Understanding insurance in super can sometimes be confusing, especially when trying to compare it across different super plans and insurers.
To help, the superannuation industry created the Code - a set of common standards across the industry aiming to provide you with more clarity and consistency about insurance in super, so you can feel more confident about making a choice.
How we're meeting the Code
We're already compliant with a number of the Code’s requirements, and are working hard to meet the remaining requirements by 1 January 2022.
Our transition plan outlines how we're doing this, our progress, and when we'll be compliant with each requirement.
What does it mean for you?
Importantly, you don't need to do anything.
Our compliance with the Code means we're committed to improving our processes, as well as the insurance offered through our super - so it's appropriate, affordable and won't erode your super balance.
This information is provided by AWM Services Pty Ltd ABN 15 139 353 496 (AWM Services), and is general in nature only. It hasn’t taken your personal circumstances into account. Before deciding what’s right for you, it’s important to consider your particular circumstances and read the relevant product disclosure statement or terms and conditions available from AMP at amp.com.au or by calling 131 267 or by emailing email@example.com.
You can read our Financial Services Guide online for information about our services, fees and other benefits that AMP companies and their representatives may receive relating to products and services provided to you. AWM Services is a part of AMP group. You can also ask us for a hardcopy.
All information on this website is subject to change without notice. Although the information is from sources considered reliable, AMP doesn’t guarantee that it is accurate or complete. You shouldn’t rely upon it and should seek professional advice before making any financial decision. Except where liability under any statute cannot be excluded, AMP doesn’t accept any liability for any resulting loss or damage of the reader or any other person.