It’s not easy to plan ahead in case something happens to you and you die. But should the worst happen, being prepared could make it much easier for the loved ones you leave behind.

It’s important to make sure you have adequate insurance cover to protect yourself, your family and your lifestyle if you can’t work or, worse, you pass away.

Having enough cover though is only half the story. 

Why specify your beneficiaries?

If you die, Sunsuper must pay your benefits – your super balance and any insurance benefits (if applicable) – to your beneficiaries, for example, your spouse, children or estate. Specifically letting us know your beneficiaries is the best way to make sure your benefits are paid as quickly as possible to who you want to receive them. If you don’t do this, we will try to find eligible beneficiaries to pay your benefits to. If we can’t find any, we can make reasonable enquiries and pay your money to anyone with a fair claim.

Will your benefits be paid to who you want to receive them?

It’s important you let us know who your beneficiaries are so we know your wishes. It might be a good idea to seek legal advice in nominating your beneficiaries. And remember, to maintain a binding nomination, you need to complete a binding death benefit nomination form every 3 years, and it’s your responsibility to change your beneficiary nominations as your personal situation and your relationship to your beneficiaries change. You can find the nomination form here.  

 Beneficiary table

1. Husband, wife, de facto partner (including same sex partner).
2. Includes the child of a spouse.
3. Someone who you have a close personal relationship with: you live together and/or one or each of you provides the other with financial, domestic or personal support or care. Includes support or care provided because of physical, intellectual or psychiatric disability.

Want to learn more?