Are you paying for dud insurance?
- By Wayne Lennan
- •
- 14 Jul, 2020
- •
You could be exposed to dud insurance through your super
Hundreds of thousands paying for dud insurance policies through super that make no sense at all. Hundreds and thousands of Australians could soon be exposed to dud insurance through their superannuation funds.
Highly restrictive definitions of disability for the unemployed, casual, contract and part-time workers have seen many people denied insurance payouts for years.
To understand why, you first need to know how most insurance policies in super work - particularly something called the activities of daily living test.
This is why it is important to get the right advice. If you are unsure of what your insurance policies cover or would like a free consult to make sure you have adequate cover please give me a call, Wayne 0412 49 42 43.
Highly restrictive definitions of disability for the unemployed, casual, contract and part-time workers have seen many people denied insurance payouts for years.
To understand why, you first need to know how most insurance policies in super work - particularly something called the activities of daily living test.
This is why it is important to get the right advice. If you are unsure of what your insurance policies cover or would like a free consult to make sure you have adequate cover please give me a call, Wayne 0412 49 42 43.