It’s important you tell us your Occupation Group as soon as possible as it affects how much you pay for your insurance. If you don’t tell us, you could pay more for your insurance than you have to.
Once your Basic Cover has started in the Default Division, you can opt-in to the Mining Division within 60 days of the date of your Insurance Welcome letter. You do not need to be a miner to opt into the Mining Division.
Once you’re in the Mining Division, you’re unable to switch back into the Default Division, but you can cancel or change your insurance at any time. If you decide to not opt into the Mining Division, you’re unable to do so in the future.
To opt into the Mining Division, complete the Opt-in to the Mining Division form.
Have insurance with another super fund or life insurer? You can apply to transfer any existing Death, Terminal Illness, Total and Permanent Disablement and Income Protection (IP) insurance you have without a full medical and lifestyle check. Conditions apply - please refer to the Product Disclosure Statement and relevant Insurance Guide.
You can apply to transfer cover held outside of Mine Super by completing the relevant insurance transfer form available on our website and returning it to us with an up to date statement, or other written evidence, from your other super fund or insurer confirming the type and level of cover you have with them. Please note: Confirmation of your existing cover must be received by Mine Super within 60 days of it being issued.
Your transfer request isn’t automatic. It’s subject to our insurer’s acceptance and some limitations apply. Examples of risks you should consider when transferring your existing cover include the loss of any accrued benefits, any new health issues that you may not be covered for under your new cover, the possibility of waiting periods having to start again, and the implications if you don't disclose all relevant information on an application form (even if unintentional). To ensure you’re covered at all times, don’t cancel your other cover until you’ve received written confirmation that your transfer request was accepted. If you’re not sure, call us on 13 64 63 before cancelling your other cover. Once your cover has been transferred, you must cancel your other policy.
To transfer your insurance, complete the relevant form.
You can cancel your insurance at any time. Here are some important things to remember if you are thinking about cancelling your insurance:
You can opt in* to add cover before you’re eligible for Basic Cover, or to keep your current Basic Cover if your account becomes, or already is, inactive (that is, a contribution hasn’t been credited to your account for 16 months or more).
There might be times in the future when your insurance is cancelled or changed in line with the normal terms and conditions of our insurance, for example you reach the maximum age to have our insurance. If there are any material changes to your insurance, we’ll let you know in writing at least 30 days before the changes take effect. You can find out more by reading the Product Disclosure Statement and relevant Insurance Guide. Importantly, one of the best ways to keep your insurance is to make regular contributions to your account. The best way to do this is to have your employer contribute the compulsory super they pay for you to your Mine Super account.