Is your death or death and disability insurance with Vision Super? The Daily Telegraph reports most funds are raising their insurance costs from 1 July, and their increased insurance fees could cost you $40,000.
While other super funds are jacking up insurance costs by as much as over 300%, Vision Super reduced our death and total and permanent disablement (TPD) insurance for MySuper default members from 1 January by 6% on average.
And the new, lower fees are locked in for three years to give you certainty.
If you have insurance elsewhere, it’s a good time to think about transferring it to Vision Super – lower fees could make a big difference to your retirement income. You can transfer your insurance in just three easy steps.
Click here to read more about the advantages of insurance through Vision Super.