Making sure you are financially covered
Whilst you cannot control life and its changing events, you can take time to plan for the ‘what if’. What would happen if you became seriously ill or injured and could no longer work? How would you manage without your monthly income? Could your family and loved ones financially support themselves if you passed away?
For these reasons REI Super offers insurance. We have three different types of cover for life’s unexpected events:
Default insurance - Death and Total and Permanent Disablement insurance
REI Super's default insurance cover provides you and your family with financial support during the difficult times if you become terminally ill, permanently disabled or pass away.
Our default insurance cover includes:
- Death (including Terminal Illness)
- Total and permanent disablement (TPD)
- Includes 4 units of cover (from $8.48 per week)1
- Paid as a lump sum
Read more about REI Super's default insurance cover.
Death only cover (optional)
Only covers you in the event of death. In the event of death, our insurance provides a lump sum to your estate or to your beneficiaries.
Income protection cover (optional)
Income protection (previously known as salary continuance insurance) provides a monthly income if you are unable to work due to partial disability due to illness or injury. REI Super’s Income Protection insurance is tailored to the needs of real estate employees, and it covers commissions and variable remuneration.
A higher insurance premium may apply if you are joining as a Direct member. Read more about REI Super’s default insurance cover