Did you know you can get automatic default insurance through your super? It's a simple, affordable package of:
- Income Protection: If you're sick or injured and can't work for a while you could get paid an income.
- Total and Permanent Disability Cover: If you are seriously sick or injured and not expected to work again you could receive a lump sum payment.
- Death Cover: If you were terminally ill or to pass away a lump sum payment or pension could be paid to the people who depend on you.
Why insurance in super can be worth it
It's probably not something we think about every day, but what if you could no longer earn the income you previously did because you’re off work (or on reduced hours) due to sickness, injury, or death? How would you or your family cope financially?
Being insured is a simple way you can help protect both your income and your loved ones, no matter what life throws at you. That’s reassuring!
Learn more about the basics of insurance in super.
You can also download our helpful guides:
