What happens to your super when you are ill or injured?

Accessing your super on permanent incapacity or terminal illness grounds

Beyond Rest’s insurance features, you may also qualify for early access to super on the following grounds:

Permanent incapacity: if you become permanently incapacitated, meaning your ill-health (whether physical or mental) makes it unlikely that you will engage in gainful employment for which you are reasonably qualified by education, training or experience. This may or may not include insurance proceeds paid into your super account if you hold Total and Permanent Disability (TPD) cover

or

Terminal medical condition: if you’re diagnosed with a terminal illness, meaning an illness or injury that is certified by two medical practitioners (at least one being a specialist practicing in the relevant area related to the illness) that it is likely to result in your death within 24 months after the date of the certification. This may or may not include insurance proceeds paid into your super account if you hold Death cover which includes Terminal Illness.

Accessing your super on compassionate grounds

Eligible Australians may be able to appeal to the Australian Taxation Office (ATO) for early access to super on compassionate grounds if you aren’t able to access your super yet (because you haven’t met a condition of release, such as retirement or turning 65).

Please refer to the ATO website for eligibility information. Compassionate grounds for early release might include:

• Medical treatment or transport*
• Disability modifications to a home or car*
• Palliative care: expenses associated with caring for a terminal medical condition*

*For yourself or a dependant