When a loved one passes away, the hardship following their death is often compounded if they were a source of income for their dependants.
What is Life Insurance or Death Benefit cover?
All superannuation funds in Australia offer benefits in the event of a loved one’s death. If you were a spouse, child, legal personal representative or financially dependent on someone who has passed away, you may be entitled to their superannuation contributions and connected insurance benefits. These benefits are designed to ease the burden of financial strife at this difficult time.