Insurance is not generally something anyone wants to think about but it is important. It helps you protect the lifestyle you’ve worked hard to create – for you and for your family. And there are some good reasons why it makes sense to have insurance cover through your super fund.
It may be tax-effective with premiums paid from your super account, and it may be cost-effective via a group insurance policy covering all members to achieve lower premiums. There may also be other benefits, eg. you may receive cover automatically without having to provide medical evidence or underwriting to the insurer.
You may not need to claim on insurance very often, but if and when you do, you want to feel secure in the knowledge that your cover will can help take care of yourself and your loved ones.*
*Benefit payments are subject to policy terms and conditions. Please refer to the Reference Guide: Insurance for more details.
The insurance you need will mostly depend on your own personal circumstances – where you are in your life and what financial commitments you have. Thinking about these sorts of things will help you consider what an insurance benefit may need to cover if something were to happen to you.Find out more
While it’s not something most of us like to think about, you’ve worked hard for your super savings so it’s important to make sure it ends up in the right hands if something happens to you.Find out more
Accumulate Plus has some of the lowest insurance premiums among super funds in Australia, consistently at or above the top quartile (i.e. lowest premiums) when compared to industry medians (Source: SuperRatings).Find out more
We appreciate that if a time comes when you need to make a claim, you will be going through a difficult situation, so we want our claims process to be as simple and hassle-free as possible.Find out more