Getting your insurance from your super fund makes a lot of sense. Basically, the insurance premiums you pay for Death, Disability and Income Protection are deducted from your preserved super balance. This means you don’t have to pay for your insurance out of your take-home pay.

Insurance is rarely compulsory amongst funds, however it is widely encouraged. Firstly, look at your own circumstances in order to determine the appropriate level, then assess whether your chosen fund can offer you the level you require.

SuperSavvy publishes a list of the Top 10 funds for insurance.

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