Most super funds provide insurance by default when you join – you are entered into basic cover for if you die, become ill or injured. But you need to have cover that matches your personal situation, ensure you aren’t paying too much for what you are getting and get onto it early as your premium gets higher with age. 

General Advice warning:
Pearl Funds Management, an authorised representative AFS Rep No 001254808 of Banyan Securities Pty Ltd AFSL 484139
The information presented by us is general in nature and does not take into account your personal goals and objectives. It does not represent financial product advice. You should always seek independent legal and financial advice before making a decision in relation to a financial product. Read the Product Disclosure Statement (PDS) before making a decision. You should consider your own circumstances, needs and financial objectives before making a decision.

Daniella D'Ambrosio
10 February 2015