Key features

You can receive up to 75% of your pre-disability monthly income2.
You can choose a waiting period (before the benefit payment kicks-in) of 30, 60 or 90 days.
You can choose a benefit payment period of 2 years, 5 years or to age 65.
The cost of insurance is deducted automatically from your super balance, not from your take-home pay – so you don’t have to budget for it.
You’re covered while travelling overseas.
Rehabilitation expenses may also be covered – for approved programs aimed at getting you back to your old job, or to help retrain you for another occupation.

Members of smartMonday PRIME who join via their participating employer – subject to eligibility, you may receive Income Protection cover automatically on standard terms with a 90 days waiting period and 2 year benefit period. Alternatively, your employer may negotiate different terms if they are paying for this cover. See your Welcome Pack on joining the fund for more information or, if you’re already a member, login to check your insurance details.

For full details download Insurance Guide.

Or talk to a smartCoach today on 1300 262 241, or email smartcoach@smartmonday.com.au.

Income Protection insurance is designed to ensure eligible members will receive up to 75% of their pre-disability monthly income from all sources of monthly income. If other benefits are payable to you for loss of income, such as sick leave, long service leave, etc., your income protection benefit payments may be reduced so that the total of benefits paid from all sources does not exceed 75% of your pre-disability income. Insurers will not pay multiple IP claims for the same event.
Pre-disability income is defined as: a. For smartMonday PRIME members joining via their participating employer, as the annual salary or wage reported to us by your employer immediately before the disability. In certain circumstances other earnings may also be included. Please refer to the smartMonday PRIME PDS Insurance guide for more information. b. For smartMonday PRIME members who joined as a personal super member via application (ie. not via your employer) as the income earned by you immediately prior to becoming disabled. In certain circumstances other earnings and liabilities may also be included. Please refer to the smartMonday PRIME PDS Insurance Guide for more information.