REST Industry Super no longer provides default cover for new members aged under 18.

The change, effective this month, is part of a wider revamp of the superannuation fund’s insurance, which includes death, income protection and total and permanent disability cover.

REST says new members will pay up to 25% less for default cover and still maintain long-term income protection under the changes.

The fund has also started using “plain English” definitions to improve understanding of policies, and has removed complex rules to provide greater certainty of cover.

“We’ve removed some employment-related requirements that were previously necessary so members can rest easy knowing that, as long as they’re making superannuation contributions or can pay their premiums, they’re covered,” COO Andrew Howard said.

“We’re also committed to making it easy for our members to understand the value of the insurance they hold as part of their super.”

The fund’s group policy insures more than 1.4 million members.