Transfer cover
If you have super accounts outside of BUSSQ that include Death, Disability or Income Protection insurance, you might be able to transfer the cover to your BUSSQ account.
Keep things simple
Having one super account makes sense - less fees, less paperwork. If you have rolled over your insurance cover to BUSSQ, you should consider rolling over your account balance from your other fund as well.
Apply to transfer your cover
You can apply to transfer up to $1 million of Death only or Death and TPD cover and up to $10,000 per month (before tax) of Income Protection cover from your other super fund(s) to BUSSQ.
Don’t cancel other insurance cover or close another super account before your application to transfer cover is accepted by BUSSQ (in writing).
To transfer your insurance cover to BUSSQ, follow these easy steps:
- If you're not already a member, join BUSSQ.
- Apply to transfer your current insurance cover to BUSSQ by completing either the:
- Rollover your other funds to BUSSQ. Before you do, consider if you will lose any benefits or options, or if there are any fee or tax implications.
- Apply for additional insurance cover you may want. Conditions apply.
Insurance articles
It's time to get real about death
Nobody likes talking about it. Just thinking about it can give you serious chills. If you bring it up around old people, everyone glares at you until you stop. No, we’re not talking about a reality TV family, religion, or the price of porridge and Metamucil these days. We’re talking about death. Specifically funerals.
Protect your child's financial future
BUSSQ is one of only a few super funds that allows you to nominate the balance of your super account to be paid to your dependant children as an income stream if you pass away.
Early access of your super
We understand that sometimes in life your finances can get on top of you.