How to apply for, change or cancel your cover
- Via mail: Alternatively, you can complete the Change your insurance cover form and Personal statement and send it to us.
Transferring your existing IP cover into Catholic Super
You may be able to transfer the IP cover you have with another super fund or life insurer into a Catholic Super account.
Log in to Member Online to apply to transfer your cover, or complete the Transfer your insurance cover to Catholic Super form.
There are some important considerations to be aware of when transferring cover from another insurer. We recommend finding out a little more before you make the change.
Having more than one IP policy
You might have IP cover with more than insurer, either through super or outside of super. While this can offer extra reassurance, there are limits on how much you can receive if you make a claim.
How benefit limits work
Even if you hold multiple IP policies, the total amount you can be paid is capped.
- Most insurers limit IP payments to 70–75% of your pre-disability income.
- With Catholic Super, you can apply for cover of up to 85% (including up to 10% super contributions).
- Across all IP policies you may hold, your total payments cannot be more than these limits.
For example, you can apply for IP cover of up to $30,000 per month. However, the amount you receive will still be limited at a percentage of your income, up to the applicable limit.
What can reduce your IP payments
Your IP benefit may be reduced if you receive income from other sources at the same time. This is called an offset.
Your IP payments may be affected if you receive money from:
- another IP policy or another super fund
- employer-paid sick leave
- workers’ compensation or motor accident claims
- court settlements or compensation related to loss if income or earning capacity from the same illness or injury
- accident compensation or other similar benefits paid under State, Territory or Federal legislation, such as Department of Veterans’ Affairs.
Having more than one policy doesn’t mean you’ll receive multiple full payments. Any payments you receive are adjusted so they stay within the allowed limits.
For example, if you’re receiving workers’ compensation that already replaces more than 75% of your income, your IP benefit may be fully offset, meaning no additional payment is made.
Check your cover
It’s a good idea to review your IP cover from time to time to make sure it still suits your needs. You can use our online calculator to get a clearer idea of your current cover.
If you’re unsure how multiple policies work together or whether your cover is right for you, you can also speak with a Catholic Super financial planner for personalised advice.
Eligibility criteria apply for insurance, and the insurer is MetLife Insurance Limited (ABN 75 004 274 882 AFSL 238096). Please refer to the Insurance in your super guide for more information.
Download the guide
For more information on IP cover and how it works, refer to our Insurance in your super guide.
