Mercy Super - Always for you

Income protection insurance is worth considering for all working people, according to the consumer organisation CHOICE. Since Mercy Super introduced this benefit in July 2009, thousands of members have seen the value of covering their income in the event of sickness or injury.

 

Like all forms of insurance, it is important to take a few moments each year to ensure that the cover is sufficient to meet your needs. Mercy Super's Income Protection insurance covers up to 85% of your annual income.

 

If your salary has changed (and you want to adjust your cover), it is important that you let us know by completing a Change of Insurance Cover form (also available from our office).

 

If your cover will exceed $10,000 per month (i.e. your annual income is over $141,100) you will need to be assessed by the provider of insurance, MLC. If this applies to you, please follow the steps below or contact the Fund.

 

Applying for Insurance

 

If you would like to:

 

• Apply for Life and Total and Permanent Disablement Insurance cover; or
• Apply for Income Protection Insurance cover; or
• Increase your Life and Permanent Disablement Insurance cover; or
• Choose alternative Waiting and Benefit periods on your Income Protection Insurance cover, then please complete the Change of Insurance cover form  and MLC Request for Insurance form.

 

Please complete the Short Form Personal Statement instead of the MLC Request for Insurance, if you:

 

• are less than 55 years of age; and
• are applying for Life only / Life and TPD cover (Max $1 million including existing cover), and
• have answered 'No' to all questions in Section C 'Personal Details' of the Short Form Personal Statement (please refer to Section C 'Health/Lifestyle Questions' before proceeding to complete this form)