NGS Super – Income Protection Insurance
Did you know that if you were to become sick or injured and were unable to work, you may stop receiving an income? Income Protection (IP) is a smart way to ensure you will have financial support if you had to stop working due to illness or injury, enabling you to focus on your recovery and health.
Do you need Income Protection Insurance? No one likes to think there might come a time when they become unwell or are injured. But if the worst happens, how would you look after your regular financial commitments and your loved ones? Having Income Protection insurance cover can help ensure you are prepared should you find yourself in a situation where you can’t work.
Sharn’s story
In 2019, 44-year-old teacher and NGS member, Sharn, was told that she had aggressive breast cancer. Receiving the news was a moment that turned her and her family’s world upside down. With limited sick and long service leave available, there was immediate concern about what would happen when that ran out.
“I never thought it would happen to me. But it was happening. In all the stress, it was a relief to know that I would be covered with income protection insurance that is part of my superannuation package,’ said Sharn.
Why get insurance with your Super?
Insurance as part of your super account is a tax effective way of protecting you and your loved ones. NGS Super offers automatic Default insurance cover when you become eligible.
You can get an idea of how much Income Protection you may need using our handy insurance quote calculator.
If Default Cover does not suit your needs, NGS offer a variety of options to tailor your insurance to suit your requirements.
You can change or cancel your insurance cover at any time.
Want to find out more about your insurance options?
You may benefit from speaking with an NGS Super Specialist. Our Super Specialists are here to help. It’s free, and they can answer your questions. Book your free chat with a Super Specialist
This is general information only and does not take into account your objectives, financial situation or needs. Before acting on this information, or making an investment decision, consider whether it is appropriate to you and read our Product Disclosure Statements and Target Market Determinations. You should also consider obtaining financial, taxation and/or legal advice tailored to your personal circumstances before making a decision.
This information has been issued by NGS Super Pty Ltd ABN 46 003 491 487 as trustee of NGS Super ABN 73 549 180 515, RSE Licence L0000567 and AFSL 233 154.
