Do I Need Life Insurance If I Have Superannuation?
Life insurance is a type of insurance that pays out a lump sum if the policyholder dies. It can be used as an investment, as well as a source of funds for retirement. If you have superannuation, you may not need life insurance for retirement purposes. However, if you plan on using your super to purchase an income-producing asset or property and want protection in case something happens to you, then life insurance may be worth considering...Read More