This document forms part of the NGS Super Member Guide (Product Disclosure Statement) dated 14 August 2015 LIFE, DISABILITY AND INCOME PROTECTION * FACT SHEET 6 14 AUGUST 2015 It s vital that you re prepared for the unexpected. NGS Super gives you and your family financial peace of mind by providing in case you die, or become terminally ill or disabled and can t work. * For further information about the methodology used by Chant West, www.chantwest.com.au. Chant West has given its consent to the inclusion in this Fact Sheet of the references to Chant West and the inclusion of the logos and ratings provided by Chant West in the form and context in which they are included. Take the time to consider your financial situation and what would happen if you were disabled and unable to work or to your family if you became terminally ill or died. A little planning can mean you avoid considerable financial distress and hardship by ensuring you have the right amount of. NGS Super offers flexible options so you can request the level and type of disability, life, and income protection insurance that suits you. As a member Super, you may have: life (including terminal illness TI) in case you become terminally ill or die disability (total and permanent disablement TPD) in case you become disabled, either due to an injury or illness, and unable to work in any occupation income protection providing monthly income payments if you become temporarily disabled and unable to work in your own occupation or TPD through illness or injury. With NGS Super s life/ti and disability (TPD) 1, you can: request the amount of life/ti insurance you need request the amount of disability (TPD) you need ask to change the amount of your at any time 2 have disability (TPD) until you re 65 years old have life/ti until you re 75 years old receive a lump sum life/ti or disability (TPD) payment. If a disability (TPD) benefit becomes payable, any life/ti will be reduced by the amount of the benefit paid. If a terminal illness (TI) benefit becomes payable, your life and (if applicable) any disability (TPD) will be reduced by the benefit paid. 1 Your depends on your eligibility, the insurer agreeing to provide you with this and the terms and conditions of the policy. 2 If you ask for your to be increased, you won t receive this extra until the insurer agrees to provide it and notifies you in writing. NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 01
With NGS Super s income protection (IP) insurance 1, you can: choose the waiting period before your payments start choose the period for which payments will continue to be paid request the amount of income protection 1 you need ask to change the amount of your at any time² have income protection until you re 65 years old (or 67 if approved for a to age 67 benefit period). And, you ll be ed 24 hours a day, seven days a week, while you re gainfully employed. If you are a member of the NGS Super Industry Plan and you meet the eligibility requirements for, you automatically receive when you join. If you are a member of the NGS Super Personal Plan and you are eligible, you can request. You will need to provide the insurer with evidence of your good health before they will agree to provide it. Other conditions may also apply. 3 If you were an existing member Super at 1 July 2014 and you were under age 70. If you join as a member of the NGS Super Industry Plan on or after 1 July 2014, you need to be under age 70 when you join and meet the eligibility requirements to automatically receive. If you are age 70 or older when you join, you can only receive if you apply for it. You can do this by applying through your Member Online account or completing an Insurance Variation form and Personal Statement available on our website at www.ngssuper.com.au (select Super Members > Forms). 4 If your chosen benefit period is two years or five years, a maximum monthly benefit is provided of up to 80% of your pre-incapacity income of up to $465,000 per annum, and 50% of the next $240,000. The maximum benefit is therefore up to $41,000 per month. 5 If your chosen benefit period is to age 65, a maximum monthly benefit is provided of up to 80% of your pre-incapacity income of up to $465,000 per annum. The maximum benefit is therefore up to $31,000 per month. 6 If your chosen benefit period is to age 67, a maximum monthly benefit is provided of up to 80% of your pre-incapacity income of up to $465,000 per annum, reducing to 70% of pre-incapacity income (nil super) of up to $531,428 per annum for payments between age 65 and 67. The maximum benefit is therefore up to $31,000 per month. What life, disability and income protection does NGS Super offer? The following table gives you a snapshot of features. Table 1 Cover Benefit payment Maximum Cover expiry age Life (including terminal illness TI) Disability (TPD) Income protection (IP) Lump sum benefit: an insured amount plus your account balance. Terminal illness benefit enabling earlier payment of life. Lump sum benefit: an insured amount plus your account balance. Monthly payment of up to 80% of your pre-incapacity income plus up to 10% of your pre-incapacity income payable as a monthly super contribution to the Fund. Your monthly IP benefit is payable after your chosen waiting period (30, 60 or 90 days). Monthly payments will continue for your chosen benefit period (two years, five years, to age 65, or to age 67) or until the earlier you: cease to be disabled reach age 65 (or 67 if approved for a to age 67 benefit period), or die. $10,000,000 Age 75 3 $3,000,000. Any life in excess of this will be payable on death, provided you remain an NGS Super member and is still in force. $3,000,000 Age 65 $41,000 per month for a benefit period of two years or five years 4 $31,000 per month for a benefit period to age 65 5 or to age 67 6 Age 65, except in the case of a to age 67 benefit Pre-incapacity income If you are employed on a permanent basis: The monthly value of annual remuneration, which applied immediately before becoming incapacitated, earned from the employer you are employed with on a permanent basis and that is specified in your employment contract. This remuneration includes any overtime, bonuses and shift allowances (averaged over the last three years) and packaged elements not received directly as taxable earnings. Remuneration excludes any directors fees, compulsory employer superannuation entitlements, investment income and profit distributions. If you are not employed on a permanent basis: The total monthly value of remuneration (including overtime, bonuses and shift allowances) you receive from all regular occupations, averaged over the most recent 12 months immediately before becoming incapacitated. Remuneration excludes any directors fees, compulsory employer superannuation entitlements, investment income and profit distribution. If you are self-employed: The total monthly amount earned in your business over the financial year as a direct result of your personal exertion or activities through your usual occupation (ie business earnings that would stop if you could not work due to illness or injury), less your share of business expenses (but before the deduction of income tax) for that business - or relevant proportion for part of a financial year. Pre-incapacity income does not include producing income through investments or other forms of passive income. NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 02
Key features The key feature of our needs-based design is that the amount of standard you have changes at certain ages. The Cover package (while not necessarily being suitable for everyone) is designed to provide a basic level of protection throughout your working life, without your active involvement. Cover offers: an age-based approach for life, providing different levels of at various ages, which aims to provide appropriate based on average member life stages. Life is lowest when you are young and automatically increases as you get older (when your need for may be higher), then reduces again as you approach retirement; disability (TPD) and income protection (IP) benefits that work in conjunction with each other. Our long-term IP benefit payment period will help to meet your future living expenses, while the lump sum disability (TPD) benefit aims to provide protection for other financial costs associated with a permanent disability. Our standard IP provides a monthly benefit of up to 80% of your pre-incapacity income plus up to 10% super contribution, if you are unable to work due to injury or sickness for more than 90 days. You can be paid benefits for up to 5 years if you have default (or to age 65 if this is earlier). You can apply for additional if you need more than our age-based Cover. Automatic Cover Automatic standard applies only for Industry Plan members. Personal Plan members can request but they must show evidence of good health before the insurer may agree to provide the. NGS Super provides two levels of automatic standard : NGS and. The level of automatic standard you receive will be determined by your employer s occupational category in NGS Super when you first join the Fund. See Table 2 for details. When you join NGS Super, we ll send you a welcome kit which includes details of your automatic standard. Table 2 Cover NGS 7 7 Life (including terminal illness TI) Disability (TPD) Income protection (IP) Four age-based to age 75, provided you joined and meet eligibility requirements for NGS Super Industry Plan prior to age 70. Four age-based to age 65, provided you joined and meet eligibility requirements for NGS Super Industry Plan prior to age 65. Four with monthly payments for up to five years after a 90-day waiting period, provided you joined and meet eligibility requirements for NGS Super Industry Plan prior to age 65. Five age-based to age 75, provided you joined and meet eligibility requirements for NGS Super Industry Plan prior to age 70. Five age-based to age 65, provided you joined and meet eligibility requirements for NGS Super Industry Plan prior to age 65. Five with monthly payments for up to five years after a 90-day waiting period, provided you joined and meet eligibility requirements for NGS Super Industry Plan prior to age 65. The occupational category applies to people employed by a school or other body that provides education as its primary function, or people whose occupational duties are limited to professional, managerial, clerical, secretarial or similar white collar nature tasks that do not involve manual work and are conducted entirely within an office environment (such as Credit Unions or other employers in the finance sector). This includes people employed in an occupation that meets this definition and whose job requires them to travel from one office environment to another. If you do not meet the criteria for the occupational category, then the NGS occupational category will apply. If you join NGS Super and receive NGS, and your occupation changes in the future, we will accept your application to change to NGS Plus premium rates as long as your new occupation satisfies the requirements and subject to acceptance by the insurer. To apply for you will need to complete the Insurance Variation form and Personal Statement available on our website at www.ngssuper.com.au (select Super Members > Forms). Additional information for Personal Plan members If you are a Personal Plan member and you request, you will need to provide details of your current occupation. Your occupational category will be determined by the insurer when they assess your application. NGS Super will write to you to advise you of the insurer s decision and will include details of any you have received. 7 Option to apply to increase your standard (not exceeding a combined total of nine units), by applying online through your Member Online account, within 120 days from the date of your welcome letter from NGS Super. NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 03
Who is eligible for life/ti, disability and income protection? Your eligibility for depends on your NGS Super membership. Table 3 shows the eligibility criteria for each membership type and your insurability (which may include evidence of good health, occupation and details of any hazardous pursuits you may be involved in) which the insurer needs to assess. Table 3 Life/TI and disability (TPD) You are a member of the... NGS Super Industry Plan Eligibility You are eligible for automatic standard if: you are an employee you are a member Super your employer contributes to NGS Super on your behalf 8 you are aged between 15 and 69 (not TPD from age 65) you have not been a member Super before, and you have never claimed or been eligible to claim a disability, total and permanent disablement benefit or terminal illness benefit from a superannuation fund or insurance company. To receive full automatic standard, you must be in active employment when commences: see page 14 When does my in NGS Super start? Insurability Health evidence is provided automatically on joining NGS Super if you meet the eligibility requirements. No health evidence is needed. You can apply to increase your standard (not exceeding a combined total of nine units), by applying online through your Member Online account, within 120 days from the date of your welcome letter from NGS Super. You can also apply through your Member Online account for an increase in above the standard, or by completing and returning an: Insurance Variation form and Personal Statement NGS Super Personal Plan You can apply for if you: have enough money in your account to the premiums, and are aged between 15 and 74. You will need to apply to the insurer for any you would like to have. This is not provided automatically. Evidence that you are in good health is needed before the insurer agrees to provide or increase. To request, you can apply through your Member Online account, or by completing and returning an: Insurance Variation form and Personal Statement Income Protection (IP) You are a member of the... NGS Super Industry Plan NGS Super Personal Plan Eligibility You are eligible for automatic standard if: you are an employee you are a member Super your employer contributes 8 to NGS Super on your behalf you are aged between 15 and 64 you have not been a member Super before, and you have never claimed or been eligible to claim a disability, total and permanent disablement benefit or terminal illness benefit from a superannuation fund or insurance company. To receive full automatic standard you must be in active employment when commences. For further explanation of this and related eligibility conditions see page 14 When does my in NGS Super start? You can apply for if you: have enough money in your account to the premiums, and are aged between 15 and 64. Insurability Health evidence is provided automatically on joining NGS Super if you meet the eligibility requirements. No health evidence is needed. You can apply to increase your standard (not exceeding a combined total of nine units), by applying online through your Member Online account, within 120 days from the date of your welcome letter from NGS Super. You can also apply through your Member Online account for an increase in above the standard, or by completing and returning an: Insurance Variation form and Personal Statement You will need to apply to the insurer for any you would like to have. This is not provided automatically. Evidence that you are in good health is needed before the insurer agrees to provide or increase. To request, you can apply through your Member Online account, or by completing and returning an: Insurance Variation form and Personal Statement 8 For this purpose contributions made by your employer do not include salary sacrifice contributions. NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 04
The details: your life/ti and disability options You can tailor your life/ti and disability (TPD) to suit your needs. You can choose either: combined life/ti and disability life/ti only disability only. You also have the option of requesting different levels of life/ti and disability. In addition, you have the option of: age-based 9, where the amount provided by one unit of changes at certain ages and the premium changes most years, or a fixed amount of which doesn t change (except for disability which will decrease by 20% each year from age 61 to be nil at age 65) and premiums vary based on your age at your birthday each year. The table below shows the life/ti and disability (TPD) choices available. Table 4 Life/TI and Disability (TPD) Cover Fixed Age-based Interim accidental Life (including terminal illness TI) only Level of agreed doesn t change from year to year Premiums vary based on your age at your last birthday each year Health evidence is needed before may be provided. Your premium for one unit of changes most years The amount of you have depends on your age last birthday and changes at certain ages until age 75 when it becomes nil You can apply to increase your standard (not exceeding a combined total of nine units), by applying online through your Member Online account, within 120 days from the date of your welcome letter from NGS Super. If you request to increase after this, you must provide further evidence of health before this may be provided. This is provided for up to 120 days while the insurer is assessing your request for or an increase in. You have the same type of for which you have applied (life and/or disability) for the requested amount up to $2,000,000 less the amount of any already in force in case of accidental death and/or disablement (conditions apply). Cover against terminal illness is not included. Disablement (TPD) only Life/TI and disability (TPD) Amount of doesn t change from year to year, except from age 61 when decreases by 20% a year to be nil at age 65 Premiums vary based on your age at your last birthday each year Health evidence is needed before may be provided. Level of doesn t change from year to year except for disability, which decreases by 20% a year from age 61 to be nil at age 65 Premiums vary based on your age at your last birthday each year Health evidence is needed before may be provided. Your premium for one unit of changes most years The amount of you have depends on your age at your last birthday and changes at certain ages until age 65 when it becomes nil You can apply to increase your standard (not exceeding a combined total of nine units), by applying online through your Member Online account, within 120 days from the date of your welcome letter from NGS Super. If you request to increase your after this, you must provide further evidence of health before this may be provided. Your premium for one unit of changes most years The amount of you have depends on your age last birthday and changes at certain ages (you have disability until age 65 when it becomes nil). You have life until age 75 when it becomes nil You can apply to increase your standard (not exceeding a combined total of nine units), by applying online through your Member Online account, within 120 days from the date of your welcome letter from NGS Super. If you request to increase after this, you must provide further evidence of health before this may be provided. 9 Where application for age-based exceeds nine units in value this will be added in the form of fixed units. NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 05
No benefit will be paid within the first 13 months of any being accepted by providing evidence of health with NGS Super if: your death is due to suicide, selfinflicted injury or infection your terminal illness or disability (TPD) is due to either self-inflicted injury action or infection whether intended or not attempted suicide whether intended or not regardless of whether or not you are sane at the time. If a terminal illness (TI) benefit becomes payable, your life will be amended to reflect the payment. This is because the TI benefit represents an advance payment of the life benefit. No benefit is payable if death, terminal illness or disability is caused directly or indirectly by war. Some exclusions apply. The details: your income protection options The table below shows the income protection (IP) choices available. Income Protection (IP) Feature Length of waiting period before payments commence IP3 (90 days) IP2 (60 days) IP1 (30 days) Payment period up to five years up to two years up to age 65 up to age 67 Units of No benefit is payable if death or terminal illness is caused by a pandemic illness (or related illness), this does not apply to that commenced before any illness alert. Other conditions apply. If you have a greater amount of life/ti than disability (TPD) and a disability benefit becomes payable, you can keep the portion of your life/ti (over and above your disability ). This is calculated as your total life/ti minus the amount of insured disability (TPD) benefit payable. Life/TI and disability (TPD) are paid as a lump sum benefit. If you have agebased, the insured amount paid will depend on your age at the date of your death or disability and the number of you hold. If you have fixed, your insured amount will be the fixed amount you have with the Fund (with the exception of your disability which reduces by 20% a year from age 61 to be nil at age 65). Each unit of represents an income protection benefit of up to 90% of your pre-incapacity income (including up to a 10% super contribution). For instance, for an member aged between 27 and 60, five would provide a monthly benefit calculated as: $4,750 per month including super (ie ing 90% of up to $63,333 annual income). For an or NGS member aged between 27 and 60, nine would provide a monthly benefit calculated as: $8,550 per month including super (ie ing 90% of up to $114,000 annual income). If you are eligible for IP when you join NGS Super, you receive standard IP (five for and four for NGS ) providing IP benefits for up to five years after a 90 day waiting period (IP3). You can apply to increase your standard (not exceeding a combined total of nine units), by applying online through your Member Online account, within 120 days from the date of your welcome letter from NGS Super. IP for people who are incapacitated If the insurer considers you are incapacitated (ie. because you have an accident or become sick), you may receive a monthly income benefit, with payments starting after a specified waiting period. The waiting period is determined by the option you select e.g. for IP3 the waiting period is 90 days. All benefit payments you receive are included in your taxable income. A few things aren t ed IP is not provided if it is caused directly or indirectly by: self-inflicted injury or infection or attempted suicide, whether while sane or insane normal pregnancy or childbirth, or war. Benefits may not be payable if, in the opinion of the insurer, you were employed under a preferential employment practice and you were suffering a medical condition that was likely to cause you to become disabled within three years of the commencement of. Income from other sources may have an effect on your IP benefit Your benefit may be reduced if you receive income from other sources, relating to the period you are incapacitated, such as: paid sick leave, workers compensation, social security benefits or from another source of disability payment any payments you may receive or are due to receive for the same period from another policy providing income benefits that relate to your employment income for the same period from personal exertion (such as related to a graded return to work) any amounts which you continue to receive from your employer while you are incapacitated. IP provides a monthly income payment of up to 80% of your monthly pre-incapacity income (prior to any tax deduction), plus up to 10% of your monthly pre-incapacity income as a super contribution subject to the level of you have paid into your NGS Super account. The monthly payment you receive will be based on your pre-incapacity income, the number of you have and whether you are receiving income from other sources. The insurer may require progress reports over the period that you receive your payments. You may also need to provide further medical evidence or undergo any examinations required by the insurer. NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 06
IP Example 1) Sonia is age 40 and receives a salary of $85,000 a year. She has seven units Plus IP, and each unit provides for $11,400 of income, which gives her of $79,800 (including 10% super contribution) for up to $88,667 worth of income. This is sufficient to her full annual salary, which means she is eligible for the full 90% IP benefit which provides a monthly income benefit of 80% of her pre-incapacity monthly income plus up to 10% of her pre-incapacity monthly income which will be paid to her NGS Super account. Sonia has a serious car accident and can t work for six months. After expiry of the waiting period, her seven IP provide for a maximum total monthly benefit of $6,375 (90% x $85,000/12) including super. Sonia receives 80% of her pre-incapacity monthly salary as income, which is $5,667 (80% x $85,000/12). The remainder of her total monthly benefit is $708 and this goes into her account with NGS Super as a super contribution. IP Example 2) Justin is age 30 and earns an annual salary of $52,000 and has four units IP (which gives him for a salary of $50,667). He has a skiing accident and injures himself and can t work for six months. Justin s maximum IP benefit will be at the rate of 90% of $50,667, which is $45,600 a year or $3,800 per month. His provides an income at the rate of 80% of $52,000, which is $41,600 a year, or $3,467 a month, after expiry of the waiting period. Life event extra Where a member has existing, they may apply to reduce their benefit payment period or increase their waiting period without having to provide any health information. You may have a life event, such as getting married or buying a house that prompts you to want to make changes to your life, disability and/or income protection. In this case, you have the option to: apply for or to increase by providing evidence of good health, through your Member Online account, or apply to increase your existing, under a life event option, which is subject to certain conditions, timeframes, limits and answering some health questions (depending on responses to these questions further evidence of health may be required). An active employment test applies on the date you apply to increase your. If you do not meet the active employment test, your increase in will be limited. Since the maximum he is entitled to is $45,600 per year, the remaining benefit allows for super contributions of $4,000 a year or $333 a month (in this case, equal to approximately 7.7% of his salary). Since Justin s salary is higher than his IP, his IP benefit works out to be less than 90% of his annual salary approximately 88% in this case. Had he successfully applied for an additional unit of IP, he would have been eligible for the full benefit of 90% of his annual salary (80% income and 10% super). IP Example 3) Tom is age 50 and earns an annual salary of $105,000 and has seven IP, which provides for up to $88,667 of income. Tom is eligible to increase his IP up to nine units, however he decides to stay with his level of. Tom is unable to work for eight months due to illness. While 80% of Tom s actual salary of $105,000 amounts to $7,000 a month, the total monthly benefit his seven provides will be only $6,650 (90% x $88,667/12) including super, after the expiry of the waiting period. In Tom s case, his is not enough to 80% of his preincapacity earnings so he would not be eligible for a superannuation contribution benefit. Had Tom increased his IP to nine units to fully his annual salary he would have been entitled to receive a maximum benefit of $7,875 per month (90% x $105,000/12) including super. Of this amount, $7,000 would have been paid as a monthly income benefit ($84,000 a year) and the remaining $875 would have been available to be paid as 10% monthly super contributions (or $10,500 per year). NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 07
The life events for which you can apply to vary are: getting married when you start a family (birth or adoption) commencing a new mortgage to purchase a residential home your child s first day at school (primary or secondary) getting a divorce death of your spouse first becoming eligible for Centrelink carer s allowance. Please note that you cannot utilise this option more than once in any year (or four times since 1 July 2014) and conditions apply. Provided you have fewer than nine units of age-based (for IP this relates to 90-day waiting period, 5 year benefit period), you can apply for an additional unit of: life/ti if you are aged 74 or younger, disability (TPD) and/or income protection, if you are aged 64 or younger. To apply for extra life event, complete the Extra Cover Option form which is available on the NGS Super website at www.ngssuper.com.au (select Super Members > Forms). Your form must be received by NGS Super within 120 days of the life event. If your current has been issued with any special conditions or exclusions, these will also apply to your adjusted. No will be paid within the first 13 months with NGS Super if: Interim accident Cover Life and disability (TPD) Income protection If you have made a request for an increase in life only, combined life and disability or disability only, you receive interim accidental while the insurer considers your request. The type of interim accidental you receive will be same as the type of you have applied to NGS Super for 10, up to the lesser of amount applied for or $2,000,000 including any you may already have with NGS Super. Interim accidental will start from the date NGS Super receives your application for and continue until the earlier of: the date you withdraw your application for the date the insurer accepts or rejects your application for 120 days from the date NGS Super receives your application for. The insurer will only pay an accidental life or disability (TPD) benefit if you die or become disabled within 120 days of an accident that results in bodily injury and which was caused solely and directly by accidental, external and visible means and not related to any other cause. If you have applied for IP or to increase your IP, you receive interim accident while the insurer considers your request. The amount of interim accident you receive will be the lesser of: the monthly benefit being applied for, or 90% of your monthly pre-incapacity income (including 10% super contribution). The maximum amount of interim accident IP available is $15,000 per month with the same waiting period as any existing (otherwise will be 90 days) and a benefit payment period of up to two years. Interim accident IP will start from the date NGS Super receives your application for IP and continue until the earlier of: the date you withdraw your application for the date the insurer accepts or rejects your application for 120 days from the date NGS Super receives your application for If you become entitled to make a claim for any life, disability or income protection interim accident, your application for is automatically cancelled. 10 Interim accidental does not include against terminal illness. your death is due to suicide your terminal illness or disability (TPD) is due to either self-inflicted injury or infection attempted suicide regardless of whether or not you are sane at the time. NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 08
Cost and level of life and disability (TPD) Table 5 shows the cost of standard life (including terminal illness) and disability (TPD) (five for NGS Plus and four for NGS ) for default age-based units, based on your age. Any application for age-based that exceeds nine units will be added in the form of fixed units, in $10,000 multiples. A reduced premium will generally apply to any combined life/ti and disability (TPD) portion above nine, or for fixed. For more details on the cost of fixed, you can refer to the NGS Super life and disability (TPD) fixed premiums fact sheet available on our website at www.ngssuper.com.au (select Super Members > Fact sheets, Reports & PDS). Table 5 Life Disability Age last birthday One unit of life Five week for five Four units week for four units 15 $2,000 $10,000 $0.04 $8,000 $0.04 16 $2,000 $10,000 $0.04 $8,000 $0.04 17 $2,000 $10,000 $0.05 $8,000 $0.05 18 $2,000 $10,000 $0.05 $8,000 $0.05 19 $2,000 $10,000 $0.06 $8,000 $0.06 20 $10,000 $50,000 $0.30 $40,000* $0.32 21 $10,000 $50,000 $0.30 $40,000* $0.32 22 $10,000 $50,000 $0.29 $40,000* $0.31 23 $10,000 $50,000 $0.29 $40,000* $0.31 24 $10,000 $50,000 $0.28 $40,000* $0.30 25 $72,000 $360,000 $2.01 $288,000 $2.17 26 $80,400 $402,000 $2.23 $321,600 $2.40 27 $88,800 $444,000 $2.48 $355,200 $2.68 28 $97,200 $486,000 $2.75 $388,800 $2.96 29 $105,600 $528,000 $3.04 $422,400 $3.28 30 $114,000 $570,000 $3.33 $456,000 $3.59 31 $114,000 $570,000 $3.40 $456,000 $3.67 32 $114,000 $570,000 $3.52 $456,000 $3.80 33 $114,000 $570,000 $3.62 $456,000 $3.91 34 $114,000 $570,000 $3.82 $456,000 $4.13 35 $114,000 $570,000 $4.07 $456,000 $4.40 36 $114,000 $570,000 $4.37 $456,000 $4.72 37 $114,000 $570,000 $4.69 $456,000 $5.06 38 $114,000 $570,000 $5.06 $456,000 $5.46 39 $112,000 $560,000 $5.41 $448,000 $5.84 40 $110,000 $550,000 $5.78 $440,000 $6.24 41 $108,000 $540,000 $6.13 $432,000 $6.62 42 $108,000 $540,000 $6.74 $432,000 $7.27 43 $106,000 $530,000 $7.20 $424,000 $7.77 44 $102,000 $510,000 $7.56 $408,000 $8.16 45 $98,000 $490,000 $7.94 $392,000 $8.57 46 $96,000 $480,000 $8.50 $384,000 $9.18 Age last birthday One unit of disability Five week for five Four units week for four units 15 $12,000 $60,000 $0.01 $48,000 $0.01 16 $12,000 $60,000 $0.01 $48,000 $0.01 17 $12,000 $60,000 $0.02 $48,000 $0.04 18 $14,000 $70,000 $0.04 $56,000 $0.10 19 $14,000 $70,000 $0.05 $56,000 $0.15 20 $14,000 $70,000 $0.06 $56,000 $0.18 21 $16,000 $80,000 $0.09 $64,000 $0.27 22 $18,000 $90,000 $0.12 $72,000 $0.34 23 $20,000 $100,000 $0.14 $80,000 $0.41 24 $28,000 $140,000 $0.22 $112,000 $0.65 25 $34,000 $170,000 $0.29 $136,000 $0.86 26 $40,000 $200,000 $0.38 $160,000 $1.11 27 $38,000 $190,000 $0.39 $152,000 $1.15 28 $36,000 $180,000 $0.40 $144,000 $1.18 29 $34,000 $170,000 $0.41 $136,000 $1.21 30 $34,000 $170,000 $0.45 $136,000 $1.32 31 $32,000 $160,000 $0.46 $128,000 $1.36 32 $32,000 $160,000 $0.50 $128,000 $1.48 33 $32,000 $160,000 $0.55 $128,000 $1.61 34 $32,000 $160,000 $0.61 $128,000 $1.79 35 $32,000 $160,000 $0.68 $128,000 $2.01 36 $30,000 $150,000 $0.72 $120,000 $2.12 37 $28,000 $140,000 $0.75 $112,000 $2.21 38 $28,000 $140,000 $0.84 $112,000 $2.47 39 $28,000 $140,000 $0.95 $112,000 $2.81 40 $28,000 $140,000 $1.08 $112,000 $3.18 41 $28,000 $140,000 $1.20 $112,000 $3.55 42 $26,000 $130,000 $1.27 $104,000 $3.76 43 $26,000 $130,000 $1.43 $104,000 $4.22 44 $26,000 $130,000 $1.60 $104,000 $4.74 45 $26,000 $130,000 $1.81 $104,000 $5.34 46 $26,000 $130,000 $2.03 $104,000 $6.01 * Legislative minimum applies. For ages 20-24, standard (four units) is $50,000 for the premium shown, unless any election to change life has been accepted. Otherwise, table rates apply. NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 09
Table 5 continued Life Disability Age last birthday One unit of life Five week for five Four units week for four units Age last birthday One unit of disability Five week for five Four units week for four units 47 $92,000 $460,000 $8.90 $368,000 $9.61 48 $88,000 $440,000 $9.28 $352,000 $10.02 49 $84,000 $420,000 $9.68 $336,000 $10.45 50 $78,000 $390,000 $9.81 $312,000 $10.59 51 $74,000 $370,000 $10.22 $296,000 $11.04 52 $68,000 $340,000 $10.29 $272,000 $11.11 53 $56,000 $280,000 $9.28 $224,000 $10.02 54 $50,000 $250,000 $9.17 $200,000 $9.90 55 $44,000 $220,000 $8.94 $176,000 $9.65 56 $36,000 $180,000 $8.12 $144,000 $8.76 57 $30,000 $150,000 $7.53 $120,000 $8.13 58 $24,000 $120,000 $6.70 $96,000 $7.23 59 $16,000 $80,000 $4.91 $64,000 $5.30 60 $10,000 $50,000 $3.35 $40,000 $3.61 61 $2,000 $10,000 $0.71 $8,000 $0.76 62 $2,000 $10,000 $0.80 $8,000 $0.86 63 $2,000 $10,000 $0.90 $8,000 $0.97 64 $2,000 $10,000 $1.09 $8,000 $1.18 65 $2,000 $10,000 $1.38 $8,000 $1.49 66 $2,000 $10,000 $1.55 $8,000 $1.67 67 $2,000 $10,000 $1.73 $8,000 $1.86 68 $2,000 $10,000 $1.94 $8,000 $2.09 69 $2,000 $10,000 $2.17 $8,000 $2.34 70 $2,000 $10,000 $2.44 $8,000 $2.63 71 $2,000 $10,000 $2.74 $8,000 $2.96 72 $2,000 $10,000 $3.08 $8,000 $3.32 73 $2,000 $10,000 $3.45 $8,000 $3.72 74 $2,000 $10,000 $3.85 $8,000 $4.15 47 $24,000 $120,000 $2.10 $96,000 $6.22 48 $24,000 $120,000 $2.36 $96,000 $6.97 49 $24,000 $120,000 $2.66 $96,000 $7.86 50 $22,000 $110,000 $2.72 $88,000 $8.05 51 $22,000 $110,000 $3.05 $88,000 $9.03 52 $20,000 $100,000 $3.11 $80,000 $9.21 53 $18,200 $91,000 $3.19 $72,800 $9.43 54 $16,400 $82,000 $3.25 $65,600 $9.61 55 $14,600 $73,000 $3.28 $58,400 $9.69 56 $12,800 $64,000 $3.27 $51,200 $9.68 57 $11,600 $58,000 $3.39 $46,400 $10.02 58 $10,400 $52,000 $3.47 $41,600 $10.26 59 $9,200 $46,000 $3.51 $36,800 $10.39 60 $8,000 $40,000 $3.51 $32,000 $10.37 61 $4,800 $24,000 $2.42 $19,200 $7.16 62 $3,600 $18,000 $2.08 $14,400 $6.16 63 $2,400 $12,000 $1.60 $9,600 $4.72 64 $1,200 $6,000 $0.92 $4,800 $2.71 Please note: all premiums are calculated to three decimal places but are rounded to two decimal places (and in some cases a minimum of $0.01 applied) in this fact sheet for ease of understanding. This means that the premiums deducted from your account may differ slightly from those shown here. NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 10
Cost and level of income protection Table 5 shows the cost of standard IP (five for and four for NGS ) for default five year benefit payment and 90 day waiting period, based on your age. Any application for age-based that exceeds nine units will be added in the form of fixed units in $1,000 per annum benefit multiples. Any application for other income protection waiting or benefit periods are also provided in the form of fixed units in $1,000 per annum benefit multiples. For more details on the cost of other income protection options, you can refer to the NGS Super income protection premiums fact sheet available on our website at www.ngssuper.com.au (select Super Members > Fact sheets, Reports & PDS). Table 5 continued Income protection (90 day waiting period up to 5 year benefit period) Age last birthday One unit of IP ($pa of benefit) Five ($pa of benefit) week for five Four units ($pa of benefit) week for four units Age last birthday One unit of IP ($pa of benefit) Five ($pa of benefit) week for five Four units ($pa of benefit) week for four units 15 $1,200 $6,000 $0.09 $4,800 $0.13 16 $1,200 $6,000 $0.09 $4,800 $0.13 17 $1,200 $6,000 $0.09 $4,800 $0.13 18 $1,200 $6,000 $0.09 $4,800 $0.13 19 $1,200 $6,000 $0.09 $4,800 $0.13 20 $1,200 $6,000 $0.09 $4,800 $0.13 21 $1,200 $6,000 $0.09 $4,800 $0.13 22 $1,800 $9,000 $0.13 $7,200 $0.19 23 $2,600 $13,000 $0.18 $10,400 $0.27 24 $5,200 $26,000 $0.37 $20,800 $0.55 25 $8,000 $40,000 $0.57 $32,000 $0.84 26 $10,800 $54,000 $0.81 $43,200 $1.19 27 $11,400 $57,000 $0.90 $45,600 $1.33 28 $11,400 $57,000 $0.94 $45,600 $1.38 29 $11,400 $57,000 $0.95 $45,600 $1.41 30 $11,400 $57,000 $0.99 $45,600 $1.47 31 $11,400 $57,000 $1.04 $45,600 $1.54 32 $11,400 $57,000 $1.07 $45,600 $1.58 33 $11,400 $57,000 $1.14 $45,600 $1.68 34 $11,400 $57,000 $1.19 $45,600 $1.75 35 $11,400 $57,000 $1.32 $45,600 $1.95 36 $11,400 $57,000 $1.38 $45,600 $2.04 37 $11,400 $57,000 $1.46 $45,600 $2.15 38 $11,400 $57,000 $1.66 $45,600 $2.46 39 $11,400 $57,000 $1.73 $45,600 $2.55 40 $11,400 $57,000 $1.97 $45,600 $2.92 41 $11,400 $57,000 $2.10 $45,600 $3.11 42 $11,400 $57,000 $2.36 $45,600 $3.49 43 $11,400 $57,000 $2.69 $45,600 $3.98 44 $11,400 $57,000 $2.90 $45,600 $4.29 45 $11,400 $57,000 $3.20 $45,600 $4.73 46 $11,400 $57,000 $3.54 $45,600 $5.23 47 $11,400 $57,000 $3.86 $45,600 $5.71 48 $11,400 $57,000 $4.40 $45,600 $6.51 49 $11,400 $57,000 $4.75 $45,600 $7.03 50 $11,400 $57,000 $5.26 $45,600 $7.78 51 $11,400 $57,000 $5.98 $45,600 $8.84 52 $11,400 $57,000 $6.47 $45,600 $9.58 53 $11,400 $57,000 $7.10 $45,600 $10.50 54 $11,400 $57,000 $7.59 $45,600 $11.23 55 $11,400 $57,000 $8.40 $45,600 $12.43 56 $11,400 $57,000 $9.11 $45,600 $13.48 57 $11,400 $57,000 $9.86 $45,600 $14.59 58 $11,400 $57,000 $10.73 $45,600 $15.87 59 $11,400 $57,000 $11.61 $45,600 $17.18 60 $11,400 $57,000 $11.42 $45,600 $16.90 61 $11,200 $56,000 $10.25 $44,800 $15.16 62 $10,200 $51,000 $8.04 $40,800 $11.89 63 $10,000 $50,000 $5.56 $40,000 $8.23 64 $9,000 $45,000 $1.61 $36,000 $2.38 NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 11
NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 12
age-based life (including terminal illness - TI), disability (TPD) and income protection (IP) When you join NGS Super you are provided (subject to being eligible) with standard insurance for life/ti, disability (TPD) and income protection (with monthly payments for up to five years after a 90-day waiting period). This standard is five for and four for NGS. If you are aged 65 or over but under age 70 when you join, you will only receive for life/ti only. If you would like to apply for nonstandard, you will need to provide evidence of good health. You can do this by applying online through your Member Online account or completing an Insurance Variation form and a Personal Statement available on our website at www.ngssuper.com.au (select Super Members > Forms). Life/TI and Disability (TPD) Example Tom is currently 33 years old and works for an employer in the NGS Plus occupational category. Tom received automatic standard of five life/ti (totalling $570,000) and disability (TPD) (totalling $160,000) when he joined NGS Super, at a cost of $4.17 per week. When Tom turns 34 the total value of his five life/ti and disability (TPD) units will remain the same (based on his age) but his premium will increase to $4.43 per week. How much do you need? In addition to being able to obtain online quotes and apply for through your Member Online account, NGS Super Online Protect provides access to a needs analysis calculator, which only requires basic inputs to provide you with suggested levels. Fixed for life/ti and disability (TPD) The amount of life/ti only, combined life/ TI and disability or disability only fixed will stay at the fixed amount agreed between you and NGS Super and won t decrease as you get older, except for disability which decreases by 20% a year from age 61 to be nil at age 65 (as outlined in Table 6 below). Your life/ti continues at the fixed amount until you reach age 75 (or age 65, if you do not have life/ti to age 75). The cost for fixed will generally increase as you get older. Table 6 Age last birthday Proportion of fixed disability (TPD) that applies to the insured member 60 100% 61 80% 62 60% 63 40% 64 20% 65 Nil Any requests for fixed must be accepted by the insurer and will depend on an assessment by the insurer based upon evidence of your health (if required) and any other requested information. You can choose to have fixed only for life and/or disability benefits in multiples of $10,000. You can also choose to apply for different levels of life/ti and disability. Any application for age-based that exceeds nine units will also be added in the form of fixed units, in $10,000 multiples. A discounted premium generally applies for combined life and disability to any portion above nine units or for fixed. Please note that your requested benefit may be rounded up due to the way level is structured. Cost of fixed The cost for fixed is calculated based on your age at your last birthday, occupation and the amount and type of you have requested. The cost of fixed generally increases as you get older i.e. each year, following your birthday. For more details on the cost of fixed, you can refer to the NGS Super life and disability (TPD) fixed premiums fact sheet. Payment of a terminal illness or disability (TPD) benefit If you receive an insured terminal illness or disability payment to your account, it will be paid into the NGS Super Cash and Term Deposits investment option. You then have the option to switch it into your choice of investment option(s). This will not affect the investment of your other super, which will stay invested in the investment option(s) you have already chosen. Payment of a life benefit In the event of your death, your account balance including the insured portion of the benefit payment will be paid into the NGS Super Cash and Term Deposits investment option until it is paid to your beneficiaries. Action point If your personal circumstances change (for example, you marry, get a divorce, have a baby or buy a house), think about whether your is still enough to protect your changed situation? Not sure? Speak to an NGS Super Financial planner or call our Customer Service Team on 1300 133 177. NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 13
Changing your You can apply to start, stop, increase or decrease your at any time by completing the Insurance Variation form available from our website at www.ngssuper.com.au (select Super Members > Forms). If you elect to reduce or cancel your, you will need to provide health information should you request an increase in from NGS Super in the future. The insurer will require information from you and this will depend on the level of or the nature of the change you re applying for. This information may include a medical examination. You must provide all the requested information so that the insurer can assess your application. Your application may be declined if you don t provide certain information, or if your request is unclear or not signed. Once the insurer has assessed your application, NGS Super will write to let you know the decision including whether any special conditions, restrictions or exclusions apply to your. Your premiums will be adjusted accordingly. If the insurer cannot provide the increased you ve requested, NGS Super will let you know in writing. Transferring your insurance from another fund If you re an NGS Super member who has in another super fund and want to consolidate your super accounts, you can request to transfer your into NGS Super beforehand, subject to the following conditions being met: you must be under age 60 at the date of insurance transfer for to be accepted once new has been confirmed in writing as accepted by NGS Super, the in your former fund is then cancelled you have not received, nor are eligible to receive, a total and permanent disablement benefit from another super fund or insurance arrangement you are not terminally ill with a life expectancy of less than 12 months you are not restricted because of injury or illness, from carrying out the identifiable duties of your current and normal occupation for at least 35 hours per week (even if at the time of application you are working less than 35 hours per week) you transfer, once new has been confirmed in writing as accepted by NGS Super, your total available former super account balance into NGS Super within 60 days you do not take a continuation option, reinstate or transfer the insurance in your former fund, to any other part of the former fund or any fund other than NGS Super you provide a copy of an up-to-date statement or other written evidence (dated within 45 days of your application to transfer being received by NGS Super) confirming the type and level of (including details of any exclusions that apply) you hold with your former fund you satisfactorily complete the Insurance Transfer form available on our website at www.ngssuper.com.au (select Super Members > Forms). Acceptance of your transfer request will depend on whether the insurer accepts your transfer application. Some limitations may apply. For example, the maximum amount of IP that can be transferred is $20,000 per month, and a maximum amount of $2,000,000 for life/disability this is inclusive of any current standard you have where evidence of good health was not required. You must not cancel your existing until you receive written confirmation from NGS Super that your transfer request has been accepted together with the terms that apply to your. If the insurer accepts your application, you will receive an amount of equivalent to the level of currently held with your former fund, and any special conditions such as exclusions will continue to apply in NGS Super. If the transferred is death only, disability only or combined death and disability, it will apply in addition to any existing you may hold under NGS Super. When does my in NGS Super start? NGS Super Industry Plan members If you are an Industry Plan member, your automatic standard will start on the later of: the date you satisfy the insurer s eligibility conditions the start of the period ed by your employer s first super contribution paid to NGS Super on your behalf (this doesn t include salary sacrifice contributions). This contribution must be received from the employer you were employed by when you joined NGS Super. To receive full, you must be in active employment (for a definition of active employment, see page 16 of this fact sheet) on the date your in NGS Super starts. If you are not in active employment on the date your starts, you ll receive limited until you have been in active employment for two consecutive months. Also, in the case of Income Protection, if in the 5 year period prior to automatic standard commencing you have claimed, or are eligible to claim an income replacement benefit (the same as or similar to Income Protection) under any insurance policy for a particular illness or injury, you will not be eligible to receive a benefit for the same or a related illness or injury until you have been in active employment for two consecutive months after the date your with NGS Super starts. If NGS Super receives your first employer super contribution (this doesn t include salary sacrifice contributions) after 120 days of commencing employment with your NGS Super employer, you will receive only limited and any request for change will be subject to evidence of your good health and acceptance by the insurer. NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 14
If your is limited because your first employer super contribution is not received within 120 days, no will be paid within the first 13 months with NGS Super if: your death is due to suicide, self-inflicted injury or infection your terminal illness or disability (TPD) is due to either self-inflicted injury action or infection whether intended or not attempted suicide whether intended or not regardless of whether or not you are sane at the time. Personal Plan members Your will start on the date the insurer accepts your application for insurance. When does my cease? Life/terminal illness (TI) and disability (TPD) will cease on the earliest of any of the following events: the date you turn 65 (for disability ) the date you turn 75 for life/ti (if you joined the Fund after 1 July 2014 at age 69 or younger other than as a transfer from another super fund or you have applied and been accepted for life to age 75); otherwise age 65 the date of your death, where your life/ti is equal to your disability : the date your TI or disability benefit is paid or accepted which reduces the amount of the life to zero the date NGS Super receives written advice from you that you want to cancel your the date you cease to be a member Super the date on which there are insufficient funds in your account to your next premium deduction the date you join any armed forces, other than the Australian Armed Forces Reserve the date the NGS Super insurance policy with the insurer terminates, unless that policy is replaced immediately by a policy with another insurer providing equivalent. Reinstatement of your If you have cancelled your NGS Super and you subsequently re-apply for, your application will be subject to evidence of your good health and acceptance by the insurer. If you are an NGS Super Industry Plan member and your has stopped involuntarily, due to insufficient funds in your NGS Super account to the next premium deduction, you can apply to recommence standard after an employer super contribution is received by NGS Super or your may be reinstated at your previous level (but will continue to be subject to any loadings, exclusions or other special conditions that applied before the ceased) provided the following conditions are met: i. your employer s super contribution is received by NGS Super within six months from the date that last ceased with NGS Super ii. you remained a member Super from the time the ended until the time the required employer contribution is received iii. you are in active employment with an NGS Super contributing employer on the recommencement date. Industry Plan members: while on unpaid leave Cover continues automatically in NGS Super while you are on leave without pay as long as there are sufficient funds in your NGS Super account to your premiums. However, if you are not in receipt of any income, any claim for income protection could be based on a reduced or nil income. When am I considered to be disabled? The insurer has a specific definition for total and permanent disablement which you must meet to qualify for a benefit. Please refer to the Terminal Illness Life and Disability (TPD) definitions schedule on our website for further details. Any applicable IP will also continue to be paid. Terminal illness You are considered to be terminally ill (for the purpose of your eligibility to be paid an insured terminal illness benefit) when you suffer from an illness which: (a) two medical practitioners, at least one specialising in your illness, have certified in writing that despite reasonable medical treatment will lead to your death within 12 months of the date of the certification, and (b) the insurer is satisfied, on medical or other evidence, that despite reasonable medical treatment will lead to your death within 12 months of the date of the certification referred to in paragraph (a). The illness from which you suffer must occur, and the date of the certification referred to in paragraph (a) must take place, while you are insured under this policy. If your employer super contribution is received by NGS Super more than six months from the date your last ceased through NGS Super, but conditions (ii) and (iii) above are satisfied, you will only receive automatic standard level from the recommencement date. If you are not in active employment on the recommencement date but meet all other conditions for reinstatement of, you will receive limited until you return to active employment for two consecutive months. NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 15
Terminal medical condition You are considered to be suffering from a terminal medical condition (for the purpose of your eligibility to gain access to your superannuation account balance, whether or not it includes any insurance benefit) when: (a) two registered medical practitioners have certified, jointly or separately, that you are suffering from an illness, or have incurred an injury, that is likely to result in your death within a period (the certification period ) that ends not more than 24 months after the date of the certification, and (b) at least one of the registered medical practitioners is a specialist practising in an area related to your illness or injury, and (c) for each of the certificates, the certification period has not ended. It is important to note that there are circumstances where you may be eligible to access your superannuation account balance because you have a terminal medical condition, even though you may not be eligible for an insured terminal illness benefit. When to make a claim You must notify us in writing as soon as possible after you become aware of any claim or potential claim. Active employment You are in active employment if you satisfy the following: you are employed to carry out identifiable duties you are actively performing those duties in the opinion of the insurer you are not restricted by illness or injury from carrying out those duties on a full time basis (i.e. for at least 35 hours per week) or the duties of your usual occupation on a full time basis even if you are then not working on a full time basis. Limited Limited means you are only ed for life/terminal illness, disability (TPD) and/or income protection arising from an illness that first becomes apparent or an injury that first occurs on or after the date your last commenced, recommenced or increased under the policy. Insurability When a request for is made to the insurer, in making their assessment as to whether this can be provided, the insurer may ask for a range of evidence to determine the member s insurability. This evidence may include evidence to show you are in good health and evidence of your income, occupation and hazardous pursuits. Date of disablement The date of disablement for the purposes of disability means the later of: the date you suffer from the sickness or injury that is the principal cause of your disability the date you cease all employment. However, where you participate in a rehabilitation program and are incapable of returning to employment within 12 months from the date you commenced your absence from employment, the date of disablement will be the date that would have applied if you had not participated in the rehabilitation program. The date of disablement must occur whilst you are ed under the policy. In the event of any discrepancy, the terms and conditions of the policy document will apply. If you are thinking about applying for, changing or increasing your life/terminal illness, disability or income protection, you should consider obtaining professional advice to understand how this works for your personal situation. NGS Super offers a financial planning service. To make an appointment or to speak with a planner, call 1300 133 177. We also have representatives who can provide you with general advice and explain the options available through NGS Super. Contact us Our website is your one-stop shop for information about NGS Super. You can also contact us via the Contact Us page at www.ngssuper.com.au or call our Customer Service Team on 1300 133 177 between 8.00am and 8.00pm (AEST/AEDT), Monday to Friday. Important information This fact sheet provides key information for Industry and Personal members of NGS Super. You should consider all the information contained in the Member Guide (Product Disclosure Statement) and incorporated Fact Sheets dated 14 August 2015 before making a decision about investing in NGS Super. The information provided in this fact sheet is general information only and does not take into account your objectives, financial situation or needs. Before making a financial decision, please assess the appropriateness of the information to your individual circumstances and consider seeking professional advice. The NGS Financial Planning Service is offered to members Super (ABN 73 549 180 515) through an arrangement with Mercer Financial Advice (Australia) Pty Ltd (MFA) (ABN 76 153 168 293) which holds an Australian Financial Services Licence No. 411766. www.ngssuper.com.au 1300 133 177 Issued by NGS Super Pty Limited ABN 46 003 491 487 AFSL No 233 154 the Trustee Super ABN 73 549 180 515. 2368 (0615) NGS SUPER LIFE, DISABILITY AND INCOME PROTECTION 16