Default Insurance Through Your Super Explained (video)

When was the last time you reviewed your super? In particular, have you checked what life insurance policies you might be paying for by default?

There’s a chance that things like death cover, total and permanent disability insurance or income protection insurance could be included as part of your super without you knowing it.

Josh Callaghan, Canstar’s General Manager, Wealth, recently appeared on The Project and explained to viewers that it’s important to understand how much you’re paying for insurance and to know what it covers you for.

Compare super funds

The table below displays a snapshot of 5-Star rated super funds on Canstar’s database that include income protection insurance, sorted by provider name (A-Z). These Star Ratings are based on a 30-39 year old with a super balance between $100,000 – $250,000. 

Compare direct life insurance

The table below displays a snapshot of direct life insurance policies on Canstar’s database, sorted by Star Rating (highest to lowest) and then by provider name (A-Z). These results are based on a female policyholder aged 30-39 years old.

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