Many people hold life and TPD insurance automatically through their superannuation fund. While this can be convenient and cost-effective, the cover amounts are often based on default settings rather than personal needs.
In some cases, default cover may be:
- Insufficient for your financial obligations
- Based on definitions that may not suit your occupation
- Structured in a way that limits flexibility at claim time
A review can help determine whether your existing super-based cover remains appropriate or whether adjustments are required.
