Life Insurance Awards 2025: Best Value Death Insurance In Super
Acclaim Wealth and AIA Australia have been named Money's Best Value Death Insurance In Super - Women as part of the 2025 Life Insurance Awards.
- Find out more about the inaugural Life Insurance Awards.
- Order your copy of the April awards issue.
- Check out more winners.
Gone are the days when life insurance was pitched chiefly at men. For today's families, it makes sense for both parents to be insured even if they don't both work.
Too often the economic worth of women is overlooked - not just for their effort in being the main caregiver in many cases, but also for bringing in valuable income.
The beauty of life cover through super is that families can enjoy the security of having both parents covered without any impact on take-home pay (premiums come straight out
of super savings).
That said, it still pays to look for value as women are still retiring with less in super than men.
"At Acclaim, life insurance affordability is a key part of our member-focused product offering," says Aimee West, Acclaim Wealth's head of adviser services.
"Recognising that women typically have lower superannuation balances than men, we worked with our group insurance partner, AIA, to ensure highly competitive premiums that enable women to access life cover through their super while keeping fees low.
"Through appropriate levels of cover, life insurance can provide Australians with peace of mind that their families will have financial security should the unexpected happen."
Life insurance should be tailored to meet individual needs and circumstances. West recommends speaking with a financial adviser to ensure you have the right amount of cover for your needs.
ANZ Smart Choice Super and Zurich Australia have been named Money's Best Value Death Insurance In Super - Men as part of the 2025 Life Insurance Awards.
- Find out more about the inaugural Life Insurance Awards.
- Order your copy of the April awards issue.
- Check out more winners.
Income insurance protects what is arguably your most valuable asset - and if you think it's your home or car, think again.
Unless you're retired, chances are that the ability to earn a regular income is your most financially worthwhile asset.
But while few of us would buy a car or house without immediately insuring it, surprisingly few people - some estimates put it as low as one in three working Australians - take action to insure their income against an inability to work due to illness or injury.
On the plus side, most super funds offer some level of income protection insurance for their members. However, it is not always a default product, so you may have to actively opt in.
ANZ Smart Choice Super for employers and employees, winner of this award, is issued by OnePath Custodians, which is a part of the Insignia Financial group of companies. Zurich Australia
is the insurer.
"When people think about insurance, the first thing that comes to mind is health, home or car insurance," says Jason Marler, general manager, master trust product at Insignia Financial.
"What people tend to forget about is protecting their ability to earn an income due to injury or illness. For members who want to protect their salary in the event they are unable to work temporarily, and in some cases permanently, income protection can provide peace of mind. Life cover also plays an important role, especially where the member may have financial dependents."
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