Most Australians with an industry or retail super fund hold some form of insurance — life (death) cover, total and permanent disability (TPD) cover, or income protection — through their super account. This default cover is automatically applied when you join a fund, without requiring medical underwriting.
- Super Insurance — Life and TPD Cover Explained — What default insurance you likely have, how it works, opt-out rules, and whether it suits your situation
For advice on your personal insurance needs, speak with a licensed financial adviser through MoneySmart.