Your Super Insurance Might Be Failing You. Here’s a Smarter Way to Protect Your Future

WT Capital
Apr 8
1 min read

Updated: Apr 16

A recent ABC investigation has cast a spotlight on the failings of default super insurance. Many Australians are discovering—too late—that their TPD (Total and Permanent Disability) or income protection claims are being denied due to restrictive clauses, outdated terms, or simple administrative failures.

What’s Going Wrong?

Common real world TPD issues that impact everyday Australians include:

Claim denials based on unclear or outdated policy definitions
Automatic cancellations due to inactivity or insufficient balance
Insufficient coverage for real-life needs

How SMSFs Offer a Smarter Path

With an SMSF, you can:

Customise your insurance to suit your health, family, and career circumstances
Choose your own providers rather than relying on default industry fund settings
Ensure alignment between your super strategy and your personal risk protection

Don’t Let Default Settings Define Your Future

Relying on the default insurance tied to super is risky—especially if:

You’re self-employed or work part-time
You’ve changed jobs often
You assume “basic cover” means “comprehensive protection”

Taking control through an SMSF helps align your retirement and risk strategies—so your future is protected on your terms.