Note: This article covers the best deals in super for income protection insurance. For the best deals in super on life insurance (death and disability cover), see SuperGuide article Comparing super funds: Top 20 cheapest funds for life insurance.
In the past few years, insurance premiums associated with super fund accounts have increased dramatically (although some super funds have reduced life insurance premiums, especially for younger fund members). More Australians are shopping around for the best insurance deal, and discovering that men often get a different insurance deal to women, and as you age, your premiums jump dramatically.
Very few people realise that most income protection insurance premiums more than double from the age of 45 to 55, and this also applies to the super funds offering the cheapest insurance deals. For the best deals in income protection insurance, see the 4 tables below.