Insurance fees apply to any insurance cover provided to you. If applicable, the insurance fees you pay cover the cost of insurance (insurance premiums) and the cost of administering any insurance cover you have in the Fund (insurance administration fees). The Promoter receives an insurance administration fee of 6% of the insurance fees deducted from the accounts of insured members, in relation to the administration of the insurance cover arrangements for members. The insurance fees depend on the type and level of insurance cover, and other factors including your age and occupation. Refer to the Insurance Guide for details.