Brisbane council employee superannuation fund City Super has appointed ING Life as its insurance provider, terminating its agreement with Tower.
The decision followed a review of the fund's existing insurance arrangements.
"We were looking to increase the insurance cover for our members as well as lower our premium rates. ING were able to provide us with these needs," City Super insurance administration officer Melissa Williams said.
The fund will offer insurance cover to its members, including death and total and permanent disablement cover for permanent and casual employees.
Council employees who work more than 14.5 hours a week can access voluntary salary continuance insurance cover.
The fund has over 10,000 members and manages $1.3 billion.
