Professional and Executive occupation category

Make sure you're eligible

You're eligible if you meet all these criteria:

• You earn a gross income of at least $100,000 a year¹
• You primarily work in an office environment and sedentary capacity² no less than 80% of the time (excluding travel time from office to office)
• You meet either the Professional or Executive definition:
  
  
  • Professional: you hold a tertiary qualification or are a member of a professional institute or body approved by our Insurer³
  
  
  • Executive: you're part of your employer's executive management team ⁴

If you work part time, you could still be eligible to apply if your pro-rata income is $100,000 p.a. or more and you work at least 0.6 Full-Time Equivalent (FTE). For example, if you work three days a week and earn $63,000 p.a., your FTE would be $105,000 p.a., which is more than the $100,000 minimum amount.

Understand your insurance

It's important that you understand how your insurance works before making any changes.

When you apply, you'll need to confirm that you've read our Insurance and your super brochure.

Important note about your insurance changes

Your death and TPD cover will be fixed

Once you become covered for our Professional and Executive category, the value of your Death and/or TPD cover will be fixed automatically. This means you'll be covered for the same amount until you turn 61, unless you choose to change it in the future.

However, when you turn 61, any TPD amount insured will reduce linearly on each birthday until is it $10,000 at age 65. It will remain at this amount until you turn 67, when it will reduce to zero. Your Death cover will remain fixed (unless you change it), until it expires when you turn 70.