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Having some insurance is better than having none. However the more you have the more it costs, so you need to find a balance.
You could nominate just enough cover to pay out your mortgage and other debts. Or if you can afford it, you could insure yourself for more to leave your family / estate a substantial lump sum.
Another option is to get income protection cover where you can insure up to 85% of your salary.
How much cover you get is your choice, and depends on what you can afford.
Remember your super balance will form part of your estate too.
Start by getting a quote, or call us on 1800 MYBUSSQ (1800 692 877).
See changes to insurance effective 1 March 2017
Please note: In the event of a dispute, the insurance policy document will override the relevant Product Disclosure Statement and the information contained within this website.
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