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3.20.2022Most people know that their employer pays a regular contribution to their nominated superannuation fund, that becomes available to you during retirement. What many people don't realise though is that in some cases a portion of that money goes towards providing insurance cover. Here are four simple superannuation tips, and some answers to common questions, to help you get the most out of your superannuation insurance cover if you have it. 1. Read your superannuation statements regularlyHow often do you receive a superannuation account statement and put it aside thinking ‘I’ll read it later'? Your superannuation statements should be read regularly to ensure your account balance is accurate. However, equally important is to review your statement for ‘insurance cover’.In the event of a serious injury or medical condition, you may need to take some time off work. During this period, insurance cover is crucial to providing you with the financial support you and your family may ne...
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