Australians tap super funds for extra insurance
Alice UribeFinancial Services Writer
Around 800,000 Australians say they intend to buy or increase their life insurance over the next two years without a financial adviser, with more than half of these planning on tapping their superannuation fund for their coverage.
Data from Investment Trends shows that 52 per cent of Australians who plan to make unadvised changes to their insurance coverage in the next two years will do so via their super offering.
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