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Featured article - First State Super upgrades its insurance offering
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5 December 2007
First State Super has lifted its insurance offering, with levels of cover increasing between 5% and 64% depending on the member’s insurance category and age.
The changes will particularly benefit those members aged over 40, who make up a significant proportion of the membership.
“A key issue for First State Super is to ensure that members are adequately protected, so we regularly review our insurance offering to assess whether the level of cover meets members’ needs,” said First State Super’s Chief Executive Officer, Michael Dwyer.
“Having opened up our membership last year, it was also important to us to allow new members rolling their money into First State Super to have insurance from other super funds recognised as part of their cover with First State Super, without onerous underwriting requirements.”
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