Wholesale rates for Self Managed Super Funds (SMSFs)

Together with AIA Australia, AGI have launched a new insurance solution enabling trustees of SMSFs with the ability to obtain insurance at wholesale rates.  

The Self-managed Superfund (SMSF) Master Insurance Plan provides SMSFs online access to insurance at competitive wholesale rates – potentially saving SMSF members up to 25% or more on standard death, total and permanent disability (TPD) and income protection (IP) cover.**  

The plan also provides immediate decisions – for cover up to $1,250,000 death and TPD and cover up to $10,000 per month income protection; the ability to transfer existing cover; an online application that can be completed in under five minutes, and can also cater for SMSFs that utilise platforms as an administrative tool. 

SMSF members can currently assess their life insurance needs, obtain a quote and purchase cover online via AGI’s public website - www.agismsf.com.au. To apply members need an SMSF provider code which can be obtained from their SMSF provider (who need to register with AGI) or by contacting AGI directly. Members can also transfer existing cover from their retail policies and super funds, up to certain limits (conditions apply).

For financial advisers and accountants

The SMSF Master Insurance Plan is an ideal opportunity for financial advisers and accountants to service the growing SMSF sector, thereby attracting new clients and retaining existing clients.  

Benefits of becoming an SMSF Provider include:

  • Minimal set up time
  • No administration (for you or your clients)
  • Add value to your overall service offering by providing access to the SMSF Master Insurance Plan
  • Easy website functionality – attach the SMSF Master Insurance Plan public website to your existing website

Advisers and accountants who are interested in becoming an SMSF provider and offering this product to their clients simply need to register with AGI – contact smsf@agigroup.com.au for a registration form or download the form below:

SMSF Provider Registration Form PDF Download

Please note that SMSF members can only access insurance via an SMSF provider code, which can be obtained from their SMSF provider. 

 ** depending on occupation, age, type and level of cover

To find out more, contact AGI.