Continuing your insurance when you leave
Need help? Call 1800 127 953

Death and Disablement Cover

When you leave Dow you may be able to apply for the insured part of your death and total and permanent disablement benefit to be continued as a private insurance policy with the Insurer. This is called a continuation option and, subject to you meeting certain conditions, allows you to maintain your insurance cover without having to provide any health evidence.

If you are a Spouse member with insurance cover and you leave the Fund, you can apply to continue the death-only insurance cover you had as a Spouse member.

The insurance premiums for the continuation option will be the insurer’s current retail premium rates at the time the policy is taken out and will be different to the premiums that apply in the Fund.

To apply for a continuation option when you leave, you will need to satisfy certain conditions and must apply within 60 days of leaving.

You should refer to the Information for Leaving Members Notice or PDS for more details.

the Information for Leaving Members Notice

To take advantage of the continuation option when you leave Dow, the replacement insurance must be arranged with the Insurer within 60 days of you leaving Dow. You must not have left for, or commenced duty with the armed forces of any country. Other conditions may also apply.

How do I continue my insurance cover?

Contact the Fund Administrator on 1800 127 953 if you want to apply to continue your insurance cover.

Remember, you need to apply within the relevant time limits mentioned above.

Towers Watson Australia Pty Ltd (ABN 45 002 415 349, AFSL 229921) "Willis Towers Watson" has financial planners in its Melbourne office, to offer members financial planning services. You can take advantage of these arrangements at any time, including when you leave. To speak with a licensed financial adviser from Willis Towers Watson and for more information about continuing your insurance when you leave, contact Willis Towers Watson on (03) 9655 5222. Or you can contact the Financial Planning Association of Australia (FPA) to help locate a professional financial adviser near you. Call 1300 337 301 or visit www.fpa.asn.au for more details.