Too Much Keyperson Cover?

In Australia, Life Insurance and TPD Insurance is typically included in your super – by default.

Generally this is a good thing, but if you’re one of the 4 in every 10 Australians who have more than one super fund, it may not be a good thing at all.


Because, unless you’ve opted out of insurance with your other funds, you’re essentially duplicating your cover AND your premiums.

This can have a massive negative impact on your retirement savings.

Unfortunately, this is not always easily fixed by simply consolidating your super into one fund.

You need you need to be sure that you’re making a good choice. And that can be more complicated than most people think.

For example, what if you choose to consolidate with a more recent fund and then you’re no longer covered for a pre-existing condition?

To speak to a Keyperson adviser, call us today on 1300 78 55 77 or send your enquiry to