SPEC Super - generating wealth An Industry SuperFund

SPEC Super provides access to insurance cover to provide financial protection against the unfortunate event of Death, Total and Permanent Disablement or being temporarily unable to work. The type of insurance offered by SPEC Super varies according to the division of SPEC Super you are a member of. For more information about the insurance cover available in each division please click on the division name below.

 

SPEC Select Insurance

 

SPEC Personal Insurance

 

SPEC Pension Insurance

 

What if something happens to you?

Your benefit in the event of death consists of your super account balance and any insurance benefit (if applicable). You can make a non-binding or a binding nomination for your beneficiaries to receive your benefit if you die.

 

SPEC Pension also allows members to nominate a reversionary beneficiary at commencement.  A reversionary beneficiary would continue to receive pension payments after the death of the member, or they can commute their pension and be paid a lump sum benefit.

 

There are rules surrounding who your beneficiaries can be and the role SPEC Super plays to ensure your benefit goes to the right people.

 

Do you know how important insurance is?

Even the most carefully made financial plans can fail due to unexpected circumstances. So it makes sense to have a safety net in place. Having the right insurance cover can ensure a tragedy will not be made worse by financial burden.

 

SPEC Super gives you the opportunity to protect yourself, your family and your lifestyle if something happens to take away your earning power.