Enjoy the ease of managing your super and your insurance in one place.
If you have insurance through another super fund or insurance provider, you may be able to transfer it to Hostplus.
Eligible members can transfer up to $1.5 million of Death Only or Death and TPD Cover.
Eligible members can also transfer Income Protection up to 90% of your pre-disability salary (of which a maximum of 75% is payable to you and the balance paid as a contribution to your Hostplus super account), or the maximum cover of $10,000 per month.
If you have Income Protection with your current super fund that is $10,000 or more per month, and you are considering transferring this cover to Hostplus, please contact Paula Formella on 0410 456 819 or firstname.lastname@example.org
If your application to transfer your insurance to Hostplus is accepted, you will be notified in writing. Don’t forget to cancel the insurance held in your other fund only after you’ve been notified in writing that our insurer has accepted your transfer application.
Any loadings, restrictions and exclusions on your existing policy will apply to your transferred cover. You should also consider any differences in policy terms and conditions before transferring your cover. For more details, refer to the relevant Hostplus PDS.
You can apply to transfer your Death and TPD or Income Protection insurance cover via Member Online.
|Important: Before consolidating your super – Step 3, please wait to be notified in writing that our insurer has accepted your transfer application.|
It’s not unusual to have more than one super account. Multiple accounts can happen when we change jobs and join our new employer’s default fund or have an old account from a long-forgotten job. Having one super account makes it easier to keep track of your super with less paperwork and administration.
If you have multiple super accounts, you could be charged multiple administration fees and insurance premiums, eroding your superannuation savings. And although your investment returns depend on the investment options you choose and how they perform, once you’ve consolidated your super, you’ll only pay one fund’s administration fee, increasing the funds in your account to invest.
You should always read the relevant Product Disclosure Statement (PDS) before you decide on a financial product to make sure it’s suitable for your financial and personal needs, objectives and circumstances.
Before consolidating your super, you should consider obtaining independent financial advice. Some important matters which you should check include:
Have you reviewed any fees and charges from your other super fund(s)? Is it the right time to be redeeming your investments?
Have you reviewed any insurance benefits attached to your other account(s)? If you consolidate, your other account(s) will be closed, and you’ll lose any insurance cover attached to those account(s). There are insurance eligibility rules with every fund; you can find Hostplus’ eligibility rules by referring to the relevant Hostplus PDS. See the information above for details on transferring insurance from another fund to Hostplus.
With our secure mobile app, you can easily check your account balance and transaction history, view your insurance, see how your investments are performing and quickly update your contact details.
Visit the Hostplus website for more details, or simply search for ‘Hostplus’ in your app store1.
Of course! We’re committed to ensuring you’re supported throughout this important change and we’ll provide you with timely updates. If you have any questions you can also contact Hostplus Account Manager Paula Formella on 0410 456 819 or email@example.com
You can also check out our events page to register for one of our complimentary upcoming webinars.
We’ve compiled some forms and resources to help make managing your super easy.
1. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. registered in the U.S. and other countries. Google Play and the Google Play logo are trademarks of Google LLC.
This information is general advice only and does not take into account your personal objectives, financial situation or needs. You should consider if this advice is appropriate for you in light of your circumstances before acting on it. Please read the relevant Hostplus Product Disclosure Statement (PDS), available at hostplus.com.au before making a decision about whether to acquire or continue to hold Hostplus superannuation.
This website is issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL 244392 as trustee for the Hostplus Superannuation Fund (the Fund) ABN 68 657 495 890, MySuper No 68657495890198. Hostplus Self-Managed Invest (SMI) is issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL 244392 as trustee for the Hostplus Pooled Superannuation Trust (PST) ABN 13 140 019 340. Please read the relevant Hostplus Product Disclosure Statement (PDS) or Hostplus SMI PDS before making a decision about Hostplus. For a description of the target market, please read the Target Market Determination (TMD), available at hostplus.com.au. You can view detailed disclaimers here.