AustralianSuper Select for Komatsu employees 28 October 2017 Issued by AustralianSuper Pty Ltd ABN 94 006 457 987 AFSL 233788 Trustee of AustralianSuper ABN 65 714 394 898 AustralianSuper MySuper Authorisation 65 714 394 898 856 26/50 Lonsdale St, Melbourne VIC 3000 1
About this booklet This document provides specific information for Komatsu employees and forms part of the Product Disclosure Statement for AustralianSuper Select prepared on 28 October 2017. The employer sponsors contributing into AustralianSuper Select are Komatsu Australia, Komatsu Marketing Support Australia and Komatsu Australia Corporate Finance. Fees and costs The table below shows the fees you or your employer may pay. It includes some of the main fees to set up and manage your account based on our Balanced option. Type of fee Admin fee Basic insurance costs Amount Investment fee* 0.75% Exit Fee $35 $1.50 a week, paid by your employer Paid by your employer * The Investment fee for our other investment options is different. This fee is calculated looking back as at 30 June each year. It may change from year to year. Additional fees may apply for specific activities. More information about about fees and costs is included in the Product Disclosure Statement for AustralianSuper Select at australiansuper.com/select If your employer pays for your basic cover and/or administration fee, the payments will count towards your before-tax (concessional) contribution cap. It may affect your ability to make, or the amount you are able to contribute as, additional before-tax contributions. 2
About your insurance You must be a Komatsu employee in AustralianSuper Select and meet the eligibility requirements of your employment to be eligible for insurance. Types of cover There are three types of cover available to Komatsu employees: Death cover Total & Permanent Disablement (TPD) cover Income Protection cover Designed to provide your dependants with money to live on or to repay your debts and financial expenses. TPD cover may provide you with a lump sum payout if you become totally and permanently disabled and can no longer work. Provides a monthly income for up to two years to help you get back on your feet. Longer benefit payment periods are available. You re also covered for terminal Illness if you have Death or TPD cover. See our Select Insurance in your super guide for details at australiansuper.com/select Your insurance category The type of insurance cover you re eligible for depends on your age and your insurance category. The insurance category you re in is determined by your employment as shown in the table below. Insurance category Your employment Basic cover provided automatically, based on a Standard work rating Option to apply for extra cover Category 1 Category 2 Category 3 n/a Permanent or fixed-term* employees NOT employed under a Komatsu Enterprise Agreement (EA) working 15 hours or more each week Permanent or fixed-term* employees working less than 15 hours each week Permanent or fixed-term* employees employed under a Komatsu EA working 15 hours or more each week. Income Protection insurance is provided by your employer through your EA. Basic Death, TPD and Income Protection cover, paid by your employer Basic Death cover only, paid by your employer Basic Death and TPD cover, paid by your employer Death, TPD and Income Protection cover, paid by you Death, TPD and Income Protection cover, paid by you Death, TPD and Income Protection paid by you Casual employees are not eligible to join AustralianSuper Select. Speak to your employer. * Fixed-term contracts must be for at least one year. See our Select Insurance in your super guide at australiansuper.com/select for more information about your AustralianSuper insurance. It details the terms and conditions you need to satisfy when applying for or changing your insurance. AustralianSuper Select insurance is provided by our Insurer TAL Life Limited, ABN 70 050 109 450, AFSL 237848. 3
Basic Death, TPD and Income Protection cover When you start working for Komatsu, you ll automatically receive a basic level of insurance cover, paid for by your employer. Your basic cover is salary-based and will depend on your age and the insurance category you re in. Your employer informs us of your salary to calculate your Death, TPD and Income Protection cover. See page 7 for the definition of salary. Basic cover paid for by your employer Category 1 Death TPD Income Protection 15-44 4 x salary 4 x salary 75% of your monthly 45-55 3 x salary 3 x salary salary* for a two year benefit payment period (after a 90 56-64 2 x salary 2 x salary day waiting period) 65-69 2 x salary n/a Category 2 Category 3 Death only Death TPD 15-44 4 x salary 4 x salary 4 x salary 45-55 3 x salary 3 x salary 3 x salary 56-64 2 x salary 2 x salary 2 x salary 65-69 2 x salary 2 x salary n/a * If you have basic Income Protection cover and make a claim the maximum benefit payment you may receive is based on 75% of the monthly salary that Komatsu pays you. When your basic cover increases in line with your salary Your basic cover is salary-based. So your basic cover amount may increase or decrease if your salary changes (as provided by your employer). Your basic cover can increase up to the automatic limits shown in the table below and you won t have to provide detailed health information, as long as you re at work and eligible for cover. We ll write to you if your basic cover has reached the automatic limit/s. To increase your basic cover above the automatic limit/s in line with your salary, you ll need to provide detailed health information and be assessed by the Insurer. Automatic limits Death TPD Income Protection $1.1 million $1.1 million $16,000 a month 4
Extra Cover Death and TPD cover When you join you get basic Death and/or TPD cover (depending on your insurance category). But you can apply for an extra amount of fixed cover anytime. You pay for the cost of your extra cover, not your employer. We ll deduct the cost of it from your account monthly. Income Protection cover When you join AustralianSuper Select you get basic Income Protection cover depending on the insurance category you re in. For example, if you re in Category 1, AustralianSuper Select provides you with basic Income Protection cover that s paid for by your employer. You can apply to change or increase your Income Protection cover anytime. If you don t have basic Income Protection cover you can apply for the cover. Under these circumstances you ll have to pay for the total cost of your Income Protection cover. This includes changes to your cover amount, waiting period or benefit payment period. We ll deduct the cost of your Income Protection from your account monthly. If you change your Income Protection cover amount or apply for the cover your cover amount becomes a fixed amount. A limit of 85% of your salary applies. See our Select Insurance in your super guide for more details including your waiting period and benefit payment period options. The maximum amount of cover you can apply for is: Maximum amount of cover Death TPD Income Protection Unlimited $3 million $30,000 a month or 85% of your salary (whichever is lower) For new members increase your cover when you join offer If you re eligible for basic cover when you join AustralianSuper, you can apply once, within 120 days of the date on your offer letter, to increase your total amount of cover up to a set limit without the usual health checks. You ll need to complete the New member insurance offer form we send you. See the AustralianSuper Select Product Disclosure Statement for details. 5
Your work rating We provide three different work ratings Standard, Low Risk and Professional. The type of work you do can make a difference to how much your cover costs. The higher your work rating, the lower the cost. Your employer arranges your basic insurance cover for you, including your category work rating which is Standard. A Standard work rating covers the riskiest jobs and is the most expensive cover. You can apply to change your individual work rating. This means we ll apply the higher of your category or individual work rating to keep costs as low as possible. And if you leave your employer, you ll keep your insurance with us and your individual work rating too. You can apply to change your individual work rating anytime by completing the Change your individual work rating form for Select available at australiansuper.com/select Waiting period Your waiting period is the time you must wait from when you stopped working because of an illness or injury, to the time you become eligible to receive Income Protection benefit payments. If you receive basic Income Protection your waiting period is 90 days. You can apply to change your waiting period to 60 or 30 days but it will cost more. You ll have to pay for the total cost of your Income Protection cover. The cost of your cover will be deducted from your account monthly. Benefit payment period If you receive basic Income Protection cover your benefit payment period is two years. This means benefits may be paid up to a maximum of two years in total. You can apply to change your benefit payment period to five years or up to age 65, but it will cost more and you ll have to pay for the total cost of your Income Protection cover. The cost of your cover will be deducted from your account monthly. What s the cost of Death, TPD and Income Protection cover? For costs, see Appendix A and Appendix B from pages 8 to 15. Reduce or cancel your cover You can reduce or cancel part or all of your cover anytime. If you do cancel your cover and decide to apply for cover in the future, you must provide detailed health information and your application will be assessed by the Insurer. Your employer pays for your basic cover. 6
Useful things you should know Before-tax (concessional) contributions cap From 1 July 2017, your before-tax (concessional) contributions cap is $25,000 a year, regardless of your age. These before-tax contributions count toward the $25,000 cap: super from your employer insurance and account admin fees paid by your employer your salary sacrificed contributions that your employer makes on your behalf, and any other contributions where you ve claimed a tax deduction. This may affect your ability to make, or the amount you are able to contribute as, additional before-tax contributions. Definition of salary Your annual salary which you receive from your employer includes the following amounts: cash salary performance related commission* performance related bonuses* * Averaged over the previous three years, or since you started your current occupation, if less. 7
Appendix A Weekly cost for $1,000 of Death and TPD cover The cost of both basic and extra cover is based on your age, gender, the type of cover you have and your applied work rating. Costs shown below are based on a Standard work rating. Male - Standard work rating Death ($) TPD ($) 15 0.0067 0.0047 16 0.0064 0.0047 17 0.0064 0.0047 18 0.0064 0.0047 19 0.0067 0.0047 20 0.0067 0.0047 21 0.0067 0.0049 22 0.0069 0.0049 23 0.0070 0.0049 24 0.0071 0.0050 25 0.0073 0.0050 26 0.0074 0.0051 27 0.0075 0.0051 28 0.0078 0.0052 29 0.0082 0.0054 30 0.0085 0.0055 31 0.0088 0.0057 32 0.0091 0.0061 33 0.0096 0.0068 34 0.0100 0.0074 35 0.0104 0.0083 36 0.0111 0.0092 37 0.0117 0.0102 38 0.0123 0.0113 39 0.0132 0.0126 40 0.0141 0.0140 41 0.0150 0.0156 42 0.0161 0.0173 Death ($) TPD ($) 43 0.0173 0.0191 44 0.0187 0.0213 45 0.0200 0.0235 46 0.0217 0.0263 47 0.0236 0.0291 48 0.0255 0.0322 49 0.0280 0.0353 50 0.0307 0.0389 51 0.0336 0.0422 52 0.0370 0.0462 53 0.0409 0.0508 54 0.0453 0.0565 55 0.0501 0.0635 56 0.0557 0.0720 57 0.0623 0.0822 58 0.0696 0.0955 59 0.0779 0.1131 60 0.0875 0.1322 61 0.0987 0.1604 62 0.1100 0.1846 63 0.1143 0.2117 64 0.1185 0.2753 65 0.1243 n/a 66 0.1284 n/a 67 0.1327 n/a 68 0.1369 n/a 69 0.1410 n/a Total weekly costs will be rounded to the nearest cent. 8
Female - Standard work rating Death ($) TPD ($) 15 0.0045 0.0047 16 0.0043 0.0047 17 0.0043 0.0047 18 0.0043 0.0047 19 0.0045 0.0047 20 0.0045 0.0047 21 0.0045 0.0049 22 0.0046 0.0049 23 0.0047 0.0049 24 0.0048 0.0050 25 0.0048 0.0050 26 0.0049 0.0051 27 0.0050 0.0051 28 0.0052 0.0052 29 0.0055 0.0054 30 0.0057 0.0055 31 0.0059 0.0057 32 0.0060 0.0061 33 0.0064 0.0068 34 0.0067 0.0074 35 0.0070 0.0083 36 0.0074 0.0092 37 0.0078 0.0102 38 0.0082 0.0113 39 0.0088 0.0126 40 0.0094 0.0140 41 0.0100 0.0156 42 0.0107 0.0173 Death ($) TPD ($) 43 0.0115 0.0191 44 0.0124 0.0213 45 0.0134 0.0235 46 0.0145 0.0263 47 0.0157 0.0291 48 0.0170 0.0322 49 0.0187 0.0353 50 0.0205 0.0389 51 0.0224 0.0422 52 0.0247 0.0462 53 0.0273 0.0508 54 0.0302 0.0565 55 0.0334 0.0635 56 0.0371 0.0720 57 0.0415 0.0822 58 0.0464 0.0955 59 0.0520 0.1131 60 0.0584 0.1322 61 0.0658 0.1604 62 0.0734 0.1846 63 0.0762 0.2117 64 0.0790 0.2753 65 0.0829 n/a 66 0.0856 n/a 67 0.0885 n/a 68 0.0913 n/a 69 0.0940 n/a Total weekly costs will be rounded to the nearest cent. If your applied work rating is Low Risk or Professional, the weekly cost of your cover is lower. To work out the weekly cost of your cover: multiply the weekly cost for Death and/or TPD cover (based on a Standard work rating for your age and gender) by the relevant work rating factor below. Work rating Death and TPD factor Low Risk 0.50 Professional 0.45 9
Appendix B Weekly cost for $100 of Income Protection cover The cost of Income Protection is based on your age, gender, waiting period, benefit payment period and your applied work rating. The following costs are based on a Standard work rating. Basic Income Protection for Komatsu is based on a 90 day waiting period, a two year benefit payment period, and a Standard work rating. Male - Standard work rating Benefit payment period - 90 day waiting period 15 0.009 0.083 0.231 16 0.009 0.083 0.231 17 0.009 0.083 0.231 18 0.009 0.083 0.231 19 0.009 0.083 0.231 20 0.009 0.083 0.231 21 0.012 0.085 0.237 22 0.013 0.086 0.243 23 0.015 0.087 0.249 24 0.017 0.089 0.255 25 0.020 0.091 0.264 26 0.020 0.092 0.268 27 0.022 0.093 0.273 28 0.024 0.095 0.278 29 0.026 0.096 0.284 30 0.028 0.098 0.290 31 0.032 0.101 0.300 32 0.035 0.105 0.311 33 0.038 0.109 0.324 34 0.042 0.114 0.339 35 0.045 0.120 0.357 36 0.048 0.126 0.376 37 0.052 0.134 0.397 38 0.055 0.143 0.421 39 0.059 0.153 0.446 40 0.063 0.165 0.474 41 0.068 0.178 0.504 42 0.073 0.193 0.536 Benefit payment period - 90 day waiting period 43 0.078 0.209 0.570 44 0.084 0.227 0.605 45 0.090 0.248 0.643 46 0.096 0.270 0.681 47 0.102 0.295 0.721 48 0.110 0.323 0.760 49 0.117 0.353 0.800 50 0.138 0.387 0.837 51 0.141 0.423 0.872 52 0.144 0.462 0.904 53 0.153 0.504 0.930 54 0.163 0.550 0.950 55 0.175 0.599 0.962 56 0.185 0.653 0.964 57 0.198 0.710 0.954 58 0.212 0.773 0.933 59 0.225 0.841 0.895 60 0.240 0.859 0.838 61 0.256 0.777 0.758 62 0.273 0.667 0.651 63 0.298 0.520 0.507 64 0.309 0.310 0.302 65 0.337 n/a n/a 66 0.350 n/a n/a 67 0.373 n/a n/a 68 0.376 n/a n/a 69 0.310 n/a n/a Total weekly costs will be rounded to the nearest cent. 10
Male - Standard work rating. Benefit payment period - 60 day waiting period 15 0.019 0.100 0.261 16 0.019 0.100 0.261 17 0.019 0.100 0.261 18 0.019 0.100 0.261 19 0.019 0.100 0.261 20 0.019 0.100 0.261 21 0.023 0.102 0.267 22 0.026 0.104 0.274 23 0.030 0.105 0.281 24 0.034 0.107 0.288 25 0.041 0.110 0.298 26 0.041 0.111 0.303 27 0.045 0.112 0.308 28 0.049 0.114 0.314 29 0.053 0.116 0.320 30 0.058 0.119 0.328 31 0.064 0.122 0.339 32 0.070 0.126 0.351 33 0.077 0.131 0.365 34 0.085 0.137 0.383 35 0.092 0.144 0.403 36 0.098 0.152 0.424 37 0.104 0.162 0.448 38 0.111 0.173 0.475 39 0.119 0.185 0.503 40 0.128 0.199 0.534 41 0.139 0.215 0.568 42 0.147 0.232 0.604 Benefit payment period - 60 day waiting period 43 0.158 0.252 0.642 44 0.171 0.274 0.683 45 0.181 0.298 0.725 46 0.194 0.326 0.769 47 0.207 0.356 0.813 48 0.222 0.389 0.858 49 0.237 0.426 0.902 50 0.279 0.466 0.944 51 0.286 0.510 0.984 52 0.292 0.557 1.019 53 0.309 0.608 1.049 54 0.330 0.663 1.072 55 0.354 0.723 1.085 56 0.375 0.787 1.087 57 0.401 0.856 1.076 58 0.429 0.932 1.052 59 0.456 1.014 1.010 60 0.486 1.036 0.945 61 0.518 0.937 0.855 62 0.552 0.804 0.734 63 0.603 0.626 0.571 64 0.625 0.374 0.341 65 0.682 n/a n/a 66 0.708 n/a n/a 67 0.755 n/a n/a 68 0.761 n/a n/a 69 0.627 n/a n/a Total weekly costs will be rounded to the nearest cent. If your applied work rating is Low Risk or Professional, the weekly cost of your cover is lower. To work out the weekly cost of your cover: multiply the weekly cost for Income Protection (based on a Standard work rating for your age, gender, waiting period and benefit payment period) by the relevant work rating factor below. Work rating Income Protection benefit payment period factor two years five years age 65 Low Risk 0.50 0.50 0.55 Professional 0.45 0.45 0.50 11
Appendix B (continued) Weekly cost for $100 of Income Protection cover Male - Standard work rating Benefit payment period - 30 day waiting period 15 0.069 0.145 0.357 16 0.069 0.145 0.357 17 0.069 0.145 0.357 18 0.069 0.145 0.357 19 0.069 0.145 0.357 20 0.069 0.145 0.357 21 0.069 0.148 0.367 22 0.070 0.150 0.376 23 0.072 0.153 0.386 24 0.073 0.155 0.396 25 0.076 0.159 0.409 26 0.079 0.161 0.417 27 0.082 0.163 0.426 28 0.087 0.166 0.437 29 0.090 0.170 0.449 30 0.094 0.175 0.463 31 0.100 0.181 0.482 32 0.105 0.188 0.502 33 0.111 0.196 0.525 34 0.117 0.205 0.552 35 0.125 0.216 0.582 36 0.131 0.227 0.612 37 0.139 0.240 0.645 38 0.148 0.255 0.680 39 0.157 0.271 0.716 40 0.167 0.288 0.755 41 0.178 0.308 0.794 42 0.189 0.329 0.836 Benefit payment period - 30 day waiting period 43 0.201 0.352 0.878 44 0.215 0.378 0.923 45 0.230 0.406 0.968 46 0.245 0.437 1.013 47 0.263 0.471 1.059 48 0.282 0.508 1.105 49 0.301 0.549 1.149 50 0.323 0.594 1.192 51 0.346 0.643 1.232 52 0.370 0.696 1.267 53 0.397 0.754 1.297 54 0.428 0.818 1.319 55 0.460 0.887 1.333 56 0.493 0.963 1.335 57 0.531 1.046 1.323 58 0.571 1.139 1.298 59 0.615 1.242 1.253 60 0.662 1.296 1.183 61 0.714 1.187 1.083 62 0.770 1.037 0.946 63 0.830 0.829 0.757 64 0.895 0.527 0.481 65 0.967 n/a n/a 66 1.045 n/a n/a 67 1.128 n/a n/a 68 1.139 n/a n/a 69 0.740 n/a n/a Total weekly costs will be rounded to the nearest cent. 12
Female - Standard work rating Benefit payment period - 90 day waiting period 15 0.015 0.135 0.375 16 0.015 0.135 0.375 17 0.015 0.135 0.375 18 0.015 0.135 0.375 19 0.015 0.135 0.375 20 0.015 0.135 0.375 21 0.019 0.137 0.384 22 0.020 0.139 0.394 23 0.024 0.142 0.404 24 0.027 0.144 0.414 25 0.032 0.148 0.428 26 0.032 0.149 0.435 27 0.036 0.151 0.443 28 0.039 0.153 0.451 29 0.043 0.156 0.460 30 0.046 0.160 0.471 31 0.051 0.164 0.486 32 0.056 0.170 0.504 33 0.061 0.176 0.524 34 0.068 0.184 0.550 35 0.073 0.194 0.579 36 0.079 0.205 0.610 37 0.084 0.218 0.644 38 0.089 0.232 0.682 39 0.096 0.249 0.723 40 0.102 0.267 0.768 41 0.111 0.288 0.817 42 0.118 0.312 0.868 Benefit payment period - 90 day waiting period 43 0.126 0.339 0.923 44 0.137 0.368 0.981 45 0.145 0.401 1.042 46 0.155 0.438 1.104 47 0.166 0.479 1.168 48 0.178 0.523 1.233 49 0.189 0.573 1.296 50 0.224 0.626 1.357 51 0.229 0.685 1.414 52 0.234 0.749 1.465 53 0.248 0.817 1.508 54 0.265 0.892 1.540 55 0.283 0.972 1.559 56 0.300 1.058 1.562 57 0.321 1.150 1.546 58 0.343 1.253 1.511 59 0.365 1.363 1.450 60 0.389 1.392 1.358 61 0.415 1.260 1.228 62 0.442 1.082 1.055 63 0.483 0.842 0.821 64 0.500 0.502 0.490 65 0.546 n/a n/a 66 0.567 n/a n/a 67 0.604 n/a n/a 68 0.609 n/a n/a 69 0.502 n/a n/a Total weekly costs will be rounded to the nearest cent. If your applied work rating is Low Risk or Professional, the weekly cost of your cover is lower. To work out the weekly cost of your cover: multiply the weekly cost for Income Protection (based on a Standard work rating for your age, gender, waiting period and benefit payment period) by the relevant work rating factor below. Work rating Income Protection benefit payment period factor two years five years age 65 Low Risk 0.50 0.50 0.55 Professional 0.45 0.45 0.50 13
Appendix B (continued) Cost of Income Protection cover Female - Standard work rating Benefit payment period - 60 day waiting period 15 0.031 0.163 0.423 16 0.031 0.163 0.423 17 0.031 0.163 0.423 18 0.031 0.163 0.423 19 0.031 0.163 0.423 20 0.031 0.162 0.423 21 0.038 0.165 0.433 22 0.041 0.168 0.444 23 0.048 0.171 0.456 24 0.055 0.174 0.467 25 0.066 0.178 0.483 26 0.066 0.180 0.490 27 0.073 0.182 0.499 28 0.079 0.185 0.509 29 0.086 0.188 0.519 30 0.093 0.192 0.531 31 0.104 0.198 0.549 32 0.114 0.204 0.568 33 0.124 0.212 0.592 34 0.138 0.222 0.620 35 0.149 0.234 0.653 36 0.159 0.247 0.688 37 0.169 0.262 0.727 38 0.180 0.280 0.769 39 0.194 0.300 0.816 40 0.207 0.322 0.866 41 0.225 0.348 0.921 42 0.238 0.376 0.980 Benefit payment period - 60 day waiting period 43 0.256 0.408 1.041 44 0.276 0.444 1.107 45 0.294 0.484 1.175 46 0.314 0.528 1.246 47 0.335 0.577 1.318 48 0.359 0.631 1.390 49 0.384 0.690 1.462 50 0.453 0.755 1.531 51 0.463 0.826 1.595 52 0.473 0.902 1.652 53 0.501 0.985 1.701 54 0.536 1.075 1.737 55 0.574 1.171 1.758 56 0.608 1.275 1.762 57 0.650 1.387 1.745 58 0.695 1.510 1.705 59 0.739 1.643 1.636 60 0.788 1.678 1.532 61 0.840 1.518 1.385 62 0.895 1.304 1.190 63 0.978 1.015 0.926 64 1.012 0.606 0.553 65 1.106 n/a n/a 66 1.147 n/a n/a 67 1.223 n/a n/a 68 1.234 n/a n/a 69 1.016 n/a n/a Total weekly costs will be rounded to the nearest cent. 14
Female - Standard work rating Benefit payment period - 30 day waiting period 15 0.111 0.236 0.579 16 0.111 0.236 0.579 17 0.111 0.236 0.579 18 0.111 0.235 0.579 19 0.111 0.235 0.579 20 0.111 0.235 0.579 21 0.111 0.239 0.594 22 0.114 0.243 0.610 23 0.116 0.247 0.626 24 0.118 0.252 0.642 25 0.123 0.258 0.663 26 0.128 0.261 0.676 27 0.133 0.265 0.691 28 0.141 0.270 0.708 29 0.146 0.276 0.729 30 0.153 0.284 0.751 31 0.163 0.293 0.781 32 0.170 0.304 0.814 33 0.180 0.317 0.851 34 0.190 0.333 0.895 35 0.202 0.350 0.943 36 0.212 0.369 0.993 37 0.225 0.390 1.046 38 0.239 0.413 1.102 39 0.254 0.439 1.161 40 0.271 0.467 1.223 41 0.289 0.499 1.287 42 0.306 0.533 1.355 Benefit payment period - 30 day waiting period 43 0.326 0.571 1.424 44 0.348 0.612 1.495 45 0.373 0.658 1.568 46 0.397 0.708 1.642 47 0.427 0.763 1.717 48 0.457 0.823 1.791 49 0.489 0.890 1.863 50 0.523 0.962 1.932 51 0.560 1.042 1.996 52 0.600 1.128 2.054 53 0.644 1.222 2.102 54 0.693 1.325 2.138 55 0.745 1.438 2.160 56 0.800 1.561 2.164 57 0.861 1.695 2.145 58 0.925 1.847 2.104 59 0.997 2.013 2.031 60 1.074 2.101 1.917 61 1.157 1.923 1.755 62 1.249 1.681 1.534 63 1.345 1.344 1.226 64 1.451 0.854 0.779 65 1.567 n/a n/a 66 1.693 n/a n/a 67 1.829 n/a n/a 68 1.846 n/a n/a 69 1.199 n/a n/a Total weekly costs will be rounded to the nearest cent. If your applied work rating is Low Risk or Professional, the weekly cost of your cover is lower. To work out the weekly cost of your cover: multiply the weekly cost for Income Protection (based on a Standard work rating for your age, gender, waiting period and benefit payment period) by the relevant work rating factor below. Work rating Income Protection benefit payment period factor two years five years age 65 Low Risk 0.50 0.50 0.55 Professional 0.45 0.45 0.50 15
We re here to help Just give us a call or send us an email. 1300 300 273 8am 8pm AEST/AEDT weekdays as.select@australiansuper.com australiansuper.com/select This booklet was issued in October 2017 by AustralianSuper Pty Ltd ABN 94 006 457 987 AFSL 233788, Trustee of AustralianSuper ABN 65 714 394 898. This document is of a general nature and doesn t take into account your personal objectives, situation or needs. Before making a decision about AustralianSuper, consider your financial requirements and read our Product Disclosure Statement, available at australiansuper.com/select or by calling 1300 300 273. SuperRatings doesn t issue, sell, guarantee or underwrite this product. Go to superratings.com.au for details of its ratings criteria. More information about our awards is available at australiansuper.com/ratings 1287.5 10/17 ISS3