UPDATE: Insurance and Protecting Your Super

Important update. Are you at risk of insurance cancellation? Recently, the Federal Government introduced the Protecting Your Super package. The new laws are designed to ensure that super members who hold insurance inside superannuation are not; paying for insurance cover that they do not know about, or subject to insurance premiums and other fees inappropriately diminishing retirement savings. From 1 July 2019 super providers must cancel insurance in any super account that is considered inactive. It is strongly recommended that you act now to ensure your valuable insurance remains in place. What is considered an ‘inactive’ super account? An inactive super account is one that is not receiving

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