CareSuper Enhances Income Protection Benefits for Members

Increased Coverage Limits to Support Financial Security

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

CareSuper has announced an enhancement to its income protection insurance offerings.

Starting 1 April 2026, members can apply for income protection cover up to 87% of their current income, including up to 12% super contributions.

This is an increase from the previous limit of 85% of income, which included up to 10% super contributions.

The maximum amount of cover available remains at $30,000 per month. This adjustment allows members to secure a higher level of income replacement in the event they are unable to work due to illness or injury, thereby providing greater financial security.

It's important to note that existing fixed income protection cover amounts will not change unless members choose to adjust their coverage. Members considering increasing their cover should evaluate their personal financial needs and consult with financial advisors to ensure the additional coverage aligns with their overall financial plans.

Published:Thursday, 16th Apr 2026
Author: Paige Estritori

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Knowledgebase

Term Life Insurance:
A form of life insurance that is a pure protection policy with no cash or maturity value which lasts for a specific length of time, called a term.

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