Protecting your business Consulting Matters
25
Introducing Cbus Corporate Super BETTER SUITED INSURANCE COVER OPTIONS FOR EXECUTIVES, PROFESSIONALS AND MOSTLY OFFICEBASED EMPLOYEES.
• competitive premiums for death and total and permanent disablement (TPD) cover4
At Cbus, we understand the risks of working in the building, construction and allied industries, that’s why our insurance has catered to the needs of people working in these industries since our beginning in 1984.
• tailored education information sessions and access to financial advice
The introduction of Corporate Super means that more members can have insurance tailored to their needs and occupation.
We offer insurance cover options to meet our members’ needs, whether they spend most of their time in an office environment or undertake limited manual work6. Our occupation categories are based on the duties performed so that members can benefit from more competitive premiums according to their role. For more information on each of the occupation categories, see the relevant Product Disclosure Statement (PDS) on our website.
Executives, professionals and mostly officebased employees will have access to better suited death, total and permanent disablement (TPD) cover and income protection as part of Cbus Corporate Super – with all the same great benefits of Cbus Industry Super. You’ll need a minimum of 50 eligible1 employees to join.
• automatic income protection5
6. Less than 20% of your job involves manual or physical work.
We cater to our industry
It is important to note that employees won’t receive automatic insurance cover if they’re under 25 years of age or have less than $6,000 in their account, unless they have elected to have cover.
If you’d like to learn more about Cbus Corporate Super, please contact your local Cbus representative. If Cbus Corporate Super is right for your business, we can provide a quote based on the number of employees and your claims history.
With Cbus Corporate Super, your business will benefit from:
Felicia Goh Cbus
•o ur experience as a long-standing super fund – we have over 152,000 employers and 759,000 members2 • f lexible insurance options – choose from three insurance designs to meet the needs of your employees •e asy super administration – SuperStream approved payment systems available •d edicated relationship managers – to assist with your super obligations
And, your employees will benefit from: • a history of strong long-term investment performance with an average annual return3 of 9.23% over the last 35 years, as at 30 June 2019 for the Growth (Cbus MySuper) option
5. T o be eligible for income protection, it must be part of the chosen insurance design and employees must be working at least 15 hours or more per week. By law, members won’t receive automatic insurance cover if they’re under 25 years of age or have less than $6,000 in their account, unless they have elected to have cover.
1. To be eligible for membership of Corporate Super your employees must meet one of the occupation categories, plus certain other conditions as set out in the Policy. If the number of employees who are members of Cbus Corporate Super falls below 30 insured members on 1 July of any year, you and your employees will be transferred to Cbus Industry Super. 2. As at 31 December 2019 3. Since inception to 30 June 2019, based on the crediting rate, which is the return minus investment fees, taxes, and until 31 January 2020, the percentage-based administration fee. Excludes fees and costs that are deducted directly from members’ accounts. Past performance is not a reliable indicator of future performance. 4. Competitive Group Life Premiums based on a comparative assessment by The Heron Partnership in August 2019.
This information is about Cbus. It doesn’t take into account your specific needs, so you should look at your own financial position, objectives and requirements before making any financial decisions. Read the relevant Cbus Product Disclosure Statement and related documents to decide whether Cbus is right for you. Call 1300 361 784 or visit www.cbussuper.com.au for a copy. Cbus’ Trustee: United Super Pty Ltd ABN 46 006 261 623 AFSL 233792 Cbus ABN 75 493 363 262
