WIP Capital Benefits (Group)
by WIP Group
Commercial Insurance
Non-Profit Insurance
AUD 500 /year
AUD 100K
All States
Yes
- Accident and Sickness
- superannuation funds
- corporations
- associations
- unions
Product Overview
WIP Capital Benefits (Group) by WIP Group offers a practical group insurance solution for businesses and organisations across Australia. This product is designed to help employers provide financial protection for their teams in case of unexpected events.
About WIP Capital Benefits (Group) by WIP Group
The cover includes accidental death, broken bones, and capital benefits, along with accident and sickness options. WIP Group’s WIP Capital Benefits (Group) is available for superannuation funds, corporations, associations, and unions, making it a flexible choice for many group schemes.
With a minimum cover of AUD 500 per year and a maximum of AUD 100,000, this product suits a wide range of needs. There is no excess, and it is available in every state, so businesses can support their people wherever they operate.
WIP Group’s approach focuses on tailored solutions and competitive offerings, aiming to help organisations boost employee wellbeing and value. The product is only available through insurance brokers with a contract, ensuring expert guidance throughout the process.
For more details or to discuss a quote, brokers can use the ‘Contact Underwriter for Quote’ option on this page. The factsheet and extra resources are also handy for a closer look at WIP Capital Benefits (Group) by WIP Group.
WIP Capital Benefits (Group) by WIP Group FAQs
What makes the policy suitable for group schemes?
WIP Capital Benefits (Group) by WIP Group is built for superannuation funds, corporations, associations, and unions. It allows organisations to provide group-wide protection with flexible cover options and competitive pricing. The policy is managed under one contract, making administration simple for group organisers.
What types of events are covered under the capital benefits section?
The capital benefits section provides lump sum payments for major injuries resulting from accidents. Covered events include loss of limbs, loss of eyesight, and permanent disablement. The factsheet lists the specific injuries and the benefit amounts available for each event.
Can WIP Capital Benefits (Group) by WIP Group be customised for different organisations?
Yes, this insurance can be tailored to suit the unique needs of each group. Organisations can work with their broker to adjust cover types and benefit levels. This flexibility helps ensure the policy matches the group’s size, structure, and industry.
Is WIP Capital Benefits (Group) by WIP Group available for non-profit organisations?
WIP Capital Benefits (Group) is available for non-profit organisations, including associations and unions. It is part of the product’s line of business and can be tailored for non-profit needs. To learn more, visit the Non-Profit Insurance category page for extra details and resources.
What is included in the accident and sickness cover?
Accident and sickness cover provides financial support if a covered person cannot work due to an accident or illness. The benefit helps with lost income and can assist with recovery costs. This cover is designed to reduce the financial impact of unexpected health events for employees or members.
Where can I find more detailed information about WIP Capital Benefits (Group) by WIP Group?
Detailed information is available on the product page, including a downloadable factsheet. Brokers and organisations can also use the contact options to speak directly with the underwriter. These resources help with understanding cover details and making informed decisions.
Accident and health
Complete and up to date listings are our highest priority. Our full-time research team keeps our listings accurate and up to date but sometimes changes happen that we haven’t spotted yet. If you see something out of date, click here to open your email client and send us a message!