1 Super Essentials
6 Steps
- Find the information you collected when completing the first step-by-step guide on your insurance cover within super.
- Review the regular fees (premiums) you are being charged for your insurance protection.
- Compare the cost of insurance cover in your fund with the benefits and costs in similar super funds.
- Think about whether your insurance cover is the right level for your current circumstances, or whether you need more or less protection.
- Consider if your current insurance would pay off your mortgage or other regular bills if you couldn’t work for a period, or if you passed away.
- Think about whether you’re paying for insurance you don’t need if you hold similar insurance outside super.