Insurance 

What would happen if you died or were unable to work because of illness or injury? Would you and your family be able to manage financially?

While it’s important to consider your individual situation, insurance might be the safety net you need if, for example: 

• you have children, or have other people that you’re financially responsible for
• you rely on your income to pay your bills, groceries, rent, childcare and education costs and other living expenses 
• you have debts such as a mortgage, car loan or credit card. 

Subject to eligibility, insurance can give you financial security through tough times, helping to cover everyday essentials, debts, medical bills and more. If the unthinkable were to happen, having the right insurance in place can give you the peace of mind that you and your loved ones are protected. 

We make insurance easy: 

• Hostplus represents over 1.8 million members. This means we can negotiate special rates and terms that may not be available to the general public. 
• As an industry fund, we don't allow commissions on our premiums, meaning you only pay for what the product costs.
• Your premiums are automatically deducted from your super balance. And because your employer’s super contributions are taxed at 15%, paying for insurance through super may be tax-effective. However, this approach can reduce your retirement savings, so it’s important to take your financial situation into account when considering whether insurance is right for you. 
• Depending on your eligibility, you may receive default Death and Total & Permanent Disablement (TPD) insurance when you join Hostplus as a super member – without the need for medical checks or lengthy paperwork.  
• We offer specific life events insurance and premium-free parental leave cover to help protect you during life’s big changes. 
• You can cancel your insurance at any time. But if you want more protection, we’ve also got a range of insurance options to suit your circumstances.