Salary Continuance Insurance


 

AMG Super offers eligible members Salary Continuance Insurance (SCI). This cover provides 24 hours a day, 7 days a week protection and peace of mind. SCI cover provides a benefit of 75% of your income if are unable to work because of temporary illness or injury.

SCI Waiting Periods

A waiting period is the length of time between when you are first unable to work due to being totally or partially disabled and when the benefit starts being paid. You can select from a 30, 60 or 90 day waiting period.

SCI Benefit Periods

A benefit period is the amount of time your SCI cover will continue to pay you a benefit whilst you are unable to work due to injury or illness. You are able to select from 2 different benefit periods:

  • 2 years

  • To age 65

How much does it cost?

The cost of SCI cover depends on a number of factors including your age, gender, occupation and salary. For a quote you can either contact your financial adviser or AMG Super directly on (07) 3210 6733 or info@amgsuper.com.au.

Automatic Transfer

If you already have existing insurance cover within another super fund AMG allows you to transfer this cover without having to reapply. Please see the Automatic Insurance Transfer page for more details.

How to apply?

To apply for SCI cover you will need to complete the Insurance Cover Application Form return it to AMG Super at the address shown on the form.

All insurance cover is subject to underwriting unless:

  • You have joined AMG under an Employer Plan in which case you may be eligible to receive automatic cover; or

  • You are automatically transferring existing cover from another super fund

Please refer to your membership statement or the Product Disclosure Statement for further details.

More Information

For more information about Salary Continuance Insurance (SCI) cover please refer to the Product Disclosure Statement.