You can apply for insurance through Verve Super, or arrange cover through another provider. It’s up to you. Insurance through Verve is is paid from your Verve Super account and provided by the insurer MetLife Insurance – we don’t receive any payment or commission from MetLife. You may be eligible to arrange insurance cover through a retail policy with another provider and still have premiums paid from your Verve Super account. You may want to speak with a financial advisor about finding the best insurance cover for you.

Insurance helps to protect you and your loved ones in the event you are no longer able to earn income due to injury or illness, if you pass away or you become permanently disabled. Insurance can help to support you plan for and manage these risks.

Provides your dependants with a lump sum payment in the event of your death.

Provides you or your dependants with a lump sum payment in the event you become totally and permanently disabled or in the event of your death.

Provides you with a monthly income stream in the event that you are sick or injured and not able to attend work.

You may be eligible to arrange insurance cover through a retail policy with another provider and still have premiums paid from your Verve Super account.

You may want to speak with a financial adviser about finding the best insurance cover for you.

Complete online application to opt-in for Standard Death Only or Death & TPD cover

If you have recently joined Verve Super, you can apply for standard level of cover within the first sixty days of becoming a member. Simply log in to your online account, answer a few quick questions and if you are eligible, you’ll get an instant quote, plus the option to apply for cover on the spot. If you would like to change the level of cover or add Income Protection insurance, please complete and submit the Insurance Application form available from www.vervesuper.com.au.

Apply for individualised cover

If you have been a member of Verve for more than sixty days, you want to specify the amount of cover, and/or you want to add Income Protection insurance, please complete and submit the Insurance Application form available from www.vervesuper.com.au.

Transfer existing insurance cover

You may be eligible to transfer* the level of cover you have through an existing policy, such as insurance through your previous or current super fund.

If you would like to do this, please complete and submit the Insurance Transfer Form available from www.vervesuper.com.au. Please note, your existing cover should be active at the time of transfer so you may wish to wait before initiating any rollovers.
*Transferring cover refers to the transfer of the level of cover only (as well as any restrictions, such as loadings and exclusions, which apply). You will be subject to the premium structure and policy conditions that are set by AIA.

An insurance quote will give you an outline of your insurance options and the premiums you can expect to pay from your superannuation account each month. You can get a quote online at any time. Find more information and get a quote here.

To learn more about insurance visit the Verve Learn’s Money & Mindset course.

For more information on insurance view the  Product Disclosure Statement, How Verve Super Works Guide, Insurance Guide  and Target Market Determination   You may also want to consider seeking professional advice to ensure that you are making an informed decision based on your own financial objectives, situation and needs.