Intrust Super’s products and services have always been built on putting the member first. We continue to evolve our offering to cater to our members’ needs in this ever-changing environment.
If any of your staff are Intrust Super members, have been stood down during the current crisis and are receiving JobKeeper payments, they may still be covered by our Income Protection insurance cover – PayGuard. Under the terms of this offer, up to 90% of their income will continue to be covered if they become ill or injured, even if they’re not currently receiving super contributions from you.
PayGuard would usually cease when members stop receiving employer super contributions. That is because the insurance premiums for Income Protection insurance cover are deducted directly from those contributions*.
Through the JobKeeper period, this exclusive Intrust Super member special offer will ensure employees maintain that insurance cover where certain conditions are satisfied.
The following Q and A’s may help to further explain the conditions of the offer:
Q1. Which employees are eligible for continuous Income Protection cover while stood down due to the impacts of Covid-19?
- Those who I was paying SGC for to Intrust Super on 1 March 2020, and
- the employee was Actively At Work as per the policy wording on 1 March 2020, and
- the employee was stood down as a result of Covid-19 on my business, and
- I applied for and participated in the JobKeeper scheme on behalf of that employee.
Q2. Are casuals entitled to this special offer?
Yes, if they meet the JobKeeper eligibility conditions for casuals.
Q3. Will the employee be charged an insurance premium?
No. These eligible employees will be given ongoing cover by the insurer for a limited period even though they are not paying any premium.
Q4. What time frame may eligible employees be covered?
During the period of the JobKeeper scheme – the applicable dates of the scheme are those advised by the Federal Government.
Q5. If an employee wants to make a claim after becoming temporarily disabled how should they claim?
By contacting our Income Protection insurer – Windsor Income Protection.