Insurance Guide - Royal Commission...Insurance Guide Including application to vary insurance REST’s current insurer is AIA Australia Limited: ABN 79 004 837 861, AFSL 230043. Effective

Insurance GuideIncluding application to vary insurance

REST’s current insurer is AIA Australia Limited: ABN 79 004 837 861, AFSL 230043.

Effective 1 January 2010

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Types and levels of insuranceThe types of insurance cover available to REST members are:

Death cover –■■ provides a lump sum or, if chosen, a pension in the event of death

Total and Permanent Disablement (TPD) cover –■■ provides a lump sum or, if chosen, a pension, if you are sick or injured to the extent that you are not expected to ever work again

Long-term Income Protection (IP)■■ – pays you an income if you are unable to work for a prolonged period due to injury or sickness.

Value for moneyREST provides insurance to its members at a group rate through AIA Australia – a leading insurance company. REST uses its buying power to negotiate group insurance costs that compare favourably with what you may otherwise pay as an individual.

The sooner the betterIt’s generally easier to obtain the insurance you need when you’re younger. As time goes on, your medical history grows with each sickness or injury. And it doesn’t have to be really serious – a simple back injury can be an insurance issue. The opportunity to get the right level of cover at competitive rates may never be better than it is today. So don’t put it off – take care of your insurance as soon as you can.

If you are under 18 years of age, we recommend that you discuss your insurance options with your parent/guardian.

The information in this guide is applicable to REST Super members only. If you are a member of REST Personal, please refer to the REST Personal Superannuation Member Guide Product Disclosure Statement for details of your insurance cover options.

REST offers a range of insurance options to protect you and your family against financial hardship if you are unable to work for a long period due to sickness or injury, become permanently disabled or die.

Cover on joining RESTAll new members who join REST are automatically provided with our default Basic Cover package (subject to meeting terms and conditions).

Basic Cover consists of:

five Basic Units of Death cover■■

five Basic Units of TPD cover, and■■

five Basic Units of IP cover.■■

New members joining REST can also take advantage of a special limited offer to increase their Basic Cover by an additional one or two units, without having to provide any medical information.

If you chose to cancel your insurance cover with REST when you first joined, you will not currently have Basic Cover.

Basic Cover changes as your life does The Basic Cover package is designed to protect you throughout your working life, without your active involvement, so the level of cover changes as your life changes at each age.

Basic Cover offers a:

‘Life stage’ approach for Death cover with different levels ■■

of cover at different ages, and a

‘Living benefit’ approach for Disability (TPD and IP) cover ■■

with a long-term IP benefit and a lump sum TPD benefit that work together. The TPD benefit will help you meet upfront expenses and the IP benefit will help you meet living expenses into the future.

To apply for Basic Cover, please read the information provided in this guide carefully and complete the ‘Application to vary insurance’ in the back of the guide.

Your insurance options

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Insurance Guide 3


Cover to suit your needsIncreasing coverYou can apply for additional Voluntary Cover if you would like to be covered for more than our age-based Basic Cover. You can apply for one or a combination of Death, TPD and IP cover, on top of your full Basic Cover (five units).

The cost of Voluntary Cover is based on your age, gender and occupation category, and is set out in the tables on pages 6 – 8.

To apply for Voluntary Cover, please read the information provided in this guide carefully and complete the ‘Application to vary insurance’ at the back of the guide.

For new members who have taken advantage of the special limited offer to increase your Basic Cover, any Voluntary Cover you are accepted for will apply on top of your existing six or seven Basic Units.

Decreasing coverYou can decrease your insurance cover at any time by reducing the total number of units you currently have. If you already have Voluntary Cover, you must decrease your Voluntary Units before you can decrease any Basic Units.

To decrease your cover, please consider your needs carefully and either login to MemberAccess at www.rest.com.au or contact 1300 300 778 to decrease your cover over the phone.

Cancelling coverInsurance cover with REST is not compulsory and you can cancel your cover at any time. However, if you cancel your cover now and decide that you want it back in the future, you will need to provide medical evidence and be assessed by the insurer.

To cancel your cover, please consider your needs carefully and either login to MemberAccess at www.rest.com.au or contact 1300 300 778 to cancel your cover over the phone.

If you are unsure about how much cover you currently have with REST, or if you have cover at all, login to MemberAccess at www.rest.com.au or contact us on 1300 300 778.

Death cover Death cover provides your dependants with a lump sum or, if chosen, a pension in the event of death.

Basic Death coverOur ‘Life stage’ approach for Death cover provides a level of cover in line with the different stages in life. Basic Death cover starts lower when you are younger, automatically increases when the need may be higher, and then reduces again as you get older.

For example, younger people under 25 are generally single, have no dependants and have lower debt levels, meaning they have less need for a high level of Death cover.

As people get older, life changes can include things like finding a partner, having children and getting a mortgage. With increasing financial commitments, there is a need for a corresponding increase in the level of cover.

Life changes again when debts are paid off, the children have left home and people may be starting to think about retirement – and at this time, the need for insurance cover reduces again.

The cost of Basic Death cover and the amount of cover provided depends on your age. See Table 1 on page 6.

Voluntary Death coverVoluntary Death cover is a fixed amount of cover in addition to your Basic Death cover. The amount of this cover does not change with your age, so you have more control over the level of insurance you need.

Each Voluntary Unit of Death cover provides $10,000 of cover until age 70. Subject to approval by the insurer, you can apply for up to $5 million of Death cover on top of your existing Basic Death Cover ($1 million if aged 65 to 69). The cost of Voluntary Units (see Table 1 on page 6) is based on your age, gender and occupation category (Table 4).

When you think about how much cover to apply for, consider how your Basic Cover will change as you age and how this meets your expectations about how much cover you will need at each stage in life.

Terminal illness benefitWhile we hope this will never be a situation you have to face, if you are diagnosed with an illness that means you have a life expectancy of less than 12 months, a terminal illness benefit may be payable that would match the value of your Death cover. The terminal illness benefit is not a stand-alone benefit – it is early payment of the Death benefit.

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Total and Permanent Disablement coverIf you are sick or injured to the extent that you are not expected to ever work again, Total and Permanent Disablement (TPD) cover provides you or your dependants with a lump sum or, if chosen, a pension.

Our TPD benefit aims to help protect you against the financial costs associated with a serious permanent disability.

Definition of Total and Permanent Disablement

TPD means disablement where the insurer is satisfied on medical or other evidence that an insured member:

Part 1 –

a. has been absent from employment for six consecutive months because of sickness or injury, and

b. is so disabled at the start of those six months and continuously since that time, that the insured member is unlikely to ever engage in any reasonably suitable occupation.

In determining whether an occupation is reasonably suitable for an insured member, the insurer considers the skills the member has acquired through education, training and experience.

If the insured member also has REST IP cover, TPD will not be considered until after completion of any relevant rehabilitation in connection with the IP benefit. The skills, education, training and experience acquired through this rehabilitation will be considered in determining any reasonably suited occupation.

OR

Part 2 – suffers the total and permanent loss of the use of:

a. two hands*, or

b. two feet*, or

c. one hand* and one foot*, or

d. one hand* and the sight in one eye, or

e. the sight in both eyes, or

f. one foot* and the sight in one eye.

* Hand means whole hand below the wrist and foot means whole foot below the ankle.

OR

Part 3 – the insured member has become so disabled by bodily injury or sickness that they will never be able to perform at least two of the following activities of daily living:

i. Dressing – the ability to put on and take off clothing without assistance*

ii. Bathing – the ability to wash or shower without assistance*

iii. Toileting – the ability to use the toilet including getting on and off without assistance*

iv. Mobility – the ability to get in and out of bed and a chair without assistance*

v. Feeding – the ability to get food from a plate into the mouth without assistance*

* Assistance means with the help of another person.

Where the insured member:

a. has been in Gainful Employment at any time during the 13 months prior to the incident date, they are considered TPD if they meet any one of Part 1, Part 2 or Part 3.

b. has not been in Gainful Employment at any time during the 13 months prior to the incident date, they are considered TPD if they meet either of Part 2 or Part 3.

Death and TPD are linked benefits which means that payment of a TPD benefit reduces your Death benefit by the same amount and payment of your Death benefit (or terminal illness benefit) reduces your TPD benefit by the same amount. For example, if your Death and TPD cover are for equal amounts and you are paid a TPD benefit, your Death cover will cease. Your Death cover is also offset by the value of any TPD benefit paid to you. This means that if your Death cover is higher than your TPD cover and you are paid a TPD benefit, you will continue to be insured for the balance of your Death cover.

Basic TPD coverThe cost of Basic TPD and the amount of cover provided depends on your age. See Table 2 on page 7.

Voluntary TPD coverEach Voluntary Unit of TPD cover provides $10,000 of cover to age 59 and then starts to reduce until cover is nil at age 70. Subject to approval by the insurer, you can take out up to $2 million of TPD cover ($1 million if aged 65 to 69). The cost of Voluntary Units (see Table 2 on page 7) is based on your age, gender, and occupation category (Table 4).

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Insurance Guide 5


Income Protection definitionsThe following is a summary of defintions applying to IP.

Total DisabilityTotal Disability means that, solely due to sickness or injury, the insured member:

for the first two years of the benefit period is unable to a. perform any of the Important Duties* of his or her own occupation

after expiry of the two years, and for the balance of the b. benefit period, is unable to perform any of the Important Duties* of his or her own occupation and any other occupation for which the insured member is reasonably able to perform by reason of education, training or experience

remains under the regular care, attendance and following c. the advice of a registered medical practitioner in relation to that sickness or injury, and

is not engaged in any occupation (whether or not for d. reward).

The skills, education, training and experience the insured member acquires through rehabilitation in connection with the IP benefit will be considered in determining any reasonably suited occupation.

Partial DisabilityIf an insured member is partially disabled beyond the end of the waiting period and has been totally disabled for at least 14 consecutive days during the waiting period, a partial disability benefit will be payable. This benefit will be a proportion of the full monthly benefit.

Partially disabled means that due to the sickness or injury that caused Total Disability, the insured member:

is unable to perform one or more Important Duties* a. of his or her own occupation

is capable of working, whether or not for rewardb.

is earning a monthly income that is less than his or her c. Pre-Disability Income, and

remains under the regular care, attendance and following d. the advice of a registered medical practitioner in relation to that sickness or injury.

Basic IPThe cost of Basic IP depends on your age and the amount of cover provided depends on your age and Pre-Disability Income, with the maximum being 84% of your Pre-Disability Income (of which 9% of the monthly income benefit payable is paid as superannuation to your REST account). See Table 3 on page 8.

Voluntary IPEach Voluntary Unit of IP provides $1,000 cover until age 65. Subject to approval by the insurer, you can take out up to $20,000 per month of IP on top of your full Basic IP.

The maximum payable is 84% of your Pre-Disability Income (of which 9% of the monthly income benefit payable is paid as superannuation to your REST account), so ensure that you don’t apply for more cover than you need.

The cost of Voluntary Units (see Table 3 on page 8) is based on your age, gender and occupation category (Table 4).

* An Important Duty is one that involves 20% or more of the insured member’s overall tasks.

Income ProtectionIncome Protection (IP) provides an income in times of prolonged absence from work due to sickness or injury. You are eligible to receive an IP benefit if you are disabled continuously for more than the waiting period of 60 days. The benefit starts accruing after the end of the 60 day waiting period and ceases on the earliest of:

when you reach age 60, if you are disabled before age 58■■

your death■■

when you are no longer totally or partially disabled, or■■

at the end of a two-year benefit period (or to age 65 if this ■■

occurs earlier), if you are disabled on or after age 58.

The benefit is paid monthly in arrears and is limited so that it and any other income payments as a result of the disability are no more than 84% of your Pre-Disability Income from personal exertion. Bonuses, commissions and overtime are only included if they are paid regularly. Of this amount, 9% of the monthly income benefit payable to you will be paid as super to REST and the balance (less tax) will be paid directly into your bank account.

Here is an example of the calculations:

Pre-Disability Income per month: $1,000

Benefit: 84% (includes an income component and a super component)

Total benefit = $1,000 x 0.84 = $840

Monthly payment = $770.64 (paid to you, before tax)

Super component = $69.36 (paid to your REST super account)

Offsets Other income payments you receive or are entitled to receive may reduce the amount of any IP benefit paid. These amounts could include payments you may receive while you are disabled, such as workers’ compensation, social security, sick leave or other income benefits, including any income component of a lump sum entitlement. Income also includes income earned and income you are capable of earning as a result of personal exertion.

It is important to notify the insurer of any change to your offsetting benefits as this will change the amount of IP paid to you.

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Table 1 – Death cover and costs

Basic Cover Voluntary Cover

Age Total $ cover (5 Units)

Weekly $ cost

(5 Units)

Value of 1 Unit

($)

Weekly $ cost

(1 Unit)

Cover per Unit

($)

Cost per Unit per week ($) by gender and occupation category (see page 9)

Male Female

Prof WC LM BC HM Prof WC LM BC HM

Up to 17 31,500 0.20 6,300 0.04 10,000 0.06 0.06 0.06 0.16 0.21 0.06 0.06 0.06 0.10 0.1218 52,500 0.55 10,500 0.11 10,000 0.11 0.11 0.11 0.16 0.21 0.06 0.07 0.08 0.10 0.1219 73,500 0.55 14,700 0.11 10,000 0.08 0.08 0.08 0.16 0.21 0.06 0.07 0.08 0.10 0.1220 84,000 0.55 16,800 0.11 10,000 0.07 0.07 0.07 0.16 0.21 0.06 0.07 0.07 0.10 0.1221 105,000 0.55 21,000 0.11 10,000 0.11 0.12 0.13 0.16 0.21 0.06 0.07 0.08 0.10 0.1222 110,500 0.55 22,100 0.11 10,000 0.11 0.12 0.13 0.16 0.21 0.06 0.07 0.08 0.10 0.1223 121,000 0.55 24,200 0.11 10,000 0.11 0.12 0.13 0.16 0.21 0.06 0.07 0.08 0.10 0.1224 131,500 0.55 26,300 0.11 10,000 0.11 0.12 0.13 0.16 0.21 0.06 0.07 0.08 0.10 0.1225 142,000 1.15 28,400 0.23 10,000 0.11 0.12 0.13 0.16 0.21 0.06 0.07 0.08 0.10 0.1226 155,500 1.15 31,100 0.23 10,000 0.11 0.12 0.13 0.16 0.21 0.06 0.07 0.08 0.10 0.1227 168,000 1.15 33,600 0.23 10,000 0.11 0.12 0.13 0.16 0.21 0.06 0.07 0.08 0.10 0.1228 173,500 1.15 34,700 0.23 10,000 0.11 0.12 0.13 0.16 0.21 0.06 0.07 0.08 0.10 0.1229 178,500 1.15 35,700 0.23 10,000 0.11 0.12 0.13 0.16 0.21 0.06 0.07 0.08 0.10 0.1230 184,000 1.15 36,800 0.23 10,000 0.10 0.11 0.11 0.14 0.19 0.06 0.06 0.07 0.09 0.1131 189,000 1.15 37,800 0.23 10,000 0.10 0.11 0.11 0.14 0.19 0.06 0.06 0.07 0.09 0.1132 194,500 1.15 38,900 0.23 10,000 0.10 0.11 0.11 0.14 0.19 0.06 0.06 0.07 0.09 0.1133 199,500 1.15 39,900 0.23 10,000 0.10 0.11 0.11 0.14 0.19 0.06 0.06 0.07 0.09 0.1134 205,000 1.15 41,000 0.23 10,000 0.10 0.11 0.11 0.14 0.19 0.06 0.06 0.07 0.09 0.1135 210,000 1.85 42,000 0.37 10,000 0.10 0.11 0.11 0.14 0.19 0.06 0.06 0.07 0.09 0.1136 215,500 1.85 43,100 0.37 10,000 0.11 0.11 0.12 0.15 0.20 0.06 0.07 0.08 0.10 0.1237 220,500 1.85 44,100 0.37 10,000 0.11 0.12 0.13 0.16 0.21 0.06 0.07 0.08 0.10 0.1238 220,500 1.85 44,100 0.37 10,000 0.12 0.13 0.15 0.18 0.24 0.07 0.08 0.09 0.11 0.1339 220,500 1.85 44,100 0.37 10,000 0.13 0.14 0.16 0.20 0.26 0.08 0.09 0.10 0.11 0.1540 220,500 1.85 44,100 0.37 10,000 0.13 0.15 0.17 0.21 0.27 0.09 0.10 0.11 0.12 0.1641 218,000 1.85 43,600 0.37 10,000 0.16 0.17 0.19 0.24 0.31 0.10 0.11 0.11 0.14 0.1842 215,500 1.85 43,100 0.37 10,000 0.16 0.18 0.20 0.25 0.32 0.11 0.11 0.12 0.15 0.1943 213,000 1.85 42,600 0.37 10,000 0.18 0.20 0.22 0.27 0.34 0.11 0.12 0.13 0.16 0.2144 210,000 1.85 42,000 0.37 10,000 0.20 0.22 0.25 0.30 0.39 0.11 0.13 0.14 0.17 0.2345 208,000 2.65 41,600 0.53 10,000 0.22 0.25 0.27 0.33 0.43 0.13 0.14 0.16 0.20 0.2646 206,000 2.65 41,200 0.53 10,000 0.24 0.27 0.30 0.36 0.47 0.14 0.15 0.17 0.21 0.2747 203,000 2.65 40,600 0.53 10,000 0.26 0.29 0.32 0.39 0.51 0.15 0.17 0.19 0.23 0.3148 199,500 2.65 39,900 0.53 10,000 0.30 0.32 0.36 0.44 0.57 0.18 0.20 0.22 0.27 0.3449 196,500 2.65 39,300 0.53 10,000 0.32 0.36 0.39 0.49 0.63 0.19 0.22 0.24 0.29 0.3750 191,500 2.65 38,300 0.53 10,000 0.35 0.40 0.44 0.53 0.70 0.21 0.23 0.26 0.32 0.4151 186,000 2.65 37,200 0.53 10,000 0.40 0.44 0.49 0.60 0.77 0.23 0.26 0.29 0.34 0.4552 181,000 2.65 36,200 0.53 10,000 0.44 0.49 0.53 0.66 0.86 0.27 0.30 0.32 0.39 0.5253 170,500 2.65 34,100 0.53 10,000 0.49 0.54 0.59 0.74 0.95 0.29 0.32 0.35 0.43 0.5554 160,000 2.65 32,000 0.53 10,000 0.55 0.62 0.68 0.83 1.08 0.32 0.36 0.40 0.49 0.6355 149,500 2.65 29,900 0.53 10,000 0.63 0.70 0.76 0.94 1.21 0.36 0.40 0.45 0.54 0.7156 133,500 2.65 26,700 0.53 10,000 0.68 0.75 0.83 1.02 1.33 0.40 0.45 0.49 0.60 0.7857 118,000 2.65 23,600 0.53 10,000 0.76 0.85 0.94 1.15 1.48 0.45 0.50 0.54 0.67 0.8758 91,500 2.65 18,300 0.53 10,000 0.82 0.92 1.01 1.24 1.60 0.49 0.54 0.59 0.74 0.9559 63,000 2.65 12,600 0.53 10,000 0.92 1.01 1.12 1.38 1.78 0.53 0.59 0.65 0.80 1.0460 42,000 1.45 8,400 0.29 10,000 1.01 1.13 1.23 1.52 1.97 0.59 0.66 0.73 0.90 1.1661 21,000 1.45 4,200 0.29 10,000 1.12 1.24 1.37 1.67 2.17 0.66 0.74 0.80 0.98 1.2862 10,500 1.45 2,100 0.29 10,000 1.23 1.37 1.51 1.84 2.40 0.72 0.80 0.88 1.08 1.3963 10,500 1.45 2,100 0.29 10,000 1.36 1.51 1.65 2.03 2.64 0.79 0.89 0.97 1.19 1.5564 10,500 1.45 2,100 0.29 10,000 1.50 1.66 1.83 2.24 2.91 0.88 0.98 1.08 1.33 1.7265 10,500 1.20 2,100 0.24 10,000 1.66 1.85 2.03 2.49 3.24 0.98 1.09 1.20 1.47 1.9166 10,500 1.20 2,100 0.24 10,000 1.85 2.05 2.26 2.78 3.60 1.09 1.21 1.34 1.63 2.1267 10,500 1.20 2,100 0.24 10,000 2.05 2.27 2.50 3.08 3.98 1.20 1.34 1.47 1.81 2.3568 10,500 1.20 2,100 0.24 10,000 2.27 2.53 2.78 3.41 4.42 1.34 1.49 1.63 2.01 2.6069 10,500 1.20 2,100 0.24 10,000 2.53 2.81 3.09 3.79 4.92 1.49 1.65 1.81 2.23 2.8870 0 0.00 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

The amount of the benefit depends on your age at the incident date. For death, the incident date is your date of death.

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Insurance Guide 7

Table 2 – TPD cover and costs


Age Total $ cover (5 Units)

Weekly $ cost

(5 Units)

Value of 1 Unit

($)

Weekly $ cost

(1 Unit)

Cover per Unit

($)


Male Female


Up to 17 31,500 0.05 6,300 0.01 10,000 0.01 0.01 0.01 0.05 0.11 0.01 0.01 0.01 0.05 0.0918 52,500 0.10 10,500 0.02 10,000 0.01 0.01 0.02 0.05 0.11 0.01 0.02 0.02 0.05 0.0919 52,500 0.10 10,500 0.02 10,000 0.01 0.01 0.02 0.05 0.11 0.01 0.02 0.02 0.05 0.0920 52,500 0.10 10,500 0.02 10,000 0.01 0.01 0.02 0.05 0.11 0.01 0.02 0.02 0.05 0.0921 52,500 0.10 10,500 0.02 10,000 0.01 0.01 0.02 0.05 0.11 0.01 0.02 0.02 0.05 0.0922 52,500 0.10 10,500 0.02 10,000 0.01 0.01 0.02 0.05 0.11 0.01 0.02 0.02 0.05 0.0923 52,500 0.10 10,500 0.02 10,000 0.01 0.01 0.02 0.05 0.11 0.01 0.02 0.02 0.05 0.0924 52,500 0.10 10,500 0.02 10,000 0.01 0.01 0.02 0.05 0.11 0.01 0.02 0.02 0.05 0.0925 52,500 0.40 10,500 0.08 10,000 0.01 0.01 0.02 0.05 0.11 0.01 0.02 0.03 0.05 0.0926 52,500 0.40 10,500 0.08 10,000 0.01 0.01 0.02 0.05 0.11 0.01 0.02 0.03 0.05 0.0927 52,500 0.40 10,500 0.08 10,000 0.01 0.01 0.02 0.05 0.11 0.01 0.02 0.03 0.05 0.0928 52,500 0.40 10,500 0.08 10,000 0.01 0.01 0.02 0.05 0.11 0.01 0.02 0.03 0.05 0.0929 52,500 0.40 10,500 0.08 10,000 0.01 0.01 0.02 0.05 0.11 0.01 0.02 0.03 0.05 0.0930 52,500 0.40 10,500 0.08 10,000 0.02 0.03 0.05 0.08 0.16 0.02 0.03 0.04 0.06 0.1131 52,500 0.40 10,500 0.08 10,000 0.02 0.03 0.05 0.08 0.16 0.03 0.03 0.05 0.07 0.1332 52,500 0.40 10,500 0.08 10,000 0.03 0.04 0.06 0.09 0.18 0.03 0.03 0.05 0.07 0.1333 52,500 0.40 10,500 0.08 10,000 0.04 0.05 0.07 0.12 0.21 0.04 0.04 0.06 0.09 0.1534 52,500 0.40 10,500 0.08 10,000 0.05 0.06 0.08 0.13 0.23 0.04 0.05 0.07 0.10 0.1735 52,500 1.05 10,500 0.21 10,000 0.06 0.07 0.09 0.14 0.25 0.05 0.06 0.08 0.11 0.2036 52,500 1.05 10,500 0.21 10,000 0.06 0.08 0.10 0.16 0.28 0.05 0.06 0.08 0.12 0.2037 52,500 1.05 10,500 0.21 10,000 0.08 0.09 0.12 0.18 0.32 0.06 0.07 0.09 0.13 0.2238 52,500 1.05 10,500 0.21 10,000 0.08 0.10 0.13 0.20 0.35 0.07 0.08 0.10 0.15 0.2539 52,500 1.05 10,500 0.21 10,000 0.10 0.11 0.15 0.23 0.40 0.07 0.09 0.11 0.16 0.2840 52,500 1.05 10,500 0.21 10,000 0.11 0.13 0.17 0.25 0.44 0.08 0.09 0.12 0.18 0.3141 52,500 1.05 10,500 0.21 10,000 0.10 0.12 0.16 0.25 0.44 0.08 0.09 0.12 0.18 0.3142 52,500 1.05 10,500 0.21 10,000 0.13 0.15 0.20 0.30 0.52 0.09 0.10 0.13 0.20 0.3443 52,500 1.05 10,500 0.21 10,000 0.15 0.18 0.23 0.34 0.59 0.10 0.12 0.16 0.23 0.3944 52,500 1.05 10,500 0.21 10,000 0.16 0.19 0.25 0.37 0.64 0.12 0.14 0.18 0.26 0.4445 52,500 2.65 10,500 0.53 10,000 0.19 0.22 0.29 0.43 0.74 0.14 0.16 0.21 0.31 0.5246 52,500 2.65 10,500 0.53 10,000 0.21 0.25 0.33 0.48 0.83 0.16 0.19 0.24 0.35 0.5947 52,500 2.65 10,500 0.53 10,000 0.25 0.29 0.38 0.55 0.94 0.18 0.21 0.26 0.38 0.6448 52,500 2.65 10,500 0.53 10,000 0.29 0.34 0.44 0.64 1.09 0.20 0.23 0.30 0.43 0.7349 52,500 2.65 10,500 0.53 10,000 0.33 0.39 0.50 0.73 1.24 0.24 0.28 0.35 0.51 0.8550 52,500 2.65 10,500 0.53 10,000 0.37 0.44 0.56 0.82 1.39 0.27 0.32 0.40 0.58 0.9751 52,500 2.65 10,500 0.53 10,000 0.43 0.50 0.65 0.94 1.59 0.31 0.36 0.46 0.66 1.1052 52,500 2.65 10,500 0.53 10,000 0.49 0.57 0.74 1.07 1.80 0.35 0.40 0.51 0.74 1.2353 52,500 2.65 10,500 0.53 10,000 0.56 0.66 0.84 1.22 2.05 0.41 0.47 0.60 0.86 1.4254 52,500 2.65 10,500 0.53 10,000 0.65 0.76 0.97 1.40 2.36 0.46 0.54 0.69 0.98 1.6255 52,500 2.65 10,500 0.53 10,000 0.72 0.85 1.09 1.57 2.64 0.52 0.61 0.77 1.10 1.8356 52,500 2.65 10,500 0.53 10,000 0.83 0.97 1.24 1.78 2.99 0.58 0.68 0.86 1.23 2.0357 52,500 2.65 10,500 0.53 10,000 0.92 1.08 1.38 1.98 3.33 0.66 0.76 0.97 1.38 2.2958 52,500 2.65 10,500 0.53 10,000 1.03 1.21 1.54 2.21 3.71 0.73 0.85 1.08 1.53 2.5359 52,500 2.65 10,500 0.53 10,000 1.14 1.33 1.70 2.44 4.09 0.81 0.95 1.19 1.70 2.8160 42,000 1.95 8,400 0.39 8,000 0.97 1.14 1.48 2.16 3.69 0.70 0.82 1.05 1.51 2.5461 21,000 1.95 4,200 0.39 6,000 0.74 0.88 1.18 1.77 3.12 0.55 0.65 0.86 1.26 2.1862 10,500 1.95 2,100 0.39 4,000 0.45 0.56 0.81 1.28 2.42 0.39 0.46 0.64 0.97 1.7663 10,500 1.95 2,100 0.39 2,000 0.10 0.16 0.34 0.67 1.53 0.16 0.21 0.34 0.58 1.1864 10,500 1.95 2,100 0.39 2,000 0.15 0.22 0.44 0.82 1.81 0.40 0.49 0.68 1.06 1.9665 10,500 1.80 2,100 0.36 2,000 0.26 0.35 0.60 1.07 2.25 0.46 0.55 0.77 1.20 2.2166 10,500 1.80 2,100 0.36 2,000 0.38 0.49 0.80 1.37 2.77 0.52 0.63 0.87 1.35 2.4867 10,500 1.80 2,100 0.36 2,000 0.53 0.67 1.03 1.71 3.38 0.59 0.71 0.98 1.52 2.7868 10,500 1.80 2,100 0.36 2,000 0.66 0.82 1.24 2.03 3.96 0.66 0.80 1.11 1.71 3.1269 10,500 1.80 2,100 0.36 2,000 0.81 1.00 1.48 2.40 4.61 0.75 0.91 1.25 1.92 3.5070 0 0.00 0 0.00 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

The amount of the benefit depends on your age at the incident date. For TPD, the incident date is the first day of the six month period described in the TPD definition (see page 4).


RST.0006.0001.0195

8

Table 3 – Income Protection cover and costsNo matter how many units you have, the maximum payable will be 84% of your Pre-Disability Income (of which 9% of the monthly income benefit payable to you is paid as super to your REST account).


AgeTotal

$ cover (5 Units)

Weekly $ cost

(5 Units)

Value of 1 Unit

($)

Weekly $ cost

(1 Unit)

Cover per Unit

($)


Male Female


Up to 17 650 0.70 130 0.14 1,000 1.61 1.77 2.33 3.21 4.46 1.96 2.16 2.32 2.68 3.7918 - 24 1,200 1.60 240 0.32 1,000 1.61 1.77 2.33 3.21 4.46 1.96 2.16 2.32 2.68 3.79

25 1,350 3.55 270 0.71 1,000 1.61 1.77 2.33 3.21 4.46 1.96 2.16 2.32 2.68 3.7926 1,350 3.55 270 0.71 1,000 1.61 1.77 2.33 3.21 4.46 1.96 2.16 2.32 2.68 3.7927 1,350 3.55 270 0.71 1,000 1.61 1.77 2.33 3.21 4.46 1.96 2.16 2.32 2.68 3.7928 1,350 3.55 270 0.71 1,000 1.61 1.77 2.33 3.21 4.46 1.96 2.16 2.32 2.68 3.7929 1,350 3.55 270 0.71 1,000 1.61 1.77 2.33 3.21 4.46 1.96 2.16 2.32 2.68 3.7930 1,350 3.55 270 0.71 1,000 1.68 1.86 2.44 3.37 4.67 2.06 2.26 2.43 2.81 3.9731 1,350 3.55 270 0.71 1,000 1.77 1.95 2.56 3.53 4.90 2.16 2.37 2.55 2.95 4.1732 1,350 3.55 270 0.71 1,000 1.85 2.04 2.68 3.70 5.14 2.26 2.49 2.67 3.09 4.3733 1,350 3.55 270 0.71 1,000 1.94 2.14 2.81 3.88 5.39 2.37 2.61 2.80 3.24 4.5834 1,350 3.55 270 0.71 1,000 2.04 2.24 2.95 4.07 5.65 2.48 2.73 2.94 3.40 4.8035 1,350 5.10 270 1.02 1,000 2.24 2.47 3.25 4.48 6.22 2.74 3.01 3.24 3.74 5.2936 1,350 5.10 270 1.02 1,000 2.35 2.59 3.41 4.70 6.53 2.87 3.15 3.39 3.92 5.5437 1,350 5.10 270 1.02 1,000 2.47 2.72 3.57 4.93 6.85 3.01 3.31 3.56 4.11 5.8138 1,350 5.10 270 1.02 1,000 2.59 2.85 3.75 5.17 7.18 3.15 3.47 3.73 4.31 6.1039 1,350 5.10 270 1.02 1,000 2.71 2.99 3.93 5.43 7.53 3.31 3.64 3.91 4.52 6.3940 1,350 5.10 270 1.02 1,000 2.85 3.14 4.12 5.69 7.90 3.47 3.81 4.10 4.74 6.7041 1,350 5.10 270 1.02 1,000 2.98 3.29 4.32 5.97 8.28 3.64 4.00 4.30 4.97 7.0342 1,350 5.10 270 1.02 1,000 3.13 3.45 4.53 6.26 8.69 3.81 4.19 4.51 5.21 7.3743 1,350 5.10 270 1.02 1,000 3.28 3.62 4.76 6.56 9.11 4.00 4.40 4.73 5.46 7.7344 1,350 5.10 270 1.02 1,000 3.38 3.72 4.89 6.75 9.37 4.11 4.52 4.86 5.62 7.9545 1,450 4.15 290 0.83 1,000 3.44 3.79 4.98 6.88 9.54 4.18 4.60 4.95 5.72 8.0946 1,450 4.15 290 0.83 1,000 3.61 3.97 5.22 7.21 10.01 4.39 4.83 5.19 6.00 8.4847 1,450 4.15 290 0.83 1,000 3.78 4.17 5.48 7.56 10.49 4.60 5.06 5.44 6.29 8.9048 1,450 4.15 290 0.83 1,000 3.97 4.37 5.75 7.93 11.01 4.82 5.31 5.71 6.59 9.3349 1,450 4.15 290 0.83 1,000 4.16 4.58 6.03 8.32 11.54 5.06 5.56 5.99 6.91 9.7850 1,600 4.15 320 0.83 1,000 4.36 4.81 6.32 8.72 12.11 5.30 5.83 6.28 7.25 10.2551 1,600 4.15 320 0.83 1,000 4.57 5.04 6.63 9.15 12.70 5.56 6.12 6.58 7.60 10.7552 1,600 4.15 320 0.83 1,000 4.80 5.29 6.95 9.59 13.31 5.83 6.41 6.90 7.97 11.2753 1,600 4.15 320 0.83 1,000 5.03 5.54 7.29 10.06 13.96 6.11 6.73 7.24 8.36 11.8254 1,600 4.15 320 0.83 1,000 5.28 5.81 7.65 10.55 14.64 6.41 7.05 7.59 8.76 12.4055 1,800 4.15 360 0.83 1,000 5.53 6.10 8.02 11.07 15.36 6.72 7.39 7.95 9.19 13.0056 1,800 4.15 360 0.83 1,000 5.80 6.40 8.41 11.61 16.11 7.05 7.75 8.34 9.63 13.6357 1,800 4.15 360 0.83 1,000 6.09 6.71 8.82 12.17 16.89 7.39 8.13 8.75 10.10 14.2958 1,800 4.15 360 0.83 1,000 1.93 2.14 2.80 3.86 5.36 2.35 2.60 2.80 3.22 4.5659 1,800 4.15 360 0.83 1,000 2.06 2.28 2.99 4.12 5.73 2.51 2.77 2.99 3.45 4.8760 1,600 4.10 320 0.82 1,000 2.21 2.44 3.21 4.42 6.13 2.69 2.97 3.21 3.69 5.2261 1,600 4.10 320 0.82 1,000 2.37 2.63 3.45 4.74 6.59 2.89 3.19 3.45 3.97 5.6062 1,600 4.10 320 0.82 1,000 2.44 2.70 3.54 4.87 6.78 2.97 3.28 3.54 4.08 5.7663 1,600 4.10 320 0.82 1,000 2.03 2.25 2.95 4.06 5.65 2.48 2.73 2.95 3.39 4.8064 1,600 4.10 320 0.82 1,000 1.22 1.36 1.78 2.44 3.40 1.49 1.64 1.78 2.05 2.8965 0 0.00 0 0.00 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

The amount of the benefit depends on your age at the incident date. For IP, the incident date is the first day of the 60 day waiting period.

RST.0006.0001.0196

Insurance Guide 9


How much insurance do you need? Table 5 (below) and the worksheet on page 10 offer a guide to the level of insurance you may need. We recommend you seek independent financial advice before making your insurance decisions.

Benefit levels and insurance costs may change (up or down) and conditions of cover may also change in future years without notice.

Table 5 – How much IP do you need?Income Protection protects one of the most important assets you have; your ability to earn an income.

The benefit paid to you monthly could help pay bills and meet other financial commitments while you are off work, allowing you to focus on your well-being and recovery.

To work out how much IP you may need, refer to the following example:

Example You

Your age 25

How much do you earn each month, before tax?

$4,334 $

Multiply by 84% (x 0.84) = 3,641 = $

Minus $1,250 (Basic IP) - see page 8

- $1,250 - $

Divide by $1,000 (this is the benefit provided per month for one unit of Voluntary IP)

= $2,391

÷ $1,000

= $

÷ $1,000

= Number of Voluntary Units

= 2 =

Note: of the 84% benefit, 9% of the monthly income benefit is paid as superannuation to your REST account.

Seeking financial adviceIf you are unsure of your insurance needs maybe you should seek professional financial advice.

REST can put you in touch with a Money Solutions* coach. As a REST member, REST will pay for your first single super related question over the phone.

* Money Solutions Pty Ltd: AFSL 258145. Money Solutions personnel are not representatives of the REST Trustee. Any financial product advice given by Money Solutions is provided under the Money Solutions AFSL. The Trustee does not accept liability for any loss or damage incurred by any person as a result of using products or services provided by Money Solutions.

Table 4 – Occupation categories

Professional (PROF)

Professional occupations with no exposure to unusual hazards – these occupations involve work in a sedentary capacity in an office environment, in an office or retail building by members who:

have an annual income from personal ■■

exertion that exceeds $80,000 a year, and

belong to a professional association, ■■

have a university degree relevant to their profession or are a senior manager in a company with at least ten employees.

White Collar (WC)

Minimal injury/health risk – these occupations are performed indoors, in an office or retail building in an office environment.

Members only work in a sedentary capacity with little or no physical activity and do not meet the criteria for the Professional category. Examples are administrative and clerical workers. Sedentary means not being involved in physical duties and spending 90% or more of time sitting at an office desk.

Light Manual (LM)

Slight injury/health risk – these occupations involve some light manual duties. Examples are most sales persons and occupations with some fieldwork.

Blue Collar (BC)

Moderate injury/health risk – these occupations involve some manual work and the use of light machinery. Examples are qualified tradespeople.

Heavy Manual (HM)

Appreciable injury/health risk – these occupations can be unskilled, involve manual work or use of heavier equipment. Examples are night fillers, local drivers, non-qualified tradespeople and some occupations with a high level of risk.

Some members may not be eligible for insurance cover due to risk factors, such as their condition of health or the high-risk nature of their occupation. The above classifications are guidelines only and the final determination is at the insurer’s discretion.

If you change occupations and believe your insurance costs will change as a result, it is your responsibility to notify REST. You should notify REST after you have been in your new occupation for at least six months. No retrospective refunds or adjustments will apply.

RST.0006.0001.0197

10

Worksheet – insurance costsExampleWendy is 25 years old and works in a women’s fashion store. Her occupation category is Light Manual. She wants around $200,000 Death cover and $100,000 TPD cover and has worked out that 84% of her monthly income is $3,250. This is her desired monthly IP cover.

Death CoverWendy’s Basic Cover gives her $142,000 of Death cover (Table 1). Applying for six Voluntary Death units (6 x $10,000 = $60,000) will give her total cover of $202,000. This is close to her target of $200,000.

TPD CoverWendy’s Basic Cover gives her $52,500 of TPD cover (Table 2). Applying for five Voluntary TPD units (5 x $10,000 = $50,000) will give her total cover of $102,500. This is close to her target of $100,000.

Income ProtectionWendy’s Basic Cover gives her up to $1,350 per month in IP cover (Table 3). Applying for two Voluntary IP units (2 x $1,000 = $2,000) will give her $3,350 per month of cover. However, this is capped at 84% of Pre-Disability Income and includes a component that will be paid as super to REST.

How Wendy calculates her insurance costs

Cost per week

Basic Cover Five Basic Units of Death, TPD and IP cover

$5.10

Voluntary Cover Six Voluntary Units of Death cover at $0.08 per unit

$0.48

Five Voluntary Units of TPD cover at $0.03 per unit

$0.15

Two Voluntary Units of IP cover at $2.32 per unit

$4.64

Total cost per week* $10.37

My insurance costs

I am years old and I work as a .

My occupation category is .

I want around $ Death cover and

$ TPD cover and 84% of my monthly

income is $ .

Death Cover

My Basic Cover gives me $ of Death cover

(Table 1). Applying for Voluntary Units

( x $ = $ )

will give me total cover of $ .

This is close to my target of $ .

TPD Cover

My Basic Cover gives me $ of TPD cover

(Table 2). Applying for Voluntary Units

( x $ = $ )

will give me total cover of $ .


Income Protection

My Basic Cover gives me up to $ per

month in IP cover (Table 3). I need to apply for

Voluntary Units ( x $1,000 = $ ).

This will give me $ per month of cover.


How I calculate my insurance costs

Cost per week

Basic Cover Five Basic Units of Death, TPD and IP cover

$

Voluntary Cover Voluntary Units of

Death cover at $ per unit

$

Voluntary Units

of TPD cover at $ per unit

$

Voluntary Units

of IP cover at $ per unit

$

Total cost per week* $

*This is the total initial cost. Costs generally increase with age. The above examples are a guide only. Insurance costs, benefit levels and conditions of cover are not guaranteed and may be varied from time to time without notice. Before making a decision based on the above you should consider the appropriateness of any additional cover having regard to your objectives, financial situation and needs.

RST.0006.0001.0198

Insurance Guide 11


Ceasing insuranceInsurance cover will cease on the earliest of:

except where Continued cover applies (see Continued ■■

cover below), the Friday immediately after the 71st day after you were last At Work. For the purpose of ceasing insurance, At Work includes:

i. being on fully-paid leave caused by sickness or injury or being entitled to receive an IP benefit for a REST employer

ii. where you become self employed and work in the same business as the business in which you were previously employed and you are self employed for gainful reward in that business for at least 10 hours per week.

the last day of the month in which your account balance ■■

is insufficient to meet the next month’s insurance costs

the date REST receives a request from you for cover to ■■

end

the date you:■■

- turn age 70 for Death and/or TPD cover

- turn age 65 for IP cover

the date you cease to be a member of REST■■

for TPD cover, the date a TPD benefit becomes payable■■

for Death cover (which includes the terminal illness ■■

benefit), the date a terminal illness benefit becomes payable or the date a TPD benefit that is equal to or higher than your Death cover becomes payable, and

in the case of Continued cover:■■

- for members with TPD and/or IP Continued cover, the date your account balance falls below $3,000

- for members with Death only Continued cover, the date your account balance falls below $1,200.

Any excess insurance costs will be refunded.

Continued coverREST helps to keep you covered while you may be changing employers or in between jobs for a short period of time. This is what we refer to as ‘Continued cover’ and is another feature of having your insurance cover with REST.

If you terminate employment, your insurance cover (if any) will continue for 71 days after you were last At Work as advised under ‘Ceasing insurance’ (subject to the other conditions under ‘Ceasing insurance’ not applying). Your insurance cover will continue beyond the 71 days advised under ‘Ceasing insurance’ provided your account balance is sufficient. While your account balance remains above $3,000, your Death, TPD and IP cover (if any) will continue irrespective of whether or not you are working for a REST employer. If your account balance drops below $3,000, any TPD and IP cover will cease without notice and Death cover will continue while your account remains above $1,200. Once your account balance drops below $1,200, all cover will cease without notice.

You are responsible for ensuring your account balance is sufficient to maintain your insurance cover. If your account balance becomes insufficient to meet your monthly insurance costs, your cover will cease without notice.

Paying insurance costsInsurance costs are deducted from your account balance. If your account balance is insufficient to cover your insurance costs, your cover will end without notice.

It is your responsibility to ensure your account always has enough to pay the required insurance costs.

If your cover ceases you will need to provide evidence of your health that is satisfactory to the insurer before you can take up insurance in the future.

You can keep up-to-date with your account balance by checking it online in MemberAccess at www.rest.com.au

When your cover startsCover will start on the latest of:

the date you last joined REST■■

the date your most recent employer joined REST■■

180 days before we received the first mandatory ■■

employer contribution for your latest period of employment with your REST employer

the beginning of the period to which the first mandatory ■■

employer contribution relates for your latest period of employment with a REST employer

the date you commenced employment with your REST ■■

employer that made the first mandatory employer contribution for your latest period of employment

for insurance you select on an ‘Application to vary ■■

insurance’ or ‘Insurance transfer’ form, the date your application is accepted by our insurer, and

for insurance you elect during the 120 day special new ■■

member period, the date you make your election and the date of receipt of your first mandatory employer contribution.

Cover will not commence or recommence unless we receive a mandatory employer contribution on your behalf from your REST employer.

The following contributions do not count as contributions for the purpose of assessing your eligibility for cover:

non-mandatory contributions by your employer■■

contributions made to another super fund that are ■■

subsequently transferred to REST

payments by the Australian Taxation Office of a shortfall ■■

component

personal contributions, spouse contributions or payments ■■

resulting from a Family Law Split.

Insurance will not start any earlier than described under any circumstances, even if we deduct insurance costs for a period before the start of insurance cover. However, such insurance costs will be refunded.

If you are not in Active Employment at the time that:

your cover or increased cover (including cover increased ■■

during the special new member period) commences or recommences, and

your first mandatory employer contribution is received ■■

by REST

you will receive Limited Cover until you return to Active Employment for two consecutive months. This condition does not apply to insurance you apply for on an ‘Application to vary insurance’ form.

RST.0006.0001.0199

12

Indexation of benefits and costs for Basic CoverTo keep up with the cost of living, the level of Death, TPD and IP Basic benefit scales will increase each year (be indexed) by 5%. This will happen each 1 January. As a result of the increase in cover, insurance costs for Basic Units will also increase by 4.5% each year.

This means that you shouldn’t need to review your insurance arrangements as regularly, purely to make sure you keep up-to-date with cost of living increases. However, you will need to review your insurance when you have a significant change in circumstances.

Automatic insurance cover reinstatement at age 25Some members make decisions when they’re young that are right for them at the time. But once you cancel insurance, you usually can’t get it back without having to go through a medical process.

We make it easy to get cover again later when it may be more relevant to you. For members who turn 25, if you have no insurance cover and are working for an employer making mandatory contributions to REST, we will automatically reinstate Basic Cover upon receipt of the first mandatory employer contribution received for you that relates to a period of employment beginning on or after the beginning of the month in which you turn 25 and before you turn 26. If we don’t receive a mandatory employer contribution for you relating to this period, then this offer will expire and be unavailable to you in the future.

This means that you do not have to apply or provide medical evidence. You must be in Active Employment on the day your cover starts. If you are not in Active Employment on this date, Limited Cover will apply until you return to being in Active Employment for two consecutive months.

Transferring insurance cover from another fundYou have the opportunity to transfer any existing Death or TPD insurance cover you may hold with your previous super fund to your existing REST super account (subject to limits and approval). Go to www.rest.com.au and download an ‘Insurance transfer’ form for details of how to request a transfer.

Insurance cover when you change jobsIf you change employers and your new employer contributes to REST for you, there is no need to reapply for insurance cover. As long as you are still a member of REST and you had cover when you last ceased employment, cover automatically continues or restarts, unless all cover has been cancelled due to an insufficient account balance.

If your cover last ceased on or after 5 December 2008, your previous type and level of cover is automatically reinstated.

If your cover last ceased before December 2008, the cover that is reinstated will be the new Basic Cover plus any Voluntary Cover that you previously had. (Conditions apply).

Applying for increased coverIf, after reading this guide, you decide that you would like to apply for increased cover, there is some additional information you need to be aware of:

Accidental cover during assessment of your application While your application for insurance cover is being assessed by the insurer, you will be provided with interim Accidental Death, TPD and IP cover. This interim Accidental cover will apply at the increased level of cover being sought, to a maximum of $500,000 for Death or TPD cover and/or $10,000 per month for IP and will continue until the earlier of:

the date your ‘Application to vary insurance’ is either ■■

accepted or declined by the insurer

90 days from the date we receive your ‘Application to vary ■■

insurance’

the date you cancel your ‘Application to vary insurance’, ■■

or

the date upon which a benefit becomes payable.■■

Understanding the underwriting processUnderwriting is the process of evaluating the information you provide on your application. Our insurer considers all the risk factors that may increase the likelihood of your death or disability occurring before a certain time.

The risk factors considered include:

Age and gender■■

Occupation■■

Medical history, current health and habits■■

Family history■■

Pastimes (including hazardous sports)■■

Residency■■

Existing insurance, and■■

Financial position.■■

The more information available to the insurer, the better placed they are to understand your current situation and able to make a decision in your favour.

You will only be eligible for increased insurance cover after providing the required information to the insurer, who will assess and subsequently accept or decline your request for cover.

If you choose to cancel your insurance cover and decide to apply for cover at a later date, you will need to again provide information about your health and financial circumstances to the insurer for assessment.

The number of Voluntary Units you apply for will impact the amount of health and financial information that our insurer will need from you. See ‘How to apply’ on page 16 for health evidence requirements.

RST.0006.0001.0200

Insurance Guide 13

ExclusionsExclusions are conditions under which a benefit will not be paid due to certain circumstances.

No Death, TPD or IP benefit will be payable if the benefit claim has been made arising directly from active service in the armed forces of any country or international organisation (other than the Australian Defence Forces Reserve).

Further exclusions on your cover include:

DeathThere is no payment of Voluntary Death cover benefits in respect to death by suicide within 13 months of the date cover commenced, recommenced, was reinstated or increased.

Total and Permanent DisablementThere is no payment of Voluntary TPD cover benefits for Total and Permanent Disablement caused by intentional self-inflicted injury, whether or not sane at the time.

Income ProtectionThere is no payment of Income Protection benefits for:

a disability due to intentional self-inflicted injury (whether ■■

illegal or not) or any such attempt by the member, whether or not sane at the time

normal pregnancy and childbirth.■■

LimitationsA member who has received, been admitted, or is eligible for a TPD benefit from REST or from another superannuation entity or life insurance policy before the most recent date that the member joined REST, will only be eligible for Limited Cover consisting of five units of Basic Death, five units of Basic TPD and five units of Basic IP cover.

Cooling-off periodIf the insurer accepts your application for Voluntary Cover, we will write to you to confirm the type, level, cost of cover and any special acceptance terms. You will have 14 days from the date of our confirmation letter to cancel your application and have your previous level of cover (if any) reinstated, provided you have not exercised any rights under additional cover. Any difference in insurance premiums between the old and the new cover will be adjusted.

Any requests for reduction in your cover received after 14 days from the date of our confirmation letter will be effective from the date REST receives your request. Any previous types or levels of cover will not be reinstated and no retrospective adjustment to your insurance premiums will apply.

DefinitionsActive Employment means being At Work and in the insurer’s opinion not being restricted by sickness or injury from carrying out the identifiable duties of your employment, or the duties of your usual occupation each week on a fulltime basis, being at least 30 hours per week.

At Work means being employed by a REST employer on a casual, temporary or permanent basis to carry out identifiable duties and actually performing those duties, or being on fully paid leave except leave caused by sickness or injury.

Gainful Employment means you are employed for gain or reward in any business, trade, profession or employment for at least ten hours per week.

Limited Cover means you are only covered for claims arising from a sickness that became apparent, or an injury that occurred, on or after the date your cover most recently commenced.

Pre-Disability Income means the average gross monthly income earned by you over the 12 months (or if you have been employed for less than 12 months, over your period of employment) immediately before becoming totally disabled, indexed annually on the anniversary of the claim by the lesser of 5% and Average Weekly Ordinary Time Earnings (AWOTE).

Payment of insured benefitsThe timely payment of insured benefits depends on the insurer receiving information from you, your employer(s) and doctor(s). Any delay in receiving this information may delay benefit payments.

The insurer reserves the right to investigate your claim, and this may delay the payment of insured benefits.

The payment of insurance benefits is also subject to any special conditions or exclusions that may apply to you.

Cover while on leaveCover while on leave without payGenerally, you can continue your insurance cover if you go on approved leave without pay from your employer. Conditions may apply and you also need to ensure there’s enough money in your account to meet your insurance costs during the period of leave.

IP benefits will not start accruing until the end of the 60 day waiting period or the date you are due to go back to work (whichever is the later).

Cover while on parental leave If you go on parental leave (maternal, paternal and adoption leave) your cover will automatically continue for up to the earliest of:

your agreed and scheduled return to work date, and■■

two years. ■■

Cover while on leave without pay (other than parental leave)You can continue your insurance cover when you are on employer-approved leave without pay for up to 12 months (other than leave caused by sickness or injury). Continued cover rules apply once your 12 months leave without pay period has expired (see page 12).


RST.0006.0001.0201

14

AIA Australia privacy statementAIA Australia follows the National Privacy Principles of the Privacy Act 1988 (Cth), including the Privacy Amendment (Private Sector) Act 2000 (Cth).

AIA Australia provides you with the following information regarding its privacy procedures and your rights.

Purpose of collectionAIA Australia collects personal information about you to:

process your application(s) for, and■■

administer and manage your insurance cover under the ■■

policy, including claims, and

facilitate AIA Australia’s business operations.■■

If you do not wish to provide AIA Australia with all or part of the personal information it requests from you, AIA Australia may not be able to provide you with insurance cover or assess and manage your claim.

Access to your informationYou are entitled at any time to request access to your personal information held by AIA Australia. All requests should be made in writing to:

The Group Administration Manager PO Box 6111 St Kilda Road Central VIC 8008

You can ask AIA Australia to update your personal information at any time if it is inaccurate, incomplete or out of date. In some circumstances, AIA Australia may not permit access to your personal information. Circumstances where access may be denied include where access would be unlawful or denying access is authorised by law. In these cases, AIA Australia will provide you with written reasons for denial of access or a refusal to correct personal information.

Disclosure of informationAIA Australia may disclose your personal information to:

the policy owner (superannuation fund trustee or ■■

employer)

the administrator of the policy■■

another member of the AIA or AIG Group of companies ■■

(whether in Australia or overseas)

AIA Group contractors and third party service providers, ■■

eg medical practitioners and reinsurers

your employer■■

financial institutions you nominate■■

mail houses and archive companies.■■

AIA Australia will only disclose your personal information to these parties for the primary purpose for which it was collected. In some circumstances AIA Australia is entitled to disclose your personal information to third parties without your authorisation, such as law enforcement agencies or government authorities where disclosure is required by legislation, or to report illegal activities.

Any questions or concernsIf you have any questions or concerns about your personal information, please write to :

The Group Administration Manager Po Box 6111 St Kilda Road Central VIC 8008.

For further information or to view AIA Australia’s full privacy policy and procedures, go to www.aia.com.au

REST privacy policyREST knows that keeping your personal information private is very important and we appreciate that you trust that we do so carefully and sensibly.

Your personal information is very important for the proper management of the Fund. We receive and store information you provide on our secure databases, which are protected in secure facilities.

Unless required or authorised by law, your information is only accessible by authorised REST personnel or authorised service providers, including the insurer AIA Australia, legal advisers and the administrator. REST and its authorised service providers are subject to the National Privacy Principles.

From time to time, REST may use member information for future planning to improve our services to members. Information may be used for the purpose of testing a potential member product or service – including by way of, but not limited to, direct marketing. REST may arrange for a service provider to cross match your personal details with other superannuation funds to help locate any other superannuation accounts in your name.

REST may send members communication materials, also known as direct marketing material (including marketing material by third parties), about special offers and promotions that are available to members of REST. If you do not want REST to use your personal information to send you direct marketing material, then please phone 1300 300 778. If you do not provide REST with your personal information, you may not be able to receive certain benefits as a member of the Fund.

Access to your details is protected. If you would like to review or make any corrections to your personal information, login to MemberAccess at www.rest.com.au. You will need your member number and Personal Identification Number (PIN) to login. If you don’t have a PIN, you can register for one online. Alternatively, phone REST for a ‘Changes to membership details’ form or download it from our website. If you have any questions about our Privacy Policy, please phone 1300 300 778.

RST.0006.0001.0202

Insurance Guide 15

Concerns and complaintsREST is committed to providing the highest standard of client service and maintaining our reputation for honesty and integrity.

If our service or product quality fails to meet your expectations please tell us about your concerns. REST’s complaint management process aims to ensure your concerns are treated seriously and addressed promptly and fairly.

Have concerns? We’re here to helpIf you have a concern, please contact us to see if we can solve your problem immediately. If you are not happy with our initial response, then you can make a formal complaint.

How do I make a complaint?You can make a formal complaint to REST by email, letter or phone, noting that you wish to lodge a complaint.

To lodge your complaint by email: Email [email protected] with the subject line: Complaint

To lodge your complaint by letter: Please address your concerns to:

The Trustee Services Officer REST Superannuation PO Box 350 Parramatta NSW 2124

Please write ‘Complaint’ on the envelope and the letter.

To lodge your complaint by phone:Call us on 1300 300 778 between 8am and 6pm each weekday.

How long will we take to respond to your complaint?REST is required to consider your complaint or dispute within 90 days of receiving it. We will acknowledge your complaint in this time, however, in some circumstances it may not be possible to completely resolve it within this period.

If we fail to respond to you within 90 days, or you are not satisfied with the outcome, you may be able to seek an independent ruling from the Superannuation Complaints Tribunal.

Who is the Superannuation Complaints Tribunal?The Superannuation Complaints Tribunal (SCT) is an independent body set up by the Federal Government to settle certain disputes between members and their super funds.

The SCT can only become involved after the Trustee’s efforts at reaching agreement have failed (you must first use REST’s dispute procedures).

While sincere attempts will be made to help resolve differences between members and funds, in some instances the SCT may need to make a binding ruling.

The SCT does not charge members for its service and can be contacted on 1300 780 808.

Terms and conditions of your insurance coverA member’s eligibility for insurance cover and the terms and conditions that apply to cover are set out in REST’s contract with its insurer. Where REST and/or its insurer accepts insurance costs for a type or level of cover for which a member is ineligible, the relevant insurance costs will be refunded and no insurance cover will apply for any period.

The insurance information in this kit relates to the insurance contract that commenced with effect from 5 December 2008. Provisions relating to insurance prior to this date may differ. Members who joined the Fund prior to 5 December 2008 must satisfy any relevant conditions applying from time to time to the member’s insurance to be eligible for insurance cover or other benefits outlined in this guide.

This document does not contain full details of the contract between REST and its insurer and only offers a general guide to the insurance offered by REST. The insurance is provided under a contract between the Trustee and AIA Australia Limited.

Insurance costs, benefit levels and conditions of cover are not guaranteed and may be varied from time to time without notice. When REST confirms your insurance, please check the amount and type of insurance cover we have recorded for you. If you believe it is less than you expected, you must contact us immediately or the cover recorded will be the cover assessed should you make a claim.

This material is current as at December 2008 but may be subject to change. This material has been prepared without taking into account your objectives, financial situation or needs. Before making a decision based on this material, you should consider the appropriateness of the advice having regards to your objectives, financial situation and needs. You should read the Product Disclosure Statement for REST Superannuation available at www.rest.com.au before making any decision about whether to acquire or to continue to invest in the product. When you become a member of REST Superannuation you join the Retail Employees Superannuation Trust ABN 62 653 671 394. REST Superannuation is issued by the Trustee, Retail Employees Superannuation Pty Limited ABN 39 001 987 739, AFSL 240003.

All services are provided in REST’s capacity as Trustee. The Trustee has no relationships or associations with any other product issuer that might reasonably be expected to influence us in the provision of the advice.

Any advice is provided by REST’s employees who are paid a salary and may receive a performance related bonus. No commissions or fees are paid for the financial product advice provided, either to representatives or to third parties.

Registered office Level 6 50 Carrington Street Sydney NSW 2000

Further information If you need more information contact us at:

REST Customer Service PO Box 350 PARRAMATTA NSW 2124

PHONE 1300 300 778 WEB www.rest.com.au


RST.0006.0001.0203

16

How to applyPlease ensure you have read and understood the information in this Insurance Guide before completing the ‘Application to vary insurance’ form. Follow the instructions below to ensure you complete the correct sections of the form.

STEP 1 Complete Parts A, B, C, D and F

All members applying to vary their insurance cover must complete these sections.

STEP 2 Complete Part E if you answered ‘Yes’ to questions 8, 9, 10 or 11.

STEP 3 Determine if the level of insurance cover you are applying for requires additional evidence

Depending on the level of cover you are applying for, additional evidence may be needed to meet our insurer’s underwriting requirements. Please refer to the following tables for any additional evidence you must provide:

Death and TPD cover for applicants under age 45

Sum insured maximum# Underwriting requirements

Up to $2,000,000 Application to vary insurance

$2,000,001 – $2,500,000 Application to vary insurance and Blood test*

$2,500,001 – $3,000,000 Application to vary insurance, Blood test* and Short Medical Examination~

$3,000,001 – $5,000,000 Application to vary insurance, Blood test*, Short Medical Examination and PMAR^

# Sum insured maximum is $5 million for Death Cover and $2 million for TPD cover.

Death and TPD cover for applicants aged 45 and over

Sum insured maximum# Underwriting requirements

Up to $1,000,000 Application to vary insurance

1,000,001 – $1,500,000 Application to vary insurance and Blood test*

1,500,001 – $2,500,000 Application to vary insurance, Blood test* and Short Medical Examination~ (Full Medical Examination if over age 55)

$2,500,001 – $3,000,000 Application to vary insurance, Blood test*, Short Medical Examination~ (Full Medical Examination if over age 55) and ECG†

$3,000,001 – $5,000,000 Application to vary insurance, Blood test*, Short Medical Examination~ (Full Medical Examination if over age 55), ECG† and PMAR^

# Sum insured maximum is $5 million for Death Cover and $2 million for TPD cover ($1 million for both Death and TPD if aged 65 to 69).

Income protection

Sum insured maximum Underwriting requirements

Up to $8,000 per month Application to vary insurance

$8,001 – $12,500 per month Application to vary insurance and Blood test*

$12,501 – $20,000 per month Application to vary insurance, Blood test* and PMAR^

* A blood test will include HIV, Hepatitis B & C serology and Multiple Biochemical Analysis 20.

~ A Short Medical Examination consists only of a blood pressure test, height/weight details and a urine specimen.

^ Personal Medical Attendant Report (obtained directly by AIA from your doctor).

† Electrocardiogram. A test of the electrical activity of the heart, performed by your doctor.

Note: the insurer may request further health and/or financial evidence to complete its assessment.

STEP 4 Return all completed forms and additional evidence (if required) to:

REST Customer Service PO Box 350 Parramatta NSW 2124

RST.0006.0001.0204

Application to vary insuranceComplete this form if you would like to apply for insurance cover with REST. If you are a member of REST Personal, please refer to the REST Personal Superannuation Member Guide for your insurance cover options and ‘Application for insurance’.

Please write in BLOCK LETTERS and use a BLACK or BLUE pen. Print ‘X’ to mark boxes where applicable.

Once you have completed and signed this form, please mail to: REST Customer Service, PO Box 350, Parramatta NSW 2124.Please ensure you have completed all relevant sections and provided additional evidence (if required).

Part A – Personal details

Membership number Date of birth (dd/mm/yyyy)

Dr/Mr/Mrs/Ms/Miss Surname

Given name(s)

Street number Street name

Suburb/Town State Postcode

Telephone (business hours) Mobile

Email address

Male Female Approximate your gross annual salary from all sources, excluding investment income

$

Employer name

Type of industry

Occupation/Job title

Detailed description of duties performed

Do you work in a:

shop office warehouse factory

other, please specify

Are you a senior manager in a company with at least ten employees? Yes No

Qualifications/membership of professional associations

You have a duty to disclose information in an honest and accurate manner.

The information you provide in this application form will be used by the insurer to determine the type and level of Insurance cover offered to you. If you provide misleading or inaccurate information you may experience delays upon lodging a claim or be determined ineligible to claim benefits. In some cases your insurance cover may be voided or cancelled.

If you need clarification about any issue or the nature of the questions asked in this application form, please seek independent assistance before completing and submitting this application.

RS/VAR/INS/KT 43.2 11/09 ISS13

CONTINUED ON NEXT PAGE

17

RST.0006.0001.0205

Part B – Type and amount of cover

You can apply for:

1. Basic Cover

I wish to apply for Basic Cover only OR I wish to apply for units (0 – 5 units) of Basic Death cover

units (0 – 5 units) of Basic TPD cover

units (0 – 5 units) of Basic IP cover

The cost of Basic Cover depends on your age. See pages 6 – 8 for details.

OR

2. Voluntary Cover

To apply for Voluntary Cover, you must have at least 5* units of Basic Cover. If you apply for Voluntary Cover and do not already have a minimum of 5 Basic Units, you will be assessed for both Basic and Voluntary Cover.

The cost of Voluntary Cover depends on your age, gender and occupation category. See pages 6 – 8 for details.

I wish to apply for

unit/s of Voluntary Death cover, equivalent to $ , ,

unit/s of Voluntary TPD cover, equivalent to $ , ,

unit/s of Voluntary IP, equivalent to $ , per month

* For new members who have taken advantage of the special limited offer to increase your Basic Cover, any Voluntary Cover you are accepted for will apply on top of your existing six or seven Basic Units.

Please note that insurance calculations cannot be provided by REST. Please use the worksheet on page 10 of the guide to determine the level of insurance you may need.

The Trustee company of Retail Employees Superannuation Trust, ABN 62 653 671 394, is Retail Employees Superannuation Pty Limited ABN 39 001 987 739, AFSL 240003. Registered Office: Level 6, 50 Carrington Street, Sydney, NSW 2000.

Part C – Your regular doctor/medical centre

Name of regular doctor/medical centre Phone number

Street number Street name

Suburb/Town State Postcode

How long have you been attending this surgery or practice?

What was the date of your last consultation? (dd/mm/yyyy)

What was the reason for this consultation and what was the result?


18

RST.0006.0001.0206

1. a) Are you presently applying for, or entitled to apply for, the payment of a disability benefit of any type? Yes No

b) Have you ever been paid a TPD benefit from a super fund, life insurance policy or workers’ compensation? Yes No

If ‘Yes’ to either of the above, please provide details:

2. a) Do you have existing life or disability cover on your life (including any current applications held with any insurer)? Yes No

If ‘Yes’, please state type, amount of cover and waiting/benefit period (for IP cover). Please advise if the existing cover will be replaced with this policy:

■ b) Has any company ever declined, deferred, applied special or modified conditions or cancelled any proposal to insure you for life or disablement policy? Yes No

If ‘Yes’, please provide details:

3. In the last 12 months have you:

a) smoked tobacco or any other substance? Yes No

If ‘Yes’, specify type and quantity per day:

b) been advised to give up smoking on specific medical grounds? Yes No

4. Do you consume alcohol? Yes No

If ‘Yes’, please state the type and daily quantity consumed: (advising ‘social’ is not sufficient)

5. Have you ever had any tests for HIV (Human Immunodeficiency Virus) antibodies which had a positive result? Yes No

6. Have you ever engaged or are you ever likely to engage in aviation (other than as a fare paying passenger) or in any hazardous occupation, recreation, pastime, pursuit or sport (e.g. motor racing, football, martial arts, SCUBA diving)? Yes No

If ‘Yes’, please provide details of the activity:

7. Do you intend to work, live or travel overseas? Yes No

If ‘Yes’, please state the destination (city/country), intended date, duration, frequency and purpose of travel:


19

Part D – Your health declaration

Please fill in the following questions carefully. The insurer will decide whether or not to insure you based on your answers. After considering the information, the insurer will advise REST of its decision who will then advise you of your acceptance or otherwise.

Please complete your height and weight details:

Height (cm) Weight (kg)

RST.0006.0001.0207



8. Have any of your parents or siblings suffered from heart disease, diabetes, kidney disease, mental illness, cancer or any other hereditary disorder? Yes No

9. Are you considering consulting a doctor, seeking a medical examination, advice, treatment, tests or an operation? Yes No

10. During the last five years, have you:

a) had any examination, advice or treatment by a medical practitioner, chiropractor or other health professional? Yes No

b) been in hospital, a clinic or a nursing home? Yes No

c) been advised to have an operation? Yes No

d) had any tests, including blood tests, ECG, x-rays or genetic tests? Yes No

e) occasionally or regularly taken any medication, drugs, stimulants, sedatives or tranquilizers? Yes No

11. Have you ever had or received treatment for or had symptoms of:

a) high blood pressure or blood disorder e.g. leukaemia, anaemia or haemophilia? Yes No

b) heart, vein or circulatory disorder, including chest pain, heart attack, stroke, hear murmur, raised cholesterol or rheumatic fever? Yes No

c) mental or nervous disorder (e.g. stress, depression, insomnia), fainting, epilepsy, fits of any kind, paralysis, multiple sclerosis, migraines, brain disorder, psychiatric treatment/counselling or neurological disorder? Yes No

d) gout, arthritis, rheumatism, skeletal injury, spine/neck disorder, cartilage or ligament injury, bone fracture or hernia? Yes No

e) back or neck pain, whiplash, sciatica or any muscle or joint disorder? Yes No

f) asthma, bronchitis, tuberculosis, pleurisy or other respiratory disorder? Yes No

g) stomach, intestinal or rectal disorder, ulcer, bleeding from bowel, gall bladder? Yes No

h) diabetes, thyroid or prostate disorder? Yes No

i) cancer, tumour or any form of breast lump (even if you have not seen a doctor)? Yes No

j) impairment/disorder of hearing or sight (other than short or long sightedness fully correctable by glasses) or loss of any limb? Yes No

k) hepatitis B or C or have you ever been told you are a hepatitis B or C carrier? Yes No

l) dermatitis, psoriasis or any skin disorder? Yes No

m) liver, kidney or bladder disease, including renal colic or stone, blood in urine or reproductive organ disorder? Yes No

n) sexually transmitted diseases? Yes No

o) drug or alcohol dependance? Yes No

p) any other medical condition not mentioned above? Yes No

q) Females Only: i) female organ disorder (including abnormal pap smear, breast ultrasound or mammogram)? Yes No

ii) are you currently pregnant? Yes No

■ ■ If ‘Yes’, please advise date of expected delivery: (dd/mm/yyyy)

Please note: If you answered ‘Yes’ in questions 8, 9, 10 or 11, please read the instructions below. You will also need to complete Part E of this form.

Instructions In Part D, if you ticked ‘Yes’ in:

■ Question 8, please complete Part E, Section 1 (on the following page)

■ Questions 9 – 11, please complete Part E, Section 2 (on the following page)

20

RST.0006.0001.0208


Part E – Only required to be completed if you answered ‘Yes’ in questions 8, 9, 10 or 11 in Part D

Section 1 – If you answered ‘Yes’ to question 8 in Part D, please answer the following questions for the relevant family member/s:

Specific family member

Actual condition

Age of diagnosis

Age of death (if applicable)

Any additional family history details

Please note: If there is not enough room on this form, please provide information on a separate sheet of paper and attach it to this form.

Section 2 – If you answered ‘Yes’ in questions 9 – 11 in Part D, please answer the following: Illness 1 Illness 2

Specify all illnesses, injuries and complaints. What part of your body was affected (eg left, right etc)?

On what date did the symptoms first start? (dd/mm/yyyy)

Describe the symptoms

What was the duration of each episode/attack at the onset?

What was the duration of the most recent episode/attack?

What was the date of the most recent episode/attack?

What is the average frequency of the episode/attack?

How severe are the episodes/attacks (mild, moderate, severe)?

Did the episode/attack necessitate you being off work? Yes No Yes No

If Yes, for how long?

Were you confined to bed/home/hospital?

What medical tests or investigations were carried out?

What was the nature of the treatment given?

When did you last receive the treatment?

What was the result of the treatment (including any side effects)?

What surgical or other treatments have been suggested?

Please state degree of recovery % %

Please provide the names, addresses and phone number details of all doctors consulted and month/year of consultation/s


21

RST.0006.0001.0209


Office use onlyOccupation code

Approved Declined

A B C D E

Part F – Your declaration

Your duty of disclosureBefore you enter into a contract of life insurance with an insurer, you have a duty under the Insurance Contracts Act 1984, to disclose to the insurer every matter that you know, or could be reasonably expected to know, is relevant to the insurer’s decision whether to accept the risk of insurance and, if so, on what terms. You have the same duty to disclose those matters to the insurer before you renew, extend, vary or reinstate a contract of life insurance. Your duty does not require disclosure of a matter:■ that diminishes the risk to be undertaken by the insurer■ your insurer knows, or in the ordinary course of its business, ought to know■ that is of common knowledge, and ■ as to which compliance with your duty is waived by the insurer.

Non-disclosureIf you fail to comply with your duty of disclosure and the insurer would not have entered into the contract on any terms if the failure had not occurred, the insurer may avoid the contract within three years of entering into it. If your non-disclosure is fraudulent, the insurer may avoid the contract at any time. An insurer who is entitled to avoid a contract of life insurance may, within three years of entering into it, elect not to avoid it but to reduce the sum you have been insured for in accordance with a formula that takes account of the premium that would have been payable if you had disclosed all relevant information to the insurer.

I declare that I:■ agree to be bound by the terms of cover set out in this application form■ have carefully considered all the questions and all answers provided are true and correct■ have read and understand the duty of disclosure above and I have not withheld any information that may affect the insurer’s decision as to

whether to accept my application■ have read and understand the sections on AIA Australia and REST’s Privacy policies in the Insurance Guide and agree that the Trustee and/or

the insurer may use my personal information for the purposes described■ understand that my request to vary insurance will not commence until the insurer accepts it and REST advises me in writing.

Signature of applicant

Date (dd/mm/yyyy)

■➲

Medical authorityI authorise any hospital, doctor or other person who has treated or examined me to give the insurer any information on my illness or injury, medical history, consultation, prescription or treatment or copies of all hospital and medical reports. A photocopy of this authorisation is as valid as the original. I agree to provide further medical authorities if requested.

Signature of applicant

Date (dd/mm/yyyy)

■➲

If you are happy for the Insurer to contact you directly over the phone to clarify any issues (rather than sending you questions via mail),

please tick this box:

22

RST.0006.0001.0210

RS/VAR/INS/KT/V2 600.6 11/09 ISS2

More informationIf you have any questions or would like more information Web www.rest.com.au Phone 1300 300 778

Retail Employees Superannuation Trust (REST) ABN 62 653 671 394 SPIN RES0103AUis managed on behalf of its members by a trustee company, Retail Employees Superannuation Pty Limited

ABN 39 001 987 739 AFSL 240003 Registered office: Level 6, 50 Carrington Street, Sydney NSW 2000.

RST.0006.0001.0211

Documents

Insurance Guide - Royal Commission...Insurance Guide Including application to vary insurance REST’s current insurer is AIA Australia Limited: ABN 79 004 837 861, AFSL 230043. Effective