Contents 01 Protect yourself and

Transcription

1 Insurance handbook for Cbus Industry Super Auth. No September 2014 The information in this document forms part of the Product Disclosure Statement for Cbus Industry Super of 8 September Contents 01 Protect yourself and your family with Cbus insurance 3 02 Insurance cover snapshot 4 03 Default insurance cover 6 04 About Death and TPD cover 8 05 Changing or increasing your cover When does your cover stop? Restarting cover after it s been cancelled or expired Making an insurance claim Insurance definitions Need help to sort out your insurance? Other questions about your super? /14

2 Auth. No In this Product Disclosure Statement: refers to incorporated by reference materials refers to important information for you to note Cbus Trustee: United Super Pty Ltd ABN AFSL Cbus ABN MySuper authorisation This Product Disclosure Statement (PDS) is a summary of significant information about Cbus and contains a number of references to important information (each of which forms part of this PDS). Information marked with a is important for you to note. You should consider this information before making a decision. The information provided is general information only and does not take into account your financial situation or needs. You should obtain financial advice tailored to your own personal circumstances. If you want a printed copy of the PDS or any material incorporated by reference call our Service Centre on or visit Please note the information in this PDS is current as at 8 September 2014 and is subject to change between the time you read it and when you join Cbus. For updated information visit our website or call our Service Centre. with Cbus 3 Together we ll look after your future Our members work in some of the toughest conditions of any industry. That s why we believe insurance is essential to make sure your income and your family s welfare are protected 24 hours a day, seven days a week. This handbook tells you all about insurance through Cbus Industry Super. When you join Cbus Industry Super, you may receive cover automatically for Death and Total and Permanent Disablement (TPD). If you need more information or help, contact us on or [email protected] Important information The information in this Insurance Handbook is current at the time of printing but may be subject to change due to amendments to legislation, Fund rules or other causes. You can access the most up-to-date information at or call the Service Centre on A copy of this information will be provided to you on request free of charge. You will be advised of any change to the information that is materially adverse through the Fund s member magazine Cbus News or via a new Insurance Handbook or Product Disclosure Statement (PDS). This Insurance Handbook sets out the main features and benefits of insurance in Cbus Industry Super. Please read it thoroughly. This Insurance Handbook has been prepared and issued on 8 September 2014 by Cbus Trustee: United Super Pty Ltd. ABN AFSL Cbus ABN This document replaces the previous insurance information provided in the Insurance handbook for Cbus Industry Super dated 1 July All insurance is issued under the insurance policy terms and conditions and is subject to Cbus and the Insurer s approval. The Fund s Insurer is Hannover Life Re of Australasia Ltd ABN General advice warning This information is about Cbus. It doesn t take into account your specific needs, so you should look at your own financial position, objectives and requirements before making any financial decisions. Read the Industry Super Product Disclosure Statement to decide whether Cbus is right for you. To obtain a copy or if you require referral to a professional Financial Planner who does not charge commissions, please call Privacy Your information is private. Cbus takes the utmost care with your personal information. Cbus collects personal information to manage memberships, claims and benefit payments. You can access a copy of our Privacy Policy and Personal Information Collection Statements at or by calling our Service Centre on The information in this document forms part of the Product Disclosure Statement for Cbus Industry Super of 8 September Join Cbus Industry Super Product Disclosure Statement: 8 September [email protected] Contents 01 About Cbus 2 02 How super works 2 03 Benefits of investing 04 Risks of super 3 05 How we invest your money 4 06 Fees and costs 4 07 How super is taxed 5 08 Insurance in your super 6 09 How to open an account 8 10 Other information /14

3 01 Protect yourself and your family with Cbus insurance Insurance is one of the best ways you can protect your future. It s about looking after yourself and your family if illness or an accident stops you from working. That s why Cbus believes insurance is essential for all our members. Affordable insurance, around the clock. You re covered 24 hours a day, seven days a week Easy to set up Affordable Premiums (costs) are paid out of your super, not your bank account You can choose the type and amount of cover you need Cover designed for Cbus members You can check your cover online anywhere, anytime Whether you re at work or at home, you ll be protected If you re eligible, you get cover when you join Cbus and you don t have to show proof of your health to get it Because we buy our insurance as a group, costs are generally lower than for insurance you buy as an individual Your super covers the cost of your insurance so you don t need to find room in your budget Because everyone s needs are different, you can tailor your cover to suit your needs Depending on what work you do, Cbus offers three different scales to cover the risks in different occupations Register for our online member SuperSite to see your insurance cover whenever you need to. To register: Call us on for your password When you have it, log in to Insurance handbook for Cbus Industry Super 3

4 02 Insurance cover snapshot What types of cover can I get through Cbus Industry Super? You can get two types of cover: Death cover Total and Permanent Disablement (TPD) cover Insurance FAQs Death cover provides a lump sum payment (on top of your account balance) if you die or you are diagnosed with a terminal illness that is likely to result in your death within 12 months of obtaining certification. TPD cover provides a lump sum payment (on top of your account balance) if you can never work again due to Illness or Injury and you meet the TPD definition under the Cbus Insurance Policy. TPD cover does not cover you if you are temporarily or partially disabled. This means it won t cover you if you have to stop work due to an Illness or Injury, but can later return to work in your job or any other job which you are reasonably qualified to do based on your education, training and experience. How much cover can I have? The amount and type of cover you can have will depend on your age, the number of insurance units you choose and your occupation category. How do I get insurance cover? Default cover (see page 6) The first time you join Cbus Industry Super, you may be eligible to receive Death and TPD insurance cover without having to provide any health evidence. This is called Default cover. You can apply to change your Default cover at any time after you join (see page 16 for details). When does my cover start? Your Default cover will start automatically when Cbus receives the first On-Time Employer Contribution for you, as long as: Cbus accepts you as a member of Cbus Industry Super, and you are eligible for insurance cover (see page 6) Who pays for my cover? You pay the cost ( premium ) of your cover out of your super account balance each month, as long as your cover hasn t stopped for one of the reasons outlined on page 21. How are the premiums calculated? The total premium amount (cost) you pay will depend on how many insurance cover units you choose, the type of cover you receive and your occupation category. How much cover do I need? The Default cover you receive when you join Cbus may not be enough to cover your needs. If it isn t, you can apply to change it (see Changing or increasing your cover on page 14). Before you choose how much cover you want, think carefully about what financial support you or your family would need if you died before you retire or could never work again. Think about: income how much you earn today (and what you could be earning in the future) dependants do you have children or other financial dependants? debts do you have a mortgage, loan or other debts? assets do you own any property or shares? How to work out your cover needs Count how many years until you retire and multiply that by how much you earn. If you lost your income, this is a simple calculation of the amount you can no longer provide. To your family this means food, clothes, education, mortgage repayments and being able to afford day-to-day living. If you were permanently disabled, add in expenses including medical bills or needing a full time carer. Income Protection Cover You cannot apply for Income Protection (IP) cover through Cbus Industry Super, but you can apply for it through the Cbus Income Continuance Portfolio *. IP cover can give you a regular income if you can t work because you have had an accident or become ill. Because IP cover is provided outside of Cbus, the insurance costs (premiums) are paid by you directly to the insurer (not from your Cbus account). For more information call Cbus Income Continuance Portfolio on * The Insurer of this product is Wesfarmers General Insurance Ltd ABN AFSL , trading as Lumley Insurance. 4 Insurance handbook for Cbus Industry Super

5 Insurance terms: how to find out what they mean When you see an insurance term written in bold italics like this: On-Time you can find its meaning in the insurance definitions section on pages Need help to choose your cover? Cbus can help you work out how much, or what type, of cover can meet your needs. You can: Try our handy insurance calculator at calculators for a snapshot of what you might need. Call our Service Centre on and speak to the Cbus Advice Team. If you need more detailed personal advice, we can refer you to an accredited financial planner who does not charge commissions and who can give you an upfront, obligation free quote if you want a full financial plan. Insurance handbook for Cbus Industry Super 5

6 03 Default insurance cover When you turn 21 What is Default cover? Default cover is the level and type of cover you automatically receive when you first become a Cbus Industry Super member (as long as you re eligible). You ll receive Default cover under the Manual scale (see page 10). The number of Default units you receive depends on your age as shown below: Default insurance cover as at 1July 2014* Age Units Cost of Default insurance cover years years 65 but less than 70 2 units of Manual Death and TPD 4 units of Manual Death and TPD 4 units of Manual Death only $7.16 per week ($3.58 per unit) $14.32 per week ($3.58 per unit) $5.32 per week ($1.33 per unit) * Existing members may have different cover as the Default levels have changed over time. How much is your Default cover worth? The table below shows the amount of money (benefit) your Default cover may pay based on your age next birthday (ANB). Your age next birthday is the age you are today plus one. For example if your current age is 45, your age next birthday is = 46. Manual Default Cover Age Next Birthday Death TPD Age Next Birthday Death TPD $104,000 $52, $92,000 $46, $208,000 $104, $84,000 $42, $192,000 $96, $76,000 $38, $176,000 $88, $68,000 $34, $158,000 $79, $60,000 $30, $140,000 $70, $50,000 $0 56 $132,000 $66, $40,000 $0 57 $124,000 $62, $32,000 $0 58 $116,000 $58, $24,000 $0 59 $108,000 $54, $24,000 $0 60 $100,000 $50,000 Default cover for members under age 21 If you are under 21 when you first join Cbus You ll automatically get 2 units of Default (Manual) insurance cover (as long as you re eligible). Your cover will automatically be increased to 4 units, unless you have: already applied for 4 or more units before your 21st birthday, or told Cbus you wish to stay on 2 units after your 21st birthday, or decreased your cover to 1 unit before your 21st birthday, or cancelled your cover. Am I eligible for Default cover? You must meet some conditions to be eligible for Default cover through Cbus Industry Super. You ll receive cover if: Cbus receives an On-Time Employer Contribution for you, and Cbus accepts you as a member of Cbus Industry Super, and you meet all the eligibility criteria for cover set out below. If you haven t filled in a Membership Application form, you ll still receive Default cover as long as your employer gives Cbus your full name, address and date of birth when they make an On-Time Employer Contribution on your behalf. Important note: Your eligibility for cover will be checked when you make an insurance claim, and your benefit payment may change or be denied if you did not give correct details when you joined Cbus Industry Super. You ll receive Default Death and TPD cover as long as you are: Age 15 or over and under age 65 for TPD cover under age 70 for Death cover; and Not currently applying for, eligible to receive or have not been paid a benefit for terminal illness from any super fund or insurance policy; and Not currently applying for, eligible to receive or have not been paid a benefit for TPD from any super fund or insurance policy; and In Active Employment on the date your cover starts. If you are under age 15 * or over age 70, you will not be eligible for any insurance cover. If you are aged between 65 and 70, you will only be eligible for Death cover. If you don t meet this condition, you will not be eligible for any insurance cover. If you don t meet this condition, you will only be eligible for Death cover. If you don t meet this condition, you will only receive Death and New Events TPD cover until you are in Active Employment, at which time you will receive TPD cover for all events. * You are not eligible to join Cbus or eligible for any insurance cover if you are under age Insurance handbook for Cbus Industry Super

7 Can I decrease or cancel my Default cover? Cbus believes members should have insurance cover to protect themselves and their family. However, you can decrease or cancel your Default cover if it doesn t meet your needs. You can only decrease or cancel your cover by completing an Application to decrease or cancel insurance cover (or call for a copy). You can choose to cancel all your cover, or to cancel your TPD and keep your Death cover. You cannot have TPD cover without Death cover. Until we receive your request to decrease or cancel your cover, any Default cover you receive when you join will stay in place (as long as your cover doesn t stop for another reason see page 21). You should know that if you later change your mind and want cover, you ll need to complete an Application to Increase Insurance Cover form applicable to your occupation category and provide information about your health. Any increase in your cover will be subject to the Insurer and Cbus accepting your application. Not sure if you have Default cover? You can check how much cover you have on your most recent Cbus Annual Benefit Statement, online or call our Service Centre on We strongly suggest you speak to Cbus on before you decide to decrease or cancel your cover. Insurance handbook for Cbus Industry Super 7

8 04 About Death and TPD cover How much cover can Death & TPD insurance give you? Before you work out how many units of cover you want, you need to know how much money each one is worth. This will depend on: your age, and which occupation category you get cover under. The tables on the following pages will help you work out how much Death and TPD insurance is right for you and your family. Occupation categories As part of the Membership Application form, we ask you some questions about your job. Your answers determine which of the following occupation categories you can be covered under. Each category has its own insurance scale which tells you how much each unit of cover is worth. Some categories have a different premium rate or cover expiry age. To see how much each unit of cover is worth under the different occupation categories, check the insurance scales on page You can apply to change your occupation category later on see page 19 for details. Insurance occupation category Manual Non-Manual Electech Description This category applies if you confirm that you: perform any manual (physical) work duties, or spend more than 20% of your working time outside of an office environment. Examples Carpenter, Plasterer, Bricklayer, Electrician, Plumber Note: If you don t answer the occupation questions on the Membership Application form, you ll be covered under the Manual occupation category. This category applies if you confirm that you: perform work of a clerical/ administrative/ management/ professional nature, and perform a minimum of 80% of work entirely in an office environment, and do not perform any manual (physical) work. Examples Accountant, Bookkeeper, Quantity Surveyor, Architect This category applies if you confirm you are currently employed within the electrical and communications industries (as defined within the National Electrical, Electronic and Communications Contracting Industry Award 1998). Note: if you work in this industry, you can also choose cover under the Manual or Non-Manual insurance category (as long as you re eligible). Cover Period Death (age next birthday) (age next birthday) (age next birthday) Cover Period TPD (age next birthday) (age next birthday) (age next birthday) Death and TPD premiums per unit per week Death only premiums per unit per week TPD only premiums per unit per week (See Extra TPD units for Manual members on page 14 for more information)* $3.58 $3.58 $2.62 $1.33 $1.55 $1.13 $2.25* N/A N/A 8 Insurance handbook for Cbus Industry Super

9 Insurance scales How to read the scales Look up your age next birthday on the table that matches your Insurance occupation category (from page 8). The more units of cover you have, the higher the amount you could receive if you make a claim. However, that amount will reduce as you get older. The weekly premium (cost) also increases with the number of units you choose, so this will come out of your account balance. Insurance handbook for Cbus Industry Super 9

10 04 About Death and TPD cover (continued) Manual scale This is your scale if you: perform manual (physical) work, or spend more than 20% of your working time outside an office environment. You ll get Manual cover as your Default cover, unless you answer the occupation questions on the Membership Application form and ask to be covered, and are eligible for cover, under the Non-Manual or Electech occupation categories. Age next birthday 1 Unit 2 Units 3 Units 4 Units 5 Units $3.58 a week $7.16 a week $10.74 a week $14.32 a week $17.90 a week Death TPD Death TPD Death TPD Death TPD Death TPD $52,000 $26,000 $104,000 $52,000 $156,000 $78,000 $208,000 $104,000 $260,000 $130, $48,000 $24,000 $96,000 $48,000 $144,000 $72,000 $192,000 $96,000 $240,000 $120, $44,000 $22,000 $88,000 $44,000 $132,000 $66,000 $176,000 $88,000 $220,000 $110, $39,500 $19,750 $79,000 $39,500 $118,500 $59,250 $158,000 $79,000 $197,500 $98, $35,000 $17,500 $70,000 $35,000 $105,000 $52,500 $140,000 $70,000 $175,000 $87, $33,000 $16,500 $66,000 $33,000 $99,000 $49,500 $132,000 $66,000 $165,000 $82, $31,000 $15,500 $62,000 $31,000 $93,000 $46,500 $124,000 $62,000 $155,000 $77, $29,000 $14,500 $58,000 $29,000 $87,000 $43,500 $116,000 $58,000 $145,000 $72, $27,000 $13,500 $54,000 $27,000 $81,000 $40,500 $108,000 $54,000 $135,000 $67, $25,000 $12,500 $50,000 $25,000 $75,000 $37,500 $100,000 $50,000 $125,000 $62, $23,000 $11,500 $46,000 $23,000 $69,000 $34,500 $92,000 $46,000 $115,000 $57, $21,000 $10,500 $42,000 $21,000 $63,000 $31,500 $84,000 $42,000 $105,000 $52, $19,000 $9,500 $38,000 $19,000 $57,000 $28,500 $76,000 $38,000 $95,000 $47, $17,000 $8,500 $34,000 $17,000 $51,000 $25,500 $68,000 $34,000 $85,000 $42, $15,000 $7,500 $30,000 $15,000 $45,000 $22,500 $60,000 $30,000 $75,000 $37, $12,500 $ - $25,000 $ - $37,500 $ - $50,000 $ - $62,500 $ - 67 $10,000 $ - $20,000 $ - $30,000 $ - $40,000 $ - $50,000 $ - 68 $8,000 $ - $16,000 $ - $24,000 $ - $32,000 $ - $40,000 $ $6,000 $ - $12,000 $ - $18,000 $ - $24,000 $ - $30,000 $ - Age next birthday 6 Units 7 Units 8 Units 9 Units 10 Units $21.48 a week $25.06 a week $28.64 a week $32.22 a week $35.80 a week Death TPD Death TPD Death TPD Death TPD Death TPD $312,000 $156,000 $364,000 $182,000 $416,000 $208,000 $468,000 $234,000 $520,000 $260, $288,000 $144,000 $336,000 $168,000 $384,000 $192,000 $432,000 $216,000 $480,000 $240, $264,000 $132,000 $308,000 $154,000 $352,000 $176,000 $396,000 $198,000 $440,000 $220, $237,000 $118,500 $276,500 $138,250 $316,000 $158,000 $355,500 $177,750 $395,000 $197, $210,000 $105,000 $245,000 $122,500 $280,000 $140,000 $315,000 $157,500 $350,000 $175, $198,000 $99,000 $231,000 $115,500 $264,000 $132,000 $297,000 $148,500 $330,000 $165, $186,000 $93,000 $217,000 $108,500 $248,000 $124,000 $279,000 $139,500 $310,000 $155, $174,000 $87,000 $203,000 $101,500 $232,000 $116,000 $261,000 $130,500 $290,000 $145, $162,000 $81,000 $189,000 $94,500 $216,000 $108,000 $243,000 $121,500 $270,000 $135, $150,000 $75,000 $175,000 $87,500 $200,000 $100,000 $225,000 $112,500 $250,000 $125, $138,000 $69,000 $161,000 $80,500 $184,000 $92,000 $207,000 $103,500 $230,000 $115, $126,000 $63,000 $147,000 $73,500 $168,000 $84,000 $189,000 $94,500 $210,000 $105, $114,000 $57,000 $133,000 $66,500 $152,000 $76,000 $171,000 $85,500 $190,000 $95, $102,000 $51,000 $119,000 $59,500 $136,000 $68,000 $153,000 $76,500 $170,000 $85, $90,000 $45,000 $105,000 $52,500 $120,000 $60,000 $135,000 $67,500 $150,000 $75, $75,000 $ - $87,500 $ - $100,000 $ - $112,500 $ - $125,000 $ - 67 $60,000 $ - $70,000 $ - $80,000 $ - $90,000 $ - $100,000 $ - 68 $48,000 $ - $56,000 $ - $64,000 $ - $72,000 $ - $80,000 $ $36,000 $ - $42,000 $ - $48,000 $ - $54,000 $ - $60,000 $ - Death only cover $1.33 a week per unit TPD only cover $2.25 a week per unit * * You can only have TPD cover with Death cover see Extra TPD cover for Manual members on page 14 for details. 10 Insurance handbook for Cbus Industry Super

11 Non-Manual scale This is your scale if you: perform work of a clerical/administrative/management/professional nature, and perform a minimum of 80% of work entirely in an office environment, and do not perform any manual (physical) work. You ll be covered under this scale if you choose the Non-Manual cover option on your Membership Application form and your application has been accepted by the Insurer or you have completed an Application to change occupation category - Industry Super form which has been accepted by the Insurer. Age next birthday 1 Unit 2 Units 3 Units 4 Units 5 Units $3.58 a week $7.16 a week $10.74 a week $14.32 a week $17.90 a week Death TPD Death TPD Death TPD Death TPD Death TPD $122,500 $122,500 $245,000 $245,000 $367,500 $367,500 $490,000 $490,000 $612,500 $612, $119,400 $119,400 $238,800 $238,800 $358,200 $358,200 $477,600 $477,600 $597,000 $597, $116,100 $116,100 $232,200 $232,200 $348,300 $348,300 $464,400 $464,400 $580,500 $580, $112,900 $112,900 $225,800 $225,800 $338,700 $338,700 $451,600 $451,600 $564,500 $564, $109,400 $109,400 $218,800 $218,800 $328,200 $328,200 $437,600 $437,600 $547,000 $547, $105,700 $105,700 $211,400 $211,400 $317,100 $317,100 $422,800 $422,800 $528,500 $528, $102,000 $102,000 $204,000 $204,000 $306,000 $306,000 $408,000 $408,000 $510,000 $510, $96,700 $96,700 $193,400 $193,400 $290,100 $290,100 $386,800 $386,800 $483,500 $483, $91,500 $91,500 $183,000 $183,000 $274,500 $274,500 $366,000 $366,000 $457,500 $457, $86,200 $86,200 $172,400 $172,400 $258,600 $258,600 $344,800 $344,800 $431,000 $431, $81,000 $81,000 $162,000 $162,000 $243,000 $243,000 $324,000 $324,000 $405,000 $405, $75,500 $75,500 $151,000 $151,000 $226,500 $226,500 $302,000 $302,000 $377,500 $377, $72,400 $72,400 $144,800 $144,800 $217,200 $217,200 $289,600 $289,600 $362,000 $362, $69,300 $69,300 $138,600 $138,600 $207,900 $207,900 $277,200 $277,200 $346,500 $346, $66,200 $66,200 $132,400 $132,400 $198,600 $198,600 $264,800 $264,800 $331,000 $331, $63,200 $63,200 $126,400 $126,400 $189,600 $189,600 $252,800 $252,800 $316,000 $316, $61,500 $61,500 $123,000 $123,000 $184,500 $184,500 $246,000 $246,000 $307,500 $307, $61,000 $61,000 $122,000 $122,000 $183,000 $183,000 $244,000 $244,000 $305,000 $305, $60,400 $60,400 $120,800 $120,800 $181,200 $181,200 $241,600 $241,600 $302,000 $302, $60,200 $60,200 $120,400 $120,400 $180,600 $180,600 $240,800 $240,800 $301,000 $301, $60,100 $60,100 $120,200 $120,200 $180,300 $180,300 $240,400 $240,400 $300,500 $300, $59,800 $47,300 $119,600 $94,600 $179,400 $141,900 $239,200 $189,200 $299,000 $236, $55,300 $43,500 $110,600 $87,000 $165,900 $130,500 $221,200 $174,000 $276,500 $217, $50,800 $39,700 $101,600 $79,400 $152,400 $119,100 $203,200 $158,800 $254,000 $198, $45,700 $33,900 $91,400 $67,800 $137,100 $101,700 $182,800 $135,600 $228,500 $169, $42,200 $26,500 $84,400 $53,000 $126,600 $79,500 $168,800 $106,000 $211,000 $132, $39,600 $26,500 $79,200 $53,000 $118,800 $79,500 $158,400 $106,000 $198,000 $132, $37,000 $23,800 $74,000 $47,600 $111,000 $71,400 $148,000 $95,200 $185,000 $119, $34,400 $21,100 $68,800 $42,200 $103,200 $63,300 $137,600 $84,400 $172,000 $105, $31,600 $18,500 $63,200 $37,000 $94,800 $55,500 $126,400 $74,000 $158,000 $92, $29,000 $15,800 $58,000 $31,600 $87,000 $47,400 $116,000 $63,200 $145,000 $79, $26,600 $13,300 $53,200 $26,600 $79,800 $39,900 $106,400 $53,200 $133,000 $66, $24,200 $12,100 $48,400 $24,200 $72,600 $36,300 $96,800 $48,400 $121,000 $60, $22,000 $11,000 $44,000 $22,000 $66,000 $33,000 $88,000 $44,000 $110,000 $55, $20,500 $10,250 $41,000 $20,500 $61,500 $30,750 $82,000 $41,000 $102,500 $51, $20,500 $10,250 $41,000 $20,500 $61,500 $30,750 $82,000 $41,000 $102,500 $51, $14,400 $ - $28,800 $ - $43,200 $ - $57,600 $ - $72,000 $ - 67 $11,500 $ - $23,000 $ - $34,500 $ - $46,000 $ - $57,500 $ - 68 $9,400 $ - $18,800 $ - $28,200 $ - $37,600 $ - $47,000 $ $8,200 $ - $16,400 $ - $24,600 $ - $32,800 $ - $41,000 $ - Death only cover $1.55 a week per unit Insurance handbook for Cbus Industry Super 11

12 04 About Death and TPD cover (continued) Non-Manual scale continued Age next birthday 6 Units 7 Units 8 Units 9 Units 10 Units $21.48 a week $25.06 a week $28.64 a week $32.22 a week $35.80 a week Death TPD Death TPD Death TPD Death TPD Death TPD $735,000 $735,000 $857,500 $857,500 $980,000 $980,000 $1,102,500 $1,102,500 $1,225,000 $1,225, $716,400 $716,400 $835,800 $835,800 $955,200 $955,200 $1,074,600 $1,074,600 $1,194,000 $1,194, $696,600 $696,600 $812,700 $812,700 $928,800 $928,800 $1,044,900 $1,044,900 $1,161,000 $1,161, $677,400 $677,400 $790,300 $790,300 $903,200 $903,200 $1,016,100 $1,016,100 $1,129,000 $1,129, $656,400 $656,400 $765,800 $765,800 $875,200 $875,200 $984,600 $984,600 $1,094,000 $1,094, $634,200 $634,200 $739,900 $739,900 $845,600 $845,600 $951,300 $951,300 $1,057,000 $1,057, $612,000 $612,000 $714,000 $714,000 $816,000 $816,000 $918,000 $918,000 $1,020,000 $1,020, $580,200 $580,200 $676,900 $676,900 $773,600 $773,600 $870,300 $870,300 $967,000 $967, $549,000 $549,000 $640,500 $640,500 $732,000 $732,000 $823,500 $823,500 $915,000 $915, $517,200 $517,200 $603,400 $603,400 $689,600 $689,600 $775,800 $775,800 $862,000 $862, $486,000 $486,000 $567,000 $567,000 $648,000 $648,000 $729,000 $729,000 $810,000 $810, $453,000 $453,000 $528,500 $528,500 $604,000 $604,000 $679,500 $679,500 $755,000 $755, $434,400 $434,400 $506,800 $506,800 $579,200 $579,200 $651,600 $651,600 $724,000 $724, $415,800 $415,800 $485,100 $485,100 $554,400 $554,400 $623,700 $623,700 $693,000 $693, $397,200 $397,200 $463,400 $463,400 $529,600 $529,600 $595,800 $595,800 $662,000 $662, $379,200 $379,200 $442,400 $442,400 $505,600 $505,600 $568,800 $568,800 $632,000 $632, $369,000 $369,000 $430,500 $430,500 $492,000 $492,000 $553,500 $553,500 $615,000 $615, $366,000 $366,000 $427,000 $427,000 $488,000 $488,000 $549,000 $549,000 $610,000 $610, $362,400 $362,400 $422,800 $422,800 $483,200 $483,200 $543,600 $543,600 $604,000 $604, $361,200 $361,200 $421,400 $421,400 $481,600 $481,600 $541,800 $541,800 $602,000 $602, $360,600 $360,600 $420,700 $420,700 $480,800 $480,800 $540,900 $540,900 $601,000 $601, $358,800 $283,800 $418,600 $331,100 $478,400 $378,400 $538,200 $425,700 $598,000 $473, $331,800 $261,000 $387,100 $304,500 $442,400 $348,000 $497,700 $391,500 $553,000 $435, $304,800 $238,200 $355,600 $277,900 $406,400 $317,600 $457,200 $357,300 $508,000 $397, $274,200 $203,400 $319,900 $237,300 $365,600 $271,200 $411,300 $305,100 $457,000 $339, $253,200 $159,000 $295,400 $185,500 $337,600 $212,000 $379,800 $238,500 $422,000 $265, $237,600 $159,000 $277,200 $185,500 $316,800 $212,000 $356,400 $238,500 $396,000 $265, $222,000 $142,800 $259,000 $166,600 $296,000 $190,400 $333,000 $214,200 $370,000 $238, $206,400 $126,600 $240,800 $147,700 $275,200 $168,800 $309,600 $189,900 $344,000 $211, $189,600 $111,000 $221,200 $129,500 $252,800 $148,000 $284,400 $166,500 $316,000 $185, $174,000 $94,800 $203,000 $110,600 $232,000 $126,400 $261,000 $142,200 $290,000 $158, $159,600 $79,800 $186,200 $93,100 $212,800 $106,400 $239,400 $119,700 $266,000 $133, $145,200 $72,600 $169,400 $84,700 $193,600 $96,800 $217,800 $108,900 $242,000 $121, $132,000 $66,000 $154,000 $77,000 $176,000 $88,000 $198,000 $99,000 $220,000 $110, $123,000 $61,500 $143,500 $71,750 $164,000 $82,000 $184,500 $92,250 $205,000 $102, $123,000 $61,500 $143,500 $71,750 $164,000 $82,000 $184,500 $92,250 $205,000 $102, $86,400 $ - $100,800 $ - $115,200 $ - $129,600 $ - $144,000 $ - 67 $69,000 $ - $80,500 $ - $92,000 $ - $103,500 $ - $115,000 $ - 68 $56,400 $ - $65,800 $ - $75,200 $ - $84,600 $ - $94,000 $ $49,200 $ - $57,400 $ - $65,600 $ - $73,800 $ - $82,000 $ - Death only cover $1.55 a week per unit 12 Insurance handbook for Cbus Industry Super

13 Electech scale This is your scale if you work in the electrical and communications industry (as defined within the National Electrical, Electronic and Communications Contracting Industry Award 1998). You ll be covered under this scale if you choose the Electech cover option on your Membership Application form and your application has been accepted by the Insurer or you have completed an Application to change occupation category - Industry Super form which has been accepted by the Insurer. Age next birthday 1 Unit 2 Units 3 Units 4 Units 5 Units $2.62 a week $5.24 a week $7.86 a week $10.48 a week $13.10 a week Death TPD Death TPD Death TPD Death TPD Death TPD $50,000 $50,000 $100,000 $100,000 $150,000 $150,000 $200,000 $200,000 $250,000 $250, $50,000 $46,000 $100,000 $92,000 $150,000 $138,000 $200,000 $184,000 $250,000 $230, $50,000 $42,000 $100,000 $84,000 $150,000 $126,000 $200,000 $168,000 $250,000 $210, $50,000 $37,500 $100,000 $75,000 $150,000 $112,500 $200,000 $150,000 $250,000 $187, $50,000 $33,000 $100,000 $66,000 $150,000 $99,000 $200,000 $132,000 $250,000 $165, $50,000 $28,500 $100,000 $57,000 $150,000 $85,500 $200,000 $114,000 $250,000 $142, $50,000 $24,000 $100,000 $48,000 $150,000 $72,000 $200,000 $96,000 $250,000 $120, $50,000 $19,500 $100,000 $39,000 $150,000 $58,500 $200,000 $78,000 $250,000 $97, $50,000 $15,000 $100,000 $30,000 $150,000 $45,000 $200,000 $60,000 $250,000 $75, $50,000 $10,500 $100,000 $21,000 $150,000 $31,500 $200,000 $42,000 $250,000 $52, $50,000 $5,000 $100,000 $10,000 $150,000 $15,000 $200,000 $20,000 $250,000 $25, $10,000 $5,000 $20,000 $10,000 $30,000 $15,000 $40,000 $20,000 $50,000 $25,000 Age next birthday 6 Units 7 Units 8 Units 9 Units 10 Units $15.72 a week $18.34 a week $20.96 a week $23.58 a week $26.20 a week Death TPD Death TPD Death TPD Death TPD Death TPD $300,000 $300,000 $350,000 $350,000 $400,000 $400,000 $450,000 $450,000 $500,000 $500, $300,000 $276,000 $350,000 $322,000 $400,000 $368,000 $450,000 $414,000 $500,000 $460, $300,000 $252,000 $350,000 $294,000 $400,000 $336,000 $450,000 $378,000 $500,000 $420, $300,000 $225,000 $350,000 $262,500 $400,000 $300,000 $450,000 $337,500 $500,000 $375, $300,000 $198,000 $350,000 $231,000 $400,000 $264,000 $450,000 $297,000 $500,000 $330, $300,000 $171,000 $350,000 $199,500 $400,000 $228,000 $450,000 $256,500 $500,000 $285, $300,000 $144,000 $350,000 $168,000 $400,000 $192,000 $450,000 $216,000 $500,000 $240, $300,000 $117,000 $350,000 $136,500 $400,000 $156,000 $450,000 $175,500 $500,000 $195, $300,000 $90,000 $350,000 $105,000 $400,000 $120,000 $450,000 $135,000 $500,000 $150, $300,000 $63,000 $350,000 $73,500 $400,000 $84,000 $450,000 $94,500 $500,000 $105, $300,000 $30,000 $350,000 $35,000 $400,000 $40,000 $450,000 $45,000 $500,000 $50, $60,000 $30,000 $70,000 $35,000 $80,000 $40,000 $90,000 $45,000 $100,000 $50,000 Death only cover $1.13 a week per unit Insurance handbook for Cbus Industry Super 13

14 05 Changing or increasing your cover You can apply to change how much and what type of Death and TPD cover you have with Cbus Industry Super. Some changes you can choose without health evidence only when you first join Cbus. Others you can choose at any other time. Any change or increase in your cover will: depend on Cbus and the Insurer accepting your application, and start from the date your application is accepted (as long as you have already started to receive On-Time Employer Contributions into your Cbus account). Applying to change your cover when you join Am I eligible to change my cover when I join? If we receive your completed Industry Super Membership Application form within 6 months of becoming First Eligible, you can apply to change your cover within certain limits without providing health information. You are First Eligible from the date you started working with the first employer that pays contributions for you into Cbus. Other conditions you need to meet As well as sending in your Membership Application form so that it s received within 6 months of becoming First Eligible, you will also need to meet the following conditions to receive any extra cover. You ll receive extra cover if: you re age 15 and over but under age 65 for TPD cover (or age 70 for Electech) or under age 70 for Death cover, and you re receiving On-Time Employer Contributions into Cbus, and you re not currently applying for, eligible to receive or have not been paid a benefit for terminal illness from any super fund or insurance policy. If you don t meet this condition, you are not eligible for any cover under Cbus Industry Super, and you re not currently applying for, eligible to receive or have not been paid a benefit for TPD from any super fund or insurance policy. If you don t meet this condition, you can only apply for additional Death cover, and you complete all insurance sections of the Industry Super Membership Application and sign and date the form, and your form is received by Cbus within 31 days after you complete and sign it. Important note: If you are not in Active Employment when you sign and send in your Membership Application form, any additional cover will be limited to Death and New Events TPD cover. You ll receive full TPD cover from the date you are in Active Employment. If you apply after six months of becoming first eligible If you send in your Membership Application form after six months of becoming First Eligible, you can only receive Default cover (see page 6). However, you may be eligible to transfer your Default Manual cover to another scale (which may mean you pay less for the same amount of cover). To find out more, read How to change your occupation category after you have joined on page 19. How much extra cover can you apply for when you join? The amount of cover you can apply for without supplying health information when you join within 6 months of becoming First Eligible depends on what occupation category you may be eligible for. Total amount of cover you can apply for when you join Occupation Type of cover category Death cover TPD cover Note Manual Non-Manual Electech Up to 6 units Up to 6 units* Up to 4 units** Up to 2 units Up to 12 units Up to 6 units* Up to 4 units** Up to 2 units Your TPD cover amount cannot be more than your Death cover amount. However, you can have TPD cover equal to or less than your Death cover amount. * If your annual taxable income (see page 15) is over $100,000 ** If your annual taxable income is under $100,000 To apply for more cover use the Application to increase cover (Electech) form at Extra TPD cover for Manual members If you re covered under the Manual category and you re under age 65: you ll receive TPD cover at all ages that equals 50% of your Death cover. This means if you have 4 units of Death and TPD, your Death cover will be exactly double your TPD cover, and you can buy extra units of TPD cover to match your Death cover (within limits). Each unit of TPD only cover costs $2.25 per week, and the amount of cover you can apply for with no health evidence when you join (see the table above) is different to the amount you can apply for later. If you apply later, you ll need to complete an Application to increase insurance cover for Manual occupations form and supply information about your health. See page 16 for more information on increasing your cover after you join. 14 Insurance handbook for Cbus Industry Super

15 Limits on extra cover for Non-Manual members * If you re applying for more than 4 units of cover under the Non-Manual category, you will need to prove your Annual Taxable Income for the last financial year. If you do not provide evidence with your Membership Application form, you will be limited to 4 units of Non-Manual cover. **Annual Taxable Income means: If you re an employee your gross annual salary for the last financial year, as shown on your PAYG Payment Summary or a total remuneration package provided by your employer. If you re self-employed your annual income for the last financial year before tax, but after business expenses were deducted. Evidence of Annual Taxable Income You ll need to supply one of the following as proof of your income: 1. a pay slip that shows your annual income. (A pay slip will not be accepted if it only shows the pay for a particular pay period. It must show your annual income), or 2. a copy of your employment contract, as long as the contract was made less than 3 years ago, and is still current, or 3. a copy of your PAYG Payment Summary from the previous financial year, or 4. a copy of your taxation return showing income earned during the previous financial year. Note: If you are self-employed, only the evidence listed in points 3 or 4 will be accepted. How to apply for extra cover when you join Complete and send to Cbus your Membership Application form within 6 months of becoming First Eligible and make sure you: answer all insurance eligibility and occupation questions, and choose the number of units you want to be covered for (up to the maximum amount for your occupation category), and supply any extra information needed to assess your application. When will my extra cover start? As long as you complete and we receive your Membership Application form within 6 months of becoming First Eligible and we accept it, your extra cover will start from the date you signed your form. Insurance handbook for Cbus Industry Super 15

16 05 Changing or increasing your cover (continued) Applying to change your cover after you join You can apply to increase your cover at any time by completing an Application to increase insurance cover form applicable to your occupation category. Increases to cover above the Default level depend on approval by Cbus Insurer. Limits on Death and TPD cover you can apply for There s a limit (maximum cover level) on the amount of Death and TPD cover you can apply for under Cbus Industry Super: if you are over age 15 and under 65, you can apply for up to $5 million Death cover and $2 million TPD cover. (Note: The maximum $2 million TPD cover applies to all cover you hold with any super fund or insurance policy, not just cover with Cbus) the level of your TPD cover cannot be more than the level of your Death cover if you re a Non-Manual member, the amount of TPD cover you can have is limited to 7 times your Annual Taxable Income. The insurer may not approve your application if the number of units you choose provides TPD cover that s more than 7 times your Annual Taxable Income. if you re a Manual member: - You can apply for equal Death and TPD cover up to a maximum of 10 units of Death and 20 units of TPD. For example, at age 40: 10 units of Death = $520,000 and 20 units of TPD = $520, You don t need to have equal Death and TPD cover if you don t want to. In fact you may apply to have any combination of Death and TPD cover you want (subject to the limits outlined above) provided that the dollar value of your TPD cover doesn t exceed that of your Death cover. For example, at age 40 you could choose to have 10 units of Death = $520,000 and 15 units of TPD = $390,000 if you wish. - If you need more than 10 units of Death cover and 20 units of TPD cover, then for each additional unit of Death cover you wish to apply for you may only apply for 1 additional unit of TPD cover - not 2 units. This means you cannot choose to have an equal dollar value of Death and TPD cover if you want more that 10 units of Death and 20 units of TPD cover Example For example at age 40; if you wanted to apply for 15 units of Death cover the maximum number of TPD units you could apply for would be 25 as shown in the following table: How the Insurer decides if you can increase your cover The Insurer may ask you to give more health information or to have medical tests to help them assess your application. Your increased cover will depend on the Insurer accepting your application. If they accept it, we ll let you know in writing what date your increased cover starts and the occupation category you re covered under. Duty of Disclosure and Non-Disclosure You need to read the important information in the Membership Application form about your Duty of Disclosure and what can happen on Non-Disclosure. The Insurer can refuse to pay a claim if you did not tell them on your application form about any issues you currently have, or have had in the past, relevant to your application. The Insurer will only consider your application if: you re age 15 or over and under age 65 for TPD cover (or under 70 for Electech members) or under age 70 for Death cover, and your account balance can cover your increased insurance (and administration fees) for at least 12 weeks, and you are in Active Employment, and you are not currently applying for, eligible to receive or have not been paid a benefit for terminal illness from any super fund or insurance policy. If you don t meet this condition, you are not eligible for any cover under Cbus Industry Super, and you are not currently applying for, eligible to receive or have not been paid a benefit for TPD from any super fund or insurance policy. If you don t meet this condition, you can only receive extra Death cover, and you complete all sections of the Application to increase insurance cover form applicable to your occupation category and supply any other information the Insurer asks for, and Cbus receives your application no later than 31 days after you have completed, signed and dated the form. Death cover 8 units = $416, units = $520, units = $572, units = $624, units = $676, units = $728, units = $780,000 TPD Cover 8 units x 2 = 16 units ($416,000) 10 units x 2 = 20 units ($520,000) 20 units + 1 = 21 units ($546,000) 20 units + 2 = 22 units ($572,000) 20 units + 3 = 23 units ($598,000) 20 units + 4 = 24 units ($624,000) 20 units + 5 = 25 units ($650,000) You can have equal Death and TPD cover up to 10 units of Death and 20 units of TPD. You can only apply for 1 additional unit of TPD cover for each unit of Death cover above 10. How to apply for more cover after you join Complete an Application to increase insurance cover form at (or call the Cbus Service Centre on for a copy) and make sure you: answer all insurance eligibility questions, and give information about your current and past health if the insurer asks for it, and Cbus receives your application within 31 days of you completing and signing the form. Your increased cover will start from the date the Insurer accepts your application. 16 Insurance handbook for Cbus Industry Super

17 Living Events cover offer Because your insurance needs change as your life changes, Cbus gives you an easy way to increase your cover. Under the Living Events cover option, you can increase your current insurance by 2 units without providing health evidence when certain life changing events happen. What is a Living Event? Living Events include: getting married, you or your Partner giving birth or adopting a child/children, taking out a mortgage of, or increasing an existing mortgage on your permanent residence by more than, $100,000, or taking out a business loan, or increasing an existing business loan by more than $100,000. Am I eligible for a Living Events cover increase? You may be eligible if you supply all the documents outlined in the evidence section on page 18, and when you apply you must meet all the following eligibility conditions: your nominated Living Event has happened within 60 days of the date we receive your application, and you are under 55 years of age at the date the Living Event occurred, and you are in Active Employment, on the date you complete and sign your form, and you have not previously been declined cover through Cbus, and your total cover is not more than $5 million for Death and $2 million for TPD (Note: the maximum of $2 million TPD cover applies to all cover you hold, not just cover with Cbus). if you are a Non-Manual member, your TPD cover must not be more than 7 times your pre-tax annual income, and if you are currently insured for Death only cover you can only increase your Death cover, and your cover increase will be under the same terms and conditions that apply to your current cover, and you have not already had an increase for the same Living Event (for example, you can t get an increase for the birth of your second child if you got one for your first child), and you are limited to a total of three Living Event increases, and you can only get one Living Event increase in a 12-month period, and you must not be applying for, eligible to receive or have been paid a benefit for TPD or terminal illness from any super fund or insurance policy. Insurance handbook for Cbus Industry Super 17

18 05 Changing or increasing your cover (continued) Living Events cover offer (continued) The following table outlines the evidence required for each Living Event. Living Event You got married You or your partner gave birth or adopted a child/children You took out a mortgage of over $100,000 or increased your existing mortgage by over $100,000 on your permanent residence You took out a new business loan of over $100,000 or increased an existing business loan by more than $100,000 Evidence Required A copy of the marriage certificate A copy of the child s birth certificate or adoption certificate Note: Your name must appear on the birth/adoption certificate Documents from your bank on letterhead proving you have taken out a mortgage for your permanent residence including the date the loan was established. If you increased your mortgage, your documents should include the value of the previous mortgage, the effective date of the increase and the new mortgage value, whether this is with your existing or a different mortgage provider. Note: Your name must appear on the loan documents as a party to the mortgaged permanent residence. Documents from your bank on letterhead proving you have taken out a business loan including the date the loan was taken. If you have increased your business loan, your documents should include the value of the previous loan, the effective date of the increase and the new loan value, whether this is with your existing or a different loan provider. Note: Your name must appear on the loan documents as a party to the business/enterprise. How to apply for a Living Events cover increase Complete an Application to increase cover due to a Living Event form at or call the Cbus Service Centre on for a copy, and make sure you: answer all insurance eligibility questions and provide evidence of your Living Event outlined in the above table. Cbus must receive your application within 60 days from when your Living Event occurred and within 31 days of you completing and signing the form. 18 Insurance handbook for Cbus Industry Super

19 What happens next? If the Insurer accepts your application, your cover under your former super fund or insurance policy will be matched by Cbus, and rounded up to the next whole unit of cover. This is on top of any cover you may already have under Cbus Industry Super. How to transfer cover from your previous super funds If you have Death only or Death and TPD cover with another super fund or life insurance policy, you may be able to transfer it to Cbus Industry Super. Are you eligible? To be eligible to transfer your existing cover: complete all sections of the Application to transfer existing insurance cover. Cbus must receive your application within 31 days of you completing and signing the form, and attach a copy of your most recent Benefit Statement from your former super fund or life insurance company to prove your cover and the amount of cover you are insured for, and the cover you want to transfer must not have any loadings or exclusions. If it does, you won t be eligible to transfer cover to Cbus Industry Super, and if the cover is under your previous super fund, you must transfer your entire account balance from that fund to Cbus Industry Super, and you must confirm that your cover in your previous fund or insurance policy will be cancelled when your cover starts with Cbus. You won t be able to claim a benefit from Cbus if you don t cancel your old cover, and if transferring cover from your previous super fund or life insurance policy, you must not choose to continue or restart it under the former fund or any other insurance arrangement, or take up a continuation option with any super fund, and the maximum Death and TPD cover you can transfer is $1 million, and your total cover must not be more than the maximum cover levels under the Cbus policy (see Limits on Death and TPD cover you can apply for on page 16 for details), and you must confirm you re in Active Employment. If you re not in Active Employment, you cannot transfer your cover to Cbus Industry Super, and you must not be currently applying for, eligible to receive or have not been paid a benefit for TPD or a terminal illness from any super fund or insurance policy, and you must confirm you don t have, or never have had, any disease, Illness or Injury, or any other conditions (other than colds, flu or mild asthma) which: - have required more than a total of 2 weeks off work during the last 12 months, or - have happened more than twice in the last 2 years and/or are currently causing you symptoms or needing treatment. From the date your Application to transfer existing insurance cover is accepted, your cover and all terms and conditions will be based on the Cbus Insurance Policy. This is regardless of what basis of cover applied under your previous super fund or insurance policy. Important note: Cover transfers depend on the answers you give on your application form. So it s important you don t cancel your cover with your previous super fund or insurance policy until we confirm your Application to transfer existing cover has been accepted. How to apply to transfer your cover Complete an Application to transfer existing insurance cover at or call the Service Centre on for a copy, making sure you: answer all insurance eligibility questions, and attach a copy of your most recent Benefit Statement from your former super fund or life insurance company. Cbus must receive your form within 31 days of you completing and signing it. How to change your occupation category after you have joined You can apply to change your occupation category after you join Cbus if: you feel the category you re covered under is no longer right for you, or you completed your Membership Application form more than 6 months after becoming First Eligible. If you apply after you were First Eligible, your current level of Manual cover will be converted as set out in the next sections. From Manual to Non-Manual occupation category Your Manual cover s dollar value when you apply will be matched and (if necessary) rounded up to the next whole unit of Non-Manual cover. If changing to the Non-Manual category means you would have a higher level of cover than you had under the Manual category, you ll only receive the higher cover if you re in Active Employment when your Non-Manual cover starts. If you re not in Active Employment, the extra cover you receive will be for New Events Death and TPD cover until you are again in Active Employment. Insurance handbook for Cbus Industry Super 19

20 05 Changing or increasing your cover (continued) Example If you currently have 4 units of Manual cover (Default cover) and you are age 30 when you apply to change your category, you would get: Category Current Default Manual cover Applying to change to Non-Manual occupation category This category applies if you confirm that you: perform work of a clerical / administrative / management / professional nature; and perform a minimum of 80% of work entirely in an office environment; and do not perform any manual (physical)work. Applying to change to Electech occupation category This category applies if you confirm that you are currently employed within the electrical and communications industries (as defined within the National Electrical, Electronic and Communications Contracting Industry Award 1998). Number of Death units Number of TPD units Death cover $208,000 $238,800 $100,000 TPD cover $104,000 $119,400 $100,000 Premium per week $14.32 $5.13 $5.24 From Manual or Non-Manual to Electech occupation category If you have 6 or less units of Death cover and 12 or less units of TPD cover under Manual category, or 6 or less units of Death and TPD cover under the Non-Manual category, you ll receive 2 units of Electech cover. If you have previously been underwritten for any level of Manual or Non-Manual cover units which was accepted by Cbus and the Insurer, their dollar value, when you apply to change to Electech, will be matched and (if necessary) rounded up to the next whole unit of Electech cover. If changing to the Electech category means you would have a higher level of cover than you had under the Manual category, you ll only receive the higher cover if you re in Active Employment when your Electech cover starts. If you re not in Active Employment, the extra cover you receive will be for New Events Death and TPD cover until you are once again in Active Employment. Decreasing or cancelling your cover Cbus believes our members should have insurance cover to protect themselves and their family. However, you can decrease or cancel your cover if it doesn t meet your needs. You can cancel both your Death and TPD cover, or cancel your TPD cover only and retain your Death cover. You can only decrease or cancel your cover by completing an Application to decrease or cancel insurance cover from (or call for a copy). Until we receive your request to decrease or cancel your cover, any cover you have will stay in place unless it stops for another reason see When does your cover stop? on page 21 for details). You should know that if you later change your mind and want cover, you ll need to complete an Application to increase insurance cover form applicable to your occupation category and provide information about your health. Your cover will be subject to the terms and conditions of the policy at that time. Any increase in your cover will be subject to acceptance of your application by the Insurer and Cbus. How to apply to change your occupation category To apply to change your occupation category, complete an Application to change occupation category Industry Super form at or call our Service Centre on for a copy. We strongly suggest you speak to Cbus on before you decide to decrease or cancel your cover. 20 Insurance handbook for Cbus Industry Super

21 06 When does your cover stop? Once your insurance cover with Cbus has started, you ll stay covered until: the date Cbus receives your Application to decrease or cancel insurance cover form, you are no longer a member of Cbus, for TPD cover, you reach age 65 (or age 70 for Electech members), for Death cover, you reach age 70, you join the armed forces of any country other than Australian Defence Force Reserves, the end of either the continued cover or extended cover period (whichever applies to you see the sections below), the Insurer admits a TPD or terminal illness insurance benefit to you, you die. What does continued cover period mean? If you stop receiving Employer Contributions but you re still a Cbus Industry Super member, any Death and TPD cover you have will continue for six months from the end of the month for which your last Employer Contribution is received by Cbus. You ll continue to pay premiums from your super account for this period. This is called the continued cover period. Example Sam s continued cover period ended 30 September, but he still has more than $1,200 in his Cbus account, so his cover stays in place. By 31 December, his account balance has dropped below $1,200. Sam s cover will continue until 31 January. He will no longer have cover from 1 February, providing his cover did not stop for another reason listed on this page. If your account balance is less than $1,200 at the end of the continued cover period, your cover will stop. Example Sam s employer made his last contribution into Sam s account for the period ending 23 March. Sam s cover will continue until 30 September as long as he stays with Cbus and his cover has not stopped for a reason listed above. He will no longer have cover from 1 October. What does extended cover period mean? If you have $1,200 or more in your account at the end of the continued cover period, any Death and TPD cover you have will be extended. You ll continue to pay premiums from your super account for this period. If your account balance drops below $1,200, your cover will stop on the last day of the month following the month in which your account balance falls below $1,200. Insurance handbook for Cbus Industry Super 21

22 07 Restarting cover after it s been cancelled or expired If you cancelled your cover If you cancelled your insurance cover and want to restart it you ll need to complete an Application to increase insurance cover form and provide information about your health. You can download a form at or call the Service Centre on for a copy. Read Applying to change your cover after you join on page 16 for more information. If your cover expired after the end of the continued or extended cover period If your cover stopped after the end of the continued cover period or extended cover period and you start to receive On-Time Employer Contributions again, then your cover will restart as follows: When your next contribution is received If an On-Time Employer Contribution is received into your account that relates to a period of employment within 6 months of the date your cover stopped If an On-Time Employer Contribution is received into your account that relates to a period of employment more than 6 months after your cover stopped What level of cover you will receive Your cover will restart at the same type of cover and number of units you had when it expired. If you are over 65 on the date cover restarts, you ll receive Death cover only OR If you were under age 21 (Manual or Non-Manual) before your cover stopped: and you had 2 or 3 units of cover, if you re over 21 when cover restarts, you ll receive 4 units of the same type of cover you had before (unless you have asked to have less cover). Manual or Non-Manual members Your cover will restart for the same type of cover and at the lesser of 4 units or the number of units you had before OR If you were under age 21 (Manual or Non-Manual) before your cover stopped: and you had 2 or 3 units of cover, and you re over 21 when cover restarts, you ll receive 4 units of the same type of cover you had before (unless you have asked to have less cover). Electech members Cover will restart for the same type of cover and at the lesser of 2 units or the number of units you had immediately before your cover stopped. If you are over 65 on the date cover restarts, you ll receive Death cover only. Your cover will only restart if you: are in Active Employment on the date that cover restarts. If you are not in Active Employment you will only receive Death and New Events TPD cover (if you had TPD cover previously) until you are in Active Employment, at which time you will receive TPD cover for all events, and are not currently applying for, eligible to receive or have not been paid a benefit for TPD from any super fund or insurance policy. If you don t meet this condition, you will only be entitled to Death cover, and are not currently applying for, eligible to receive or have not been paid a benefit for terminal illness from any super fund or insurance policy. If you don t meet this condition, you are not entitled to any cover under Cbus Industry Super, and have not previously cancelled your cover. 22 Insurance handbook for Cbus Industry Super

23 08 Making an insurance claim This section gives you information about: how and when you can claim for terminal illness or TPD, and how your family or dependants can make a claim if you die, and who can receive the money (see Rules on who we can pay your super to when you die below). To be able to apply for an insurance payment (benefit), Cbus and the Insurer must agree you are eligible and meet the required definitions and conditions in the Cbus Insurance Policy that applies to your claim. To claim a benefit, you or your dependants should contact the Service Centre on to check eligibility and what conditions have to be met. Cbus will then send out forms to help make the claim. Death claims If you die while you are a Cbus member your dependants are entitled to claim the total amount in your account, and any insurance you had at the date of death. Rules on who we can pay your super to when you die Government rules set out who can and cannot get your super and insurance payment when you die. If you haven t completed a binding nomination, Cbus will decide who to pay. Cbus will always take into account your nominated beneficiaries (see Choosing who your money goes to at right) as well as any other relevant information provided. People who can get your super and insurance are your dependants and people you have an interdependent relationship with (see the definitions of these terms below). Dependants Your dependants include: your spouse (including de facto and same-sex partners), and children (including step or adopted children or children of same-sex couples), and other people who are financially dependent on you or were in an interdependent relationship with you. Interdependent An interdependency relationship means two people (whether or not related by family) have: a close personal relationship, and live together, and one or each of them provides the other with financial support, and one or each of them provides the other with domestic support and personal care. If two people (whether or not related by family) have a close personal relationship, but do not meet the other requirements above because either, or both, of them suffer from a physical, intellectual or psychiatric disability, they can be considered to have an interdependency relationship. People who share accommodation for convenience, for example flatmates, do not qualify. Choosing who your money goes to When you join Cbus Industry Super (or at any time after), you can choose which of your dependants you want to get your super, and any insurance you have when you die. These people are called your beneficiaries. You can choose your beneficiaries in one of two ways: a non-binding nomination or a binding nomination. Option 1: Non-binding nomination A non-binding nomination means: your benefit will be paid to either your dependant/s or your legal personal representative, and Cbus will make the final decision. The decision will be made under Cbus Trust Deed and relevant law but will take into account the people you have chosen. You can make a non-binding nomination at Step 1 of your Membership Application. Option 2: Binding nomination A binding nomination means you can lock in who you want your super and insurance to go to if you die as long as: you choose an eligible person to receive your benefit (in accordance with Cbus Trust Deed and relevant legislation), and the eligible person is a dependant, and you have made your nomination in the last 3 years. Important note: To keep your binding death nomination valid, you must renew it every 3 years and it must be witnessed by two people over the age of 18 and who you have not nominated to receive your benefit. You can make a binding nomination with the Binding Death Benefit Nomination form at or call the Service Centre on for a copy. Keeping your nominations up to date Cbus will send you details of your nominated beneficiaries twice a year on your Annual Benefit Statement and your Record of Contributions. You can also check your non-binding beneficiaries online at if you register to use SuperSite. Once you ve nominated a beneficiary, make sure you let Cbus know if your circumstances change (for example if you marry, divorce or have children). Remember, a binding nomination is only valid for 3 years so you ll need to update it even if your circumstances haven t changed. You can update your non-binding nominations any time at or on the Change of details form at (or call us on ). You can update your binding nominations on the Binding death benefit nomination form at Insurance handbook for Cbus Industry Super 23

24 08 Making an insurance claim (continued) Tax on death benefits Death benefit payments may be taxed when paid, depending on: your relationship to the person receiving the benefit, and the parts (components) payable, and definitions that apply under super and tax laws. The definition of a dependant under super law is different than a dependant under tax law. A super Death benefit has two components: taxable and tax free. Tax will apply only to the taxable component at the rate as shown in the table below. Payee Superannuation dependant Tax dependant Taxable Tax rate* Surviving Spouse or de-facto (of NIL YES YES NO same or opposite sex) Former Spouse NO YES NO NIL Child (including step or adopted child) Minor YES YES NO NIL (under age 18) Child (over age 18) YES NO YES 15% #** Financial dependant YES YES NO NIL Interdependent YES YES NO NIL Estate^ YES YES NO NIL Non-financial dependant NO NO YES 15% #** * On taxable component of benefit ** Plus the Medicare levy # If the payee tax file number is not provided the benefit is taxed at 47% (plus the Medicare levy). ^ Your Estate may have to pay tax directly For more information about how your benefit is taxed, go to or seek appropriate tax advice. Terminal Illness Benefit (TIB) claims If you are diagnosed with a terminal illness and have a life expectancy of less than 12 months from certification, you can apply to be paid a TIB from Cbus. To be eligible for a TIB, you need to give Cbus supporting medical evidence from two Doctors approved by the Insurer (one must be a specialist medical practitioner practising in an area related to the terminal illness) confirming you are suffering from a condition which, in the opinion of the medical practitioner, is likely to lead to your death within 12 months from the date you re diagnosed with a terminal illness. To claim, contact the Service Centre on to check if you re eligible and to get the forms you need to complete. When Cbus and the Insurer agree you have been diagnosed with a terminal illness, they will pay you a TIB if: the Date of Diagnosis is on or after the date your cover started or restarted. No TIB can be paid where the Date of Diagnosis is before this date, and the TIB is the lesser of your Death benefit or $3 million. If your Death benefit is more than $3 million, Cbus will pay the extra number of units as a Death benefit balance (a residual benefit ) calculated at your date of death (as long as you stay with Cbus and keep paying premiums for any cover you had above $3 million), and if a TIB is paid, all cover will stop from that date (unless you are eligible to be paid a residual benefit as described above). From the date a TIB claim has been lodged, you can no longer increase your Cbus cover without the Insurer s prior approval. For Cbus to pay you a TIB, you must also meet the benefit payment conditions under Cbus Trust Deed and the Superannuation Industry (Supervision) Act (SIS Act) 1993 and Regulations. Note: You cannot claim both TIB and a TPD benefit. Terminal medical condition If you are not insured but you meet the definition of terminal medical condition in the SIS Act and Regulations, Government rules may allow Cbus to pay your total super account balance. Call the Service Centre on for help in this situation. Total and Permanent Disablement (TPD) claims If you have insurance for TPD and you become Totally and Permanently Disabled as defined in the Cbus Insurance Policy (see the definition on page 25) while a Cbus member, you can claim: the total amount in your super account, and any insurance benefit entitlement. To claim a TPD benefit, contact the Service Centre on to check if you re eligible and get the forms you need to complete. This Handbook does not explain all the conditions for making a TPD claim. It outlines the main requirements in the current Cbus Insurance Policy and Trust Deed. You have to meet these conditions to be eligible to apply for an insured TPD benefit. We ll assess your claim under the definition of TPD that applies to you (see TPD definition on page 25) and other conditions in the Cbus Insurance Policy when you claim. Note: If you live overseas and need to make a TPD claim, the Insurer may ask you to return to Australia for assessment, at your own expense. 24 Insurance handbook for Cbus Industry Super

25 TPD definition The Cbus Total and Permanent Disablement definition is broken down into 6 parts. Depending on your circumstances at the Date of Disablement, you ll be assessed only against the parts of the definition that apply to you. After considering medical or other evidence available, if the Insurer and Cbus agree you meet any one of the applicable parts of the definition, you will be eligible to be paid a TPD benefit. The table below outlines the parts of the TPD definition that apply for the TPD cover under Cbus Industry Super. TPD definition table If you are: aged less than 65, and engaged in Regular Remuneration Work within the twelve months prior to the Date of Disablement aged less than 65, and not engaged in Regular Remuneration Work within the twelve months prior to the Date of Disablement, and on a full time basis, performing all of the duties relating to running the family home including (where applicable) looking after a dependent child or children or an invalid family member. aged less than 65, and not engaged in Regular Remuneration Work within the twelve months prior to the Date of Disablement, and not, on a full time basis, performing all of the duties relating to running the family home. This includes anyone unemployed or in the process of looking for work at the time of disablement. over the age of 65; and an Electech member. Parts of the definition you will be assessed against Part 1, Part 2, Part 3 or Part 4 Part 4, Part 5 or Part 6 Part 4 or Part 5 Part 4 or Part 5 You will be considered to be Totally and Permanently Disabled as per the Cbus Insurance Policy if: Part 1 Immediate Assessment Conditions where you are unable to follow your usual occupation as a result of suffering one or more of the below listed medical conditions, the Insurer will waive any waiting period and assess your claim immediately; and if after consideration of medical or other evidence satisfactory to them, the Insurer is of the opinion you are unlikely ever to be able to engage in any Regular Remuneration Work for which you are reasonably fitted by education, training or experience. Immediate assessment conditions are: Paraplegia Quadriplegia Hemiplegia Diplegia Tetraplegia Cardiomyopathy Primary Pulmonary Hypertension Major Head Trauma Motor Neurone disease Multiple Sclerosis Muscular Dystrophy Dementia and Alzheimer s Disease Parkinson s Disease Blindness Loss of Speech Loss of Hearing Chronic Lung Disease Severe Rheumatoid Arthritis Severe Burns. continued over Insurance handbook for Cbus Industry Super 25

26 08 Making an insurance claim (continued) You will be considered to be Totally and Permanently Disabled under the Cbus Insurance Policy if: Part 2 Unlikely to Return to Work Part 3 Permanent Impairment Part 4 Cognitive Loss Part 5 Everyday Work Activities Part 6 Home Duties For any other condition not listed on previous page as an immediate assessment condition, you must be unable to follow your usual occupation by reason of Illness or Injury for three consecutive months before the Insurer will assess your claim, and if after consideration of medical or other evidence satisfactory to them, the Insurer is of the opinion you are unlikely ever to be able to engage in any Regular Remuneration Work for which you are reasonably fitted by education, training or experience. If you are engaged in Regular Remuneration Work when suffering an Illness or Injury and, as a result of that Illness or Injury, you: suffer a permanent impairment of at least 25% of whole person function as defined in the American Medical Association publication Guides to the Evaluation of Permanent Impairment, 4th edition, or any other recognised standard agreed to by Cbus and the Insurer, and you are disabled to such an extent, as a result of this impairment, you are unlikely ever again to be able to engage in any occupation, business, profession, or employment for which you are reasonably fitted by education, training or experience. If as a result of Illness or Injury, you suffer Cognitive Loss and after consideration of medical or other evidence satisfactory to them, the Insurer is of the opinion you are unlikely ever to be able to engage in any Regular Remuneration Work for which you are reasonably fitted by education, training or experience. If you suffer an Illness or Injury, that: a) has prevented you from being able to perform at least 2 of the Everyday Work Activities without assistance from another adult person, despite the use of appropriate aids, for at least twelve consecutive months, and b) since you became ill or injured, you have been under the regular care and attention of a Doctor for that Illness or Injury, and c) in the opinion of the Insurer, the Illness or Injury means that you are unlikely to ever again be able to perform at least 2 of the Everyday Work Activities without assistance from another adult person, despite the use of appropriate aids, and d) in the opinion of the Insurer, the Illness or Injury means that you are unlikely to ever again return to work for which you are reasonably suited by education, training or experience. If you suffer an Illness or Injury which wholly prevents you from: a) engaging in Home Duties for at least 6 consecutive months, and b) since you became ill or injured, you have been under the regular care and attention of a Doctor for that Illness or Injury, and c) in the opinion of the Insurer, the Illness or Injury means that you are unlikely to ever again be able to engage in Home Duties without assistance from another adult person, despite the use of appropriate aids, and d) in the opinion of the Insurer, the Illness or Injury means that you are unlikely to ever again return to work for which you are reasonably suited by education, training or experience. Permanent incapacity benefit If you don t have TPD cover, but you meet the definitions of permanent incapacity in the SIS Act and Regulations, and of Invalidity in the Income Tax Assessment Act, the Government may allow Cbus to pay your total account balance as a permanent incapacity benefit. 26 Insurance handbook for Cbus Industry Super

27 09 Insurance definitions If you re not sure what some of the terms in this Handbook mean, the following section should help. If you need more help, please contact Cbus. Term Active Employment Annual Taxable Income Blindness Cardiomyopathy Chronic Lung disease Cognitive Loss Date of Diagnosis Date of Disablement Dementia and Alzheimer s Disease Diplegia Doctor Employer Approved Leave Definition means you are gainfully employed and: attending work and performing your normal duties without restriction due to Illness or Injury; or if on Employer Approved Leave (except leave caused any Illness or Injury) you would be able to attend work and perform your normal duties without restriction due to Illness or Injury. Where an Insured Person does not meet the definition of Active Employment but has returned to work and performed a constant level of modified duties for a period of at least 12 consecutive months, then these modified duties will be taken to be the Insured Person s new normal duties. Where this occurs, the Insured Person will be taken to have met the Active Employment requirement as from the end of the 12 consecutive month period. means if you are an employee your gross annual salary for the last financial year, as shown on your PAYG Payment Summary or a total remuneration package provided by your employer, if you are self-employed your annual income for the last financial year before tax, but after business expenses were deducted. means the permanent loss of sight in both eyes, whether aided or unaided, due to Illness or Injury to the extent that visual acuity is 6/60 or less in both eyes or to the extent that the visual field is reduced to 20 degrees or less of arc, as certified by an ophthalmologist. means condition of impaired ventricular function of variable aetiology (often not determined) resulting in significant physical impairment, i.e. Class 3 on the New York Heart Association classification of cardiac impairment. means the permanent and stage respiratory failure with FEV1 test results of consistently less than one litre, requiring continuous permanent oxygen therapy means: the Insurer has determined a total and permanent deterioration or loss of intellectual capacity that has required you to be under continuous care and supervision by another adult person for at least 6 consecutive months and, at the end of that 6 month period, you are likely to require permanent ongoing continuous care and supervision by another adult person. means the date on which sufficient medical evidence first exists allowing for an opinion to be formed by a treating specialist in the relevant field and supported by test results that the Insured Person is suffering from a Terminal Illness which is likely to result in their death within 12 months. Total and Permanent Disablement is treated as having occurred on the Date of Disablement which is: a) for Part 1 of the Total and Permanent Disablement definition, the date you suffer Paraplegia, Quadriplegia, Hemiplegia, Diplegia, Tetraplegia or any of the immediate assessment conditions, b) for Part 2 of the Total and Permanent Disablement definition, the date on which you commenced your period of three (3) consecutive months of inability to work that results in Total and Permanent Disablement, or c) for Part 3 of the Total and Permanent Disablement definition, the date you suffer an Illness or Injury, and that Illness or Injury results in Permanent Impairment, or d) for Part 4 of the Total and Permanent Disablement definition, the date you suffer an Illness or Injury, and that Illness or Injury results in Cognitive Loss, or e) for Part 5 of the Total and Permanent Disablement definition, the date the Insured Person commenced their period of 12 consecutive months of inability to perform the Everyday Work Activities that results in Total and Permanent Disablement; or f) for Part 6 of the Total and Permanent Disablement definition, the date on which the Insured Person commenced their period of 6 consecutive months of inability to perform Home Duties that results in Total and Permanent Disablement. means the clinical diagnosis of dementia (including Alzheimer s disease) as confirmed by a consultant neurologist, psychogeriatrician, psychiatrist or geriatrician. The diagnosis must confirm permanent irreversible failure of brain function resulting in significant cognitive impairment for which no other recognisable cause has been identified. Significant cognitive impairment means a deterioration in the person s Mini-Mental State Examination scores to 24 or less and deterioration would continue but for any effective treatment. Dementia related to alcohol, drug abuse or Acquired immune Deficiency Syndrome is excluded. means the total loss of function of both sides of the body due to Illness or Injury, where such loss of function is permanent. means a validly qualified medical practitioner registered to practice in Australia, New Zealand, the United Kingdom, the United States of America, or Canada, or as otherwise agreed between the Fund and us. That person may not be the Insured Person, the Insured Person s business partner, a member of the Insured Person s immediate family or their employer. means leave that has been approved by your Employer prior to the commencement of that leave, in accordance with the Employer s employment leave practices and supportable by documentary evidence. Insurance handbook for Cbus Industry Super 27

28 09 Insurance definitions (continued) Term Employer Contribution Everyday Work Activities First Eligible Hemiplegia Home Duties Illness Injury Loss of Hearing Loss of Speech Major Head Trauma Definition means a Superannuation Guarantee Contribution remitted by a Participating Employer to be credited to the Insured Person s account in respect of a period of employment. means: 1. Mobility you cannot do one of the following: - walk more than 200m on a level surface without stopping due to breathlessness. - bend, kneel or squat to pick something up from the floor and straighten up again, nor can you get in and out of a standard sedan car. 2. Communicating you cannot do one of the following: - speak in your first language so that you are understood in a quiet room, nor can you hear (with or without a hearing aid or other aid) an instruction given in a normal voice in your first language in a quiet room. - understand a simple message in your first language, and relay that message to another person. 3. Vision you cannot, with or without glasses or contact lenses, read ordinary newsprint and pass the standard eyesight test for a car license. 4. Lifting you cannot lift, carry or move objects weighing up to 5kg using your hands. 5. Manual dexterity you cannot use your hands or fingers to manipulate small objects with precision (such as picking up a coin or fastening shoelaces or buttons, using cutlery, or using a pen or keyboard to write a short note). means are First Eligible to join the Fund on the later of: a) The date on which they first commence employment with the Participating Employer in respect of which a Fund membership number is first allocated to them; or b) The date on which their employer becomes a Participating Employer of the Fund and in respect of which a Fund membership number is first allocated to them. Should an employee first become liable to receive the Superannuation Guarantee contribution at a date later than (a) or (b) above, then this date will become the date on which that member was First Eligible to join the Fund. means the total loss of function of one side of the body due to Illness or Injury, where such loss of function is permanent. means performing on a full time basis all the duties related to running the family home. This includes Cleaning, Cooking, Washing, Shopping and where applicable Looking after dependent children or providing full time care for invalid member(s) of your immediate family. Cleaning means cleaning the family home (such as using a vacuum cleaner, sweeping with a broom, using a mop, cleaning dishes (automatic or manually)). Cooking means cooking the family meals (such as preparing fresh or frozen food, using an oven, stove or microwave oven). Washing means doing the family laundry (such as loading and unloading a washing machine and hanging out clothes or using a dryer, folding clothes and ironing). Shopping means shopping for food and household items (such as attending shops or using the phone or internet to purchase food or household items for the family). Looking after dependent children means taking care of dependent children less than 16 years of age or in full time secondary education (such as supervising, lifting, transporting, feeding and bathing). means a sickness, disease or disorder. means bodily injury caused by violent, external and visable means. means the complete and irrecoverable loss of hearing, both natural and assisted from both ears as a result of Illness or Injury, as certified by a specialist the Insurer considers appropriate. means the total and irrecoverable loss of the ability to produce intelligible speech as a result of permanent damage to the larynx or its nerve supply or the speech centres of the brain. The loss must be certified by an appropriate medical specialist. means Injury to the head resulting in neurological deficit causing either: a permanent loss of at least 25% whole person function (as defined by the American Medical Association publication Guide to the Evaluation of Permanent Impairment 4th Edition or an equivalent guide to the evaluation of impairment approved by the Insurer), or the permanent and irreversible inability to perform, without the assistance of another person any 2 of the following activities of daily living: - dressing: the ability to put on and take off clothing - toileting: the ability to use the toilet, including getting on and off - mobility: the ability to get in and out of bed and a chair - continence: the ability to control bowel and bladder function - feeding: the ability to get food from a plate into the mouth as certified by a consultant neurologist. 28 Insurance handbook for Cbus Industry Super

29 Term Motor Neurone Disease Multiple Sclerosis Muscular Dystrophy New Events On-Time Paraplegia Parkinson s Disease Primary Pulmonary Hypertension Partner Quadriplegia Regular Remuneration Work Severe Burns Severe Rheumatoid Arthritis Superannuation Guarantee Contribution Tetraplegia Definition means unequivocal diagnosis of motor neurone disease by a consultant neurologist and confirmed by neurological investigations. means the unequivocal diagnosis of multiple sclerosis as confirmed by a consultant neurologist and characterised by demyelination in the brain and spinal cord evidenced by Magnetic Resonance Imaging or other investigations acceptable to the Insurer. There must have been more than one episode of well-defined neurological deficit with persisting neurological abnormalities. means the unequivocal diagnosis of muscular dystrophy by a consultant neurologist. means cover for claims arising from an Illness or Injury that first occurred on or after cover started or restarted. means an Employer Contribution received by Cbus within 6 months of the end of the month to which the Employer Contribution relates. means the permanent loss of use of both legs or both arms, resulting from spinal cord Illness or Injury. means the unequivocal diagnosis of Parkinson s disease by a consultant neurologist where they confirm that the condition: Is the established cause of two or more of the following: - Muscular rigidity - Resting tremor - Bradykinesia, and Has caused significant progressive physical impairment, likely to continue progressing but for any treatment benefit. The person must be following advice and treatment of a specialist neurologist. means primary pulmonary hypertension associated with right ventricular enlargement established by cardiac catheterisation resulting in significant permanent physical impairment to the degree of at least Class 3 on the New York Heart Association classification of cardiac impairment. means a legal spouse or person living with you on a bona-fide domestic basis who may be the same gender as you. means the permanent loss of use of both arms and both legs, resulting from spinal cord Illness or Injury. means you are doing work in any employment, business, profession or occupation. You must be doing it for reward, or the hope of reward of any type. You are also considered to be engaged in regular remunerative work if you are on Employer Approved Leave. means third degree burns to 20 per cent or more of the body surface, or to the whole of the face or the whole of both hands requiring surgical debridement and/or grafting. means the unequivocal diagnosis of severe rheumatoid arthritis by a rheumatologist. The diagnosis must be supported by and evidence all of the following criteria: At least a six-week history of severe rheumatoid arthritis which involves three or more of the following criteria: - Proximal interphalangeal joints in the hands - Metacarpophalangeal joints in the hands - Metatarsophalangeal joints in the foot, wrist, elbow, knee or ankle Simultaneous bilateral and symmetrical joint soft tissue swelling or fluid (not bony over growth alone), and Typical rheumatoid joint deformity and at least two of the following criteria: - Morning stiffness - Rheumatoid nodule - Erosions seen on x-ray imaging - The presence of either a positive rheumatoid factor or the serological markers consistent with the diagnosis of severe rheumatoid arthritis. Degenerative osteoarthritis and all other arthritis are excluded. means an Employer Contribution remitted by a Participating Employer that meets the Participating Employer s obligations with respect to an Insured Person in accordance with the Superannuation Guarantee (Administration) Act means the total and permanent loss of use of both arms and both legs, together with loss of head movement, due to brain Illness or Injury or spinal cord Illness or Injury. Insurance handbook for Cbus Industry Super 29

30 10 Need help to sort out your insurance? Working out how much, and what type, of cover you need can seem hard. That s where Cbus can help. If need you advice on how to choose the right cover for you, call the Service Centre on and speak to the Cbus Advice Team*. If you need more detailed help, no problem Cbus can refer you to a financial planner who can give you face-to-face advice tailored to your needs. Make insurance easy: call Cbus today. 30 Insurance handbook for Cbus Industry Super

31 11 Other questions about your super? Cbus Coordinators are in every state and territory, ready to answer your super questions They also hold toolbox information sessions in the workplace, and assist with financial planning seminars to give you direct help with your super. Call for the contact details of your local Coordinator. Cbus can give you information and advice over the phone on: Choosing an investment option Insurance options Building your superannuation Salary sacrifice Government co-contributions Transition to Retirement Super income streams Call from 8am to 8pm (AEST) Monday to Friday to speak to us. There is no charge for this service. We can also arrange for you to meet with a professional Financial Planner. Cbus can refer you to professional Financial Planners who can give you comprehensive personal advice, including recommendations, on: Super (including combining your super accounts) Transition to Retirement Retirement planning (including Centrelink and super income streams) Investment options (including other assets) Redundancy Tax planning Personal insurance needs. As a member, your first meeting to assess your needs is free. If you decide you need personal advice, you will be charged on a fee-for-service basis. What you pay is agreed to in advance, so you ll know up-front how much the service will cost. Financial planners are available in all states and territories. Call today to book your first meeting. * When you contact the Cbus Advice Team, you ll be speaking to a representative of the funds administrator, Superpartners Pty Ltd ABN Superpartners holds an Australian Financial Services Licence AFSL , issued by ASIC authorising them to provide personal advice. Superpartners are responsible under their AFSL for any advice given to you. Insurance handbook for Cbus Industry Super 31

32 Contact Cbus am to 8pm AEST/AEDT (within Australia). Open Monday to Friday, closed national public holidays Cbus Locked Bag 999 Carlton South VIC 3053