SMSF insurance

Please note, SMSF Insurance is closed to new clients. If you currently hold SMSF Insurance, you can apply to change your cover by completing the IOOF SMSF Insurance Personal Statement.

SMSF Insurance gives you access to death only cover or death and Total and Permanent Disablement (TPD) insurance designed specifically for self-managed super funds.

Key features

  • Suitable for SMSF members aged between 16 and 64
  • Benefit expiry age of 70
  • No maximum sum insured for death cover and up to $3 million for TPD cover
  • Interim accidental death cover during application assessment included, up to $1 million for up to 90 days
  • Competitive premiums, especially for ages 50 and over
  • Easy acceptance up to $1.5 million
  • Transfer of existing cover from other insurers and superannuation funds permitted, up to $2 million cover
  • TPD definition aligned to superannuation legislation
  • Terminal Illness included, up to the first $2 million of death cover
  • One stop application and administration management by TAL
  • Competitive premiums
  • Yearly premium renewal, on 1 July common renewal date
  • TPD claim qualification period 90 days
  • Built in inflation protection
  • Continuation option available within 30 days of leaving the SMSF, up to age 60 and no requirement for further evidence of health
  • Issued, underwritten and administered by TAL Life Limited ABN 70 050 109 450 AFSL 237848 (TAL)

Further information

For day-to-day enquiries please contact:

Applications should be mailed to:

  • TAL Life Limited
    Group Life Administration
    GPO Box 5380
    Sydney NSW 2001