It’s reassuring to know that if the worst does happen insurance cover is in place to provide financial support for the people who depend on you. A Death insurance benefit is paid if you die or become terminally ill. A TPD insurance benefit^1,2 is paid if you suffer an injury or illness that prevents you from ever being able to work again. Your total superannuation benefit paid to beneficiaries will be the accumulated balance of your super contributions plus any insurance benefit available.

• The cost of insurance is deducted automatically from your super balance, not from your take-home pay – so you don’t have to budget for it.
• You’re covered while travelling overseas^3.
• You’re covered while on approved leave without pay.
• Age-based cover that adjusts automatically to reflect typical member needs – at its highest until the age of 42 and then gradually reducing as you approach retirement age.
• You can tailor your cover to suit your needs, including apply for additional cover up to the maximums stipulated in the relevant Insurance guide. Applications for additional cover may require you to provide evidence of your health.

Note: See the smartMonday PRIME PDS and relevant Insurance guide for information about the terms, conditions and exclusions that may apply to some of the key features.

If you were to die, the money would be paid to your beneficiaries. If you haven’t told us who your beneficiaries are, it could cause a great deal of stress for your family – at an already distressing time. It could also delay payment while the Trustee sorts it out. That’s why it’s important to consider nominating beneficiaries. Find out more about death benefit nomination options available to smartMonday super members.

Like some professional help? Contact your adviser. If you don’t have an adviser, talk to a smartCoach today on 1300 262 241, or email smartcoach@smartmonday.com.au.