Life Insurance through super
Life Insurance through super means accessing insurance via your super account where the Trustee of the super fund owns the insurance policy. Holding insurance via your super fund can be a convenient and tax-effective way of arranging financial protection in case of death or permanent or temporary disablement.
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What are the types of insurance available through super?
You can access Death Cover, Total & Permanent Disablement (TPD) Cover and Salary Continuance Insurance (SCI) Cover through your super.
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What happens to my super death benefit if I die?
The Trustee of your super fund may decide how your super is to be distributed.
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How do I nominate a beneficiary?
If you want to make sure the right people get your super and insurance proceeds if you die, you need to correctly nominate eligible beneficiaries.
