Salary Continuance Cover applies if you have suffered an injury or illness that stops you from performing one or more of the duties of your regular occupation necessary to produce income, as confirmed by a Medical Practitioner.
You are entitled to insure yourself up to 85% of your salary* (10% of which will be paid to your superannuation account with this Fund in the event of a claim where you have insured up to the maximum level of 85% of salary). Upon acceptance of a claim the Fund’s insurer would pay a monthly benefit after a 30 day waiting period for up to 24 months.
*Note: Your actual benefit on claim may be reduced by any entitlements you have under other disability injury or sickness or by the receipt of government benefits, social security, workcover compensation or other statutory accident compensation scheme payments.