In the unfortunate event that you are involved in a car accident, one of your first thoughts might be: “how can I fix things or
If you want to keep your insurance attached to your inactive superannuation account, you will either need to make a contribution to your superannuation account, or tell your super fund that you want to keep the insurance. Your super fund will contact you if your insurance on your superannuation account is about to end.
So that your superannuation fund can contact you, it is important to make sure that your super fund has your current contact details. It is also important that if you don’t want your cover to end on your inactive account, that you take steps to notify your superannuation fund that you want the insurance cover to continue.
To ensure that your super and any attached insurance gets distributed the way you want in the event of your death, McNamara Law has a team of Wills and Estates experts who can assist you with your estate planning and binding death benefit nominations.
Call us today on 1300 285 888 and make an appointment to see Ruth (Ipswich) or Bekky (Springfield) to discuss your Superannuation and Estate Planning needs.