Why it is important
In the event of your death or permanent disablement due to illness or injury, would your family be able to meet the normal expenses of living or repayments of loans or borrowings? Would your inability to work mean your partner and children would have to do without the some of the things they would normally take for granted or would you potentially be at risk of losing your family home? If your disabilities required home modifications or specialised medical equipment, could your family afford to cover the cost of them?
Why do people make sure that their house and car are adequately insured, an object that can be replaced, but do not make sure the loss of future earnings of the major income earner are insured? If the major income earner dies or is permanently disabled those future income earnings cannot be replaced.
Tasplan recognises that insurance is an essential part of any financial plan as it provides protection against those unexpected happenings such as death or disability. We urge all members to take stock of their financial circumstances and to determine what cover Tasplan can provide to ensure you have the protection you need.
Remember, the premiums come out of your superannuation account so it does not affect your take home pay.
Tasplan also encourages all members to seek financial advice if they do not feel comfortable that their own knowledge is sufficient free financial advice is available in relation to Tasplan superannuation account matters, which includes insurance.
For further information refer to the Tasplan PDS or the Tasplan Insurance Booklet or call our friendly Customer Service staff on 1800 005 166.

