Insurance via super

Protect what you're building

Insurance provides an important financial safety net for you and your family in the event of unforeseen circumstances. Depending on your super fund, you may be able to save money by taking advantage of some cost-effective insurance options.

The most common insurance options on offer through super funds are:

• Death cover: provides a lump sum payout, in addition to your super account balance, if you die while still a member of the fund
• Total and permanent disablement cover: provides a lump sum payout if you become totally and permanently disabled
• Income protection cover: provides you with a replacement income if you are unable to work for an extended period of time, usually a month or more, although some policies will cover you after two weeks

 

A Commonwealth Financial Planner can help you identify the most suitable strategies for protecting you and your family. This could involve increasing your insurance via your super fund or taking out a separate insurance policy.

To make an obligation-free appointment with a Commonwealth Financial Planner, call 1800 241 996 or email us.

 

Important information: The information contained on this web page is of a factual nature only and is not intended to constitute financial product advice. It has been prepared by Commonwealth Financial Planning Limited without considering your individual objectives, financial situation or needs. You should consider its appropriateness in light of your circumstances and consider seeking professional advice relevant to your individual needs before making a decision based on this information.

Commonwealth Bank customers who wish to obtain information about Retirement Planning may do so by contacting a Commonwealth Financial Planner. Commonwealth Financial Planners are representatives of Commonwealth Financial Planning Limited ABN 65 003 900 169, AFSL 231139. Commonwealth Financial Planning Limited is a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124