Life insurance through superannuation provides an important safety net for you or your family in the event of illness, disability or death if you do not have sufficient savings, retirement benefits or financial support and life doesn’t go to plan.
At Aware Super, we provide automatic death and total and permanent disablement insurance for eligible members with the flexibility to decrease or cancel this cover. Members can also apply for voluntary insurance including income protection insurance.
We’re always looking for ways to improve our insurance arrangements. That’s why we’ve opted in to the Insurance in Super Voluntary Code of Practice.
The code is an industry-wide initiative to improve the cover provided by super funds to their members. We already meet many of the code’s requirements and have now developed a plan to deliver the remaining improvements.
