost of your cover
  • apply for or change your cover and
  • start a claim for insured benefits.

If you’re still not sure, you may want to get advice specific to your personal circumstances.

See our Insurance guide for information on claims for TPD and terminal illness.

Cancelling or reducing your death and TPD cover

You can cancel or reduce your death and TPD cover at any time:

 

Not a member of Tasplan?

  • Tasplan Super Tasplan Super What if I become unemployed due to COVID-19 and then lodge a TPD claim?

    When you’re under age 65 and not gainfully employed at any time in the six months before you became disabled, your TPD claim will usually be assessed under more restrictive parts of the TPD definition.

    If you become unemployed due to COVID 19 and subsequently lodge a TPD claim due to illness or injury, you may be assessed using the TPD definition that applied to your working arrangements on 11 March 2020. You’ll need to meet the following conditions:

    • you must have been working in your normal capacity on 11 March 2020
    • you became unemployed due to COVID 19 on or after 11 March 2020
    • you became totally and permanently disabled as a result of illness or injury between 11 March 2020 and 27 September 2020, inclusive
    • you lodged a completed claim on or before 1 January 2021.

    For more information, see our Insurance guide or call us on 1800 005 166.