Is it wise to have Life Insurance Premiums deducted from my superannuation contributions?

Question

My super provider has sent me a form stating if i do not respond they will automatically deduct life insurance premiums. I have a term life policy already but am wondering if reducing my super premiums by $43 per month is a wise move.

Answer 1

You may try to google it,here has some direct resource that might be helpful.http://lifeinsurance.online-helpers.info...

Answer 2

Speak with your local agent.

Generally and maybe not in your case, it is a good idea to have deposits deducted.  No missing of a payment, usually.

I am not licensed in your state, so I cannot legally offer secured advice.  (That is, if I am incorrect, you could sue me.)