A number of changes to how your insurance within super works are either underway or about to come into effect. It's important that you understand these changes and how they could affect your insurance. Please take a few minutes to read the information below so you know if there's any action you need to take.
Protecting Your Super
As part of the Protecting Your Superannuation legislation, effective 1 July 2019, significant changes have been implemented for insurance provided through superannuation.
One of these changes is that trustees are now generally required to stop providing insurance cover through super to any member who has not opted in to insurance cover and whose account has been inactive for 16 months or more.
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