Virgin Money Super default insurance cover by age

Virgin Money Super gives eligible members default cover automatically: 3 units of death (life) cover and 3 units of TPD cover, on the All Members scale, paid from the member's super balance. The figures below are from the fund's current PDS (dated 22 April 2025), insured through TAL Life Limited.

Default death cover here peaks at $271,200 at age 16 and is $15,600 by age 60, a fall of 94%.

Default cover by age on the All Members scale. Death and TPD are separate benefits and are never added together.
Age	Death cover	TPD cover	One death unit is worth	Weekly cost per death unit
16	$271,200	$271,200	$90,400	$0.55
17	$271,200	$271,200	$90,400	$0.55
18	$271,200	$271,200	$90,400	$0.55
19	$271,200	$271,200	$90,400	$0.55
20	$271,200	$271,200	$90,400	$0.55
21	$243,900	$243,900	$81,300	$0.55
22	$243,900	$243,900	$81,300	$0.55
23	$243,900	$243,900	$81,300	$0.55
24	$243,900	$243,900	$81,300	$0.55
25	$243,900	$243,900	$81,300	$0.55
26	$243,000	$243,000	$81,000	$0.55
27	$243,000	$243,000	$81,000	$0.55
28	$243,000	$243,000	$81,000	$0.55
29	$243,000	$243,000	$81,000	$0.55
30	$243,000	$243,000	$81,000	$0.55
31	$202,800	$202,800	$67,600	$0.55
32	$202,800	$202,800	$67,600	$0.55
33	$202,800	$202,800	$67,600	$0.55
34	$202,800	$202,800	$67,600	$0.55
35	$202,800	$202,800	$67,600	$0.55
36	$202,800	$202,800	$67,600	$0.55
37	$202,800	$202,800	$67,600	$0.55
38	$202,800	$202,800	$67,600	$0.55
39	$202,800	$202,800	$67,600	$0.55
40	$202,800	$202,800	$67,600	$0.55
41	$105,600	$105,600	$35,200	$0.55
42	$105,600	$105,600	$35,200	$0.55
43	$105,600	$105,600	$35,200	$0.55
44	$105,600	$105,600	$35,200	$0.55
45	$105,600	$105,600	$35,200	$0.55
46	$50,700	$50,700	$16,900	$0.55
47	$50,700	$50,700	$16,900	$0.55
48	$50,700	$50,700	$16,900	$0.55
49	$50,700	$50,700	$16,900	$0.55
50	$50,700	$50,700	$16,900	$0.55
51	$34,200	$34,200	$11,400	$0.55
52	$34,200	$34,200	$11,400	$0.55
53	$34,200	$34,200	$11,400	$0.55
54	$34,200	$34,200	$11,400	$0.55
55	$34,200	$34,200	$11,400	$0.55
56	$15,600	$15,600	$5,200	$0.55
57	$15,600	$15,600	$5,200	$0.55
58	$15,600	$15,600	$5,200	$0.55
59	$15,600	$15,600	$5,200	$0.55
60	$15,600	$15,600	$5,200	$0.55
61	$14,100	$14,100	$4,700	$0.55
62	$14,100	$14,100	$4,700	$0.55
63	$14,100	$14,100	$4,700	$0.55
64	$14,100	$14,100	$4,700	$0.55
65	$14,100	$14,100	$4,700	$0.55

Weekly costs are the fund's published rates.

Check this fund against your own age Compare retail cover across 9 insurers

General Advice Warning

This information is general advice only and does not take into account your personal objectives, financial situation, or needs. Before acting on any information, you should consider its appropriateness having regard to your own objectives, financial situation, and needs.