Your insurance options

The insurance options available to you with ACSRF will depend on your category of membership. Refer to your last benefit statement to determine your member category or contact your local Fund office.

• Permanent members with a sponsoring employer automatically receive 3 units of Death and TPD cover ACSRF also automatically provides units of TSC (each unit of TSC is equal to a salary of up to $15,000.) to cover a salary (up to $180,000 pa) on joining a sponsoring employer and choosing ACSRF.
• Casual members with a sponsoring employer will automatically receive 3 units of Death and TPD cover. Casual members will also receive 1 unit of TSC to cover a salary up to $15,000 per annum. If your membership category changes from Permanent to Casual, you can now keep the same number of Death, TPD and TSC units you held as a Permanent member.
• If you finish work with a sponsoring employer, your membership category will changed to Retained. You will keep the same number of Death and TPD units as you held in your previous category of membership. Your TSC units will continue for six months after the last employer contribution was received.
• If you leave a sponsoring employer to work for a non-sponsoring external employer, you will keep the same number of Death, TPD and TSC units that you held in your previous category of membership.
• Personal members must apply for insurance cover. You can apply for Death cover up to $5 million, TPD cover up to $2 million and TSC cover of up to $25,000 per month.

For more detailed information regarding insurances available with ACSRF, please refer to the Fund's Product Disclosure Statement and the Your insurance options fact sheet, or contact your local ACSRF office.

All insurance cover provided by the Fund to members is subject to the terms and conditions of ACSRF’s insurance policies.