This calculator will help you determine how much insurance protection you may need, based on your particular circumstances and utilising NGS Super’s three insurance benefit types:

  • Life and Terminal Illness
  • Total and Permanent Disablement (TPD)
  • Income Protection (IP).


The premiums used in this calculator are current as at 01 April 2020.


Once the calculator has estimated how much cover you may need, you can find out how much it will cost for this (or any other level) of insurance cover.


The information you provide will be used solely for the purpose of producing the calculated cover and will not be used for any other purpose.


Please read the following before starting to use the calculator.



This insurance calculator is provided by NGS Super Pty Limited ABN 46 003 491 487 AFSL 233 154 the trustee of NGS Super ABN 73 549 180 515. The calculator provides general illustrations based on stated assumptions only and should not be relied on as a basis upon which to alter your insurance or financial arrangements. You should consider obtaining professional advice and read the Product Disclosure Statement and Insurance Guide before making any decisions about your insurance cover.


NGS Super Pty Limited expressly disclaims any liability, either direct or indirect, for loss or damage arising from any person relying either wholly or partially on any information provided by, resulting from, shown in, or omitted from, this calculator.


Important Information

The premiums and levels of cover for Life, TPD and Income Protection in this calculator are based on NGS Plus (including NGS Select premiums) or NGS General as appropriate, depending on your employment category. Different premiums and levels of cover may apply if you are a member of a super fund other than NGS Super.


The calculated cover is not a recommendation and is not intended to be an exact figure. It does not take all of your needs into account and does not constitute personal financial advice.


No assessment is carried out as to the availability of cover. Cover may not be available to some members either for health reasons or due to their occupation.


The calculator estimates how much cover you may need based on information entered by you and by using a number of assumptions. The assumptions used by the calculator include some you can’t change (such as the rate of the superannuation guarantee levy) and some you can vary (such as the rate of inflation). The assumptions you can and cannot change are identified in the calculator. Our default assumptions are based on a combination of government legislation, regulatory guidance and reputable surveys and studies.


Premium rates for insurance cover will generally increase over time. You should be mindful that the cost of your insurance cover will reduce your retirement savings.


All cover is subject to the terms and conditions of the insurance policies and if there is any conflict between the information provided in this calculator and the insurance policies, the terms and conditions of the policies will prevail.


Income Protection premiums

Please note that the calculated premiums for Income Protection (up to two and five year benefit payment period options) reflects cover expiry age 67. Where you have cover expiry age of 65 (for example - you have up to two year benefit and age 63+ as at 1 June 2017, up to five year benefit and age 60+ as at 1 June 2017 or are covered under special arrangements), please refer to Member Online for details of your current insurance premiums.


Other factors to consider

  • Where you have child dependants and do not provide their expense information in detail, the calculator estimates future expenses using the child support tables sourced from the Australian Government Child Support Agency.
  • The calculator uses the latest income tax brackets (as per the ATO website) and the current superannuation tax rate.
  • The calculator only includes child dependants. You should also consider the need to support any adult dependants where necessary.
  • If you are not working full time, the calculator will not provide coverage for the replacement value of any unpaid domestic duties.

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