“The government has heard from stakeholders that workers in dangerous occupations are likely to benefit from default insurance in superannuation, as they may face barriers to accessing insurance elsewhere,” said Mr Stuart.

“Therefore, the government has decided to make available an exception to the opt‑in changes for new members in prescribed dangerous occupations, such as police officers, truck drivers, farmers or concreters, who are under 25 years old or have an active low balance account, where trustees elect to apply it.”

In determining which occupations will be considered dangerous for the purpose of the exception, Mr Robert said the government will consider risks across all occupations and will consult publicly, in the time available, on the exempt occupations. 

Mr Robert said the opt-in measures for insurance in super were important as Australians “should not be defaulted into insurance they did not ask for, cannot claim on, or which is significantly beyond what they need”.

“Importantly, under the government’s amendments, fund members will still have the opportunity to opt-in to insurance cover if they decide it is appropriate for their circumstances,” he said.

“Further to that, funds will be required to provide adequate disclosure to affected members so they are made aware of the changes, how they will impact on them, and how they can opt-in to keep existing insurance arrangements in place.”