Many financial planners consider that personal insurance is one of the most under-appreciated aspects of a person’s financial affairs.

While it's not directly about protecting your investments, it is about avoiding losing everything you've achieved because something happened to you or your family and you weren't adequately insured. So it does make sense to make it part of your overall financial strategy.

Why have insurance through Catholic Super?

LOWER Cost

• Catholic Super has negotiated group premiums which are lower than what an individual might get and
• You save more by not having to pay commissions to agents or brokers.

LESS Tax

• Instead of paying your premiums after tax at your marginal rate, you pay them from your super account where the tax is significantly less.

NO Impact on Take-Home Pay

• Premiums are deducted from your super account monthly so there’s no impact on your household budget.

STREAMLINED Claims

• Claims are tracked and assigned a dedicated case manager.

Types of Insurance with Catholic Super

Death Cover

Death cover will pay a lump sum to the dependants or estate on the death of the insured person.

Total and Permanent Disablement cover

Total and permanent disablement cover provides a lump sum payment for an insured person should they suffer from an illness or an injury which permanently prevents them from working.

Income Protection Insurance

Income Protection pays a regular income to an insured person if they are temporarily disabled by an injury or illness. Catholic Super has a number of Insurance options available to members. Learn more on Insurance.

Seek financial advice

When considering which insurance is right for you we strongly recommend you obtain independent financial advice before making a decision to ensure you are fully aware of tax and other implications. More on getting financial advice.