As your life changes, your insurance needs might change too. You can change your insurance at any time. It can be done in a few simple steps.
Key points:
- You can estimate how much insurance you need with our insurance calculator.
- If you have insurance with another life insurer or super fund, it’s easy to apply to transfer it to us.
- With Life events cover It’s easy to apply to increase your cover following certain life changes.
- If you're eligible and don't have insurance:
- Basic Cover is a quick way to apply for death and total and permanent disablement cover. You can easily double this amount and add income protection cover with an application for Basic Plus Cover.
- IP Express is a simple way to apply for income protection cover if you don’t already have it.
- You can apply to update your insurance through your Member Online account in just a few minutes. You can:
- apply for new cover like Basic Cover, Basic Plus Cover and IP Express
- apply to top up your existing insurance
- reduce your amount of insurance
- cancel your insurance.
Why you might need to update your insurance
It’s important to review your insurance regularly to ensure it continues to meet your needs.
You may want to update your cover if:
- your personal circumstances have changed. For example, you may have gotten married, had children or started a new job
- your income or expenses have changed, or
- you have cover that is no longer appropriate or needed
If you have insurance with another life insurer or super fund, you can apply to transfer it to us. You cannot apply to transfer and then keep your old insurance.
Apply for Basic Cover
Our Basic Cover gives you:
- death cover, and
- total and permanent disablement cover.
If you are eligible, you can apply for this cover at any time by answering some simple questions, or you may get it automatically.
Get Basic Plus Cover
Basic Plus Cover gives you double the Basic Cover amount.
If you are eligible, you can apply for Basic Plus Cover at any time by answering some simple questions. When you apply for Basic Plus Cover, you can also include income protection cover. Income protection cover taken up as part of Basic Plus Cover is available with a 60 or 90-day waiting period and a 2 or 5-year benefit period.
Apply for Basic Plus Cover
Learn more about applying for cover
Get income protection cover through IP Express
Another simple way to apply for income protection cover if you don’t already have it, is to apply through IP Express.
Learn more about applying for cover
To apply you’ll need to answer some simple questions about your:
- employment
- health
- lifestyle.
Life events cover makes it easy to increase your insurance when circumstances in your life change. We call this applying for cover due to a life event.
Life events include things like getting married, having a child or buying your own home. You'll need to meet certain criteria and apply within 90 days of the date of the event.
If you’d like to tailor your insurance, you will need to complete a more detailed application. You will be asked to provide information about your:
- employment
- health
- lifestyle
- current and past insurance.
This is how the insurer decides:
- whether or not to cover you
- the cost of your cover, and
- any exclusions that might apply.
The insurer may decline your application based on the answers you provide.
You can cancel or reduce your insurance at any time through your Member Online account. You will need to go through full underwriting if you want to increase your cover after cancelling or reducing it.
You can find out what insurance you have by:
- logging into your Member Online account
- logging into your Aware Super app
- clicking on the insurance tab.
Our insurance calculator can help you estimate of how much insurance you need and what it will cost.
You can also speak to an Aware Super adviser to find out which types of insurance would be best for your situation and how much you need.
Where to next?
Calculate your insurance needs
Use our insurance calculator to estimate how much cover you need and what it will cost, based on your age, salary, expenses and dependants.
Check your insurance
Review and update your cover through your Aware Super Member Online account.
Transfer insurance to Aware Super
It’s easy to apply to transfer other insurance to us. This can help you consolidate your insurance and avoid paying for duplicate insurance fees.