Why you need insurance

Eighty three percent of Australians say they have insurance for their car. Only 31% insure their ability to earn an income¹.

That’s crazy!

Why wouldn’t you insure your most valuable asset – that is, your capacity to earn money?

Worst case scenario

If the worst happened, would your family be able to meet normal living expenses? Could they repay loans?

If you couldn’t work, would your partner and children have to do without the things they would normally take for granted? Would you risk losing your family home?

If your disabilities meant home modifications or specialised medical equipment, could your family cover the cost?

If you were really sick, what would you and your family live on? Savings? Welfare? Handouts from friends and rellies?

Think about it: if you die or you’re permanently disabled, your future income can’t be replaced.


Luckily…

We offer a range of options to suit your individual insurance needs, from the risk of death and disablement to temporarily losing your income through illness or injury.

Insurance is likely cheaper than you think – and you pay it out of your super, so it won’t affect your take home pay.

Do you have enough of the right insurance?

Underinsurance leaves you and your family vulnerable. For peace of mind, let us help get you covered.


Next steps

Depending on your circumstances you may be eligible for insurance under Tasplan Protect 1 or Tasplan Protect 2.

Tasplan Protect 1

If you’re NOT a Tasmanian State Government employee or a former RBF Tasmanian Accumulation Scheme member, you may be eligible for insurance under Tasplan Protect 1. 

For all the information, refer to the Tasplan Super Member guide Tasplan Protect 1 or our Tasplan Super Insurance guide Tasplan Protect 1.

Tasplan Protect 2

If you’re a Tasmanian State Government employee or a former RBF Tasmanian Accumulation Scheme member, you may be eligible for insurance under Tasplan Protect 2.

For all the information, refer to the Tasplan Super Member guide Tasplan Protect 2 or our Tasplan Super Insurance guide Tasplan Protect 2.

Do you have enough of the right insurance? Check your level of cover in Tasplan Online or give us a call on 1800 005 166.

¹Lifewise Facts Research. Statistics. AAMI Fact Sheet, Shopping for Car Insurance, September 2008 and TNS/IFSA Investigating Income Protection Insurance in Australia July 2006. www.lifewise.org.au/see-more-statistics/