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Underinsurance and Protecting your dreams. What role does life insurance play?
If you’ve got super through an Industry or Corporate fund you probably have some life insurance included.
Life insurance is about making sure you have a large enough safety net – and the size of that net does vary.
It can help to think of your life insurance needs like a bell curve on a graph, with level of coverage on the Y axis, and age on the X.
Do you still have the same haircut you had when you were in school? If your answer to this question is a horrified “no!” then there’s something important in your life that may need updating even more urgently.
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