At HOSTPLUS Executive we continually strive to maximise your retirement savings and secure your future. Wealth protection is a fundamental – yet often overlooked – element of a well thought out, long-term financial plan.
To make sure your most valuable assets are covered, we’ve designed a range of high-value, low-cost insurance options.
Your HOSTPLUS Executive membership gives you the control to choose the types and level of insurance benefits you need (within set limits).
Any death insurance includes Terminal illness cover.
Special insurance arrangements through your employer
HOSTPLUS Executive also gives your employer the option to make special insurance arrangements (employer sponsored arrangements) for you, such as salary-linked insurance cover, as part of your overall superannuation benefits package. If they have done so, you’ll be advised of these arrangements.
Automatic cover when you join
If your employer has not made any insurance arrangements with HOSTPLUS Executive, or if you have opted out of any special employer sponsored arrangements, you’ll receive default cover. To make sure that HOSTPLUS Executive has you covered, if you’re eligible, you will receive...
Member age |
Automatically receives... |
| Between 25 and 64 |
Two units of Death and TPD insurance cover at $3 per week ($156 per year) |
| Under 25 |
Under 25 years One unit of Death and TPD insurance cover at $1.50 per week ($78 per year) |
You can cancel your automatic insurance at anytime by writing to HOSTPLUS Executive, Locked Bag 3, Carlton South VIC 3053.
Occupational ratings and insurance scales
The occupational rating is the classification that the insurer applies to your insurance premium (cost) depending on the nature of your job.
For example, generally, occupations that don’t perform manual duties and work in an office or similar environment like a manager, accountant or administrator, may fall within the Management/Clerical (white collar) scale. The Light Blue collar scale may include light manual duties, like a cook, chef, waiter, barista or room attendant. Heavy Blue collar scale occupations may include skilled or semi-skilled manual workers and/or heavy machinery operators, for example; gaming machine staff, laundry staff, commercial cleaner or security guard.
Please refer to the Membership form in the Member Guide to determine the occupational ratings that may apply to you or contact us on 1300 799 998 to assist you in determining your occupational rating.
Special insurance offer for new members
When joining HOSTPLUS Executive, as a one-off special offer to new members, you have the opportunity to increase your Death and TPD insurance without providing a full health statement and/or apply for Salary Continuance cover. See the Member Guide for further details.
This special offer only applies to new members who do not have special insurance arrangements via their employer, or have opted out of employer sponsored insurance arrangements.
Need more help?
The insurer
The insurer is OnePath Life Limited (ABN 33 009 657 176).