Do you have an inactive super account? Please don't ignore this!

Act now to stay covered.

The Federal government has recently introduced changes in legislation so that ALL superannuation policy holders who have not made a contribution into their super fund in the past 16 months will be required to ‘OPT-IN’ to keep their existing insurance in place by the 1st July 2019.

There is a massive level of under insurance in Australia and the only reason that many people have any insurance at all is because they have some cover held inside super fund.

Your super fund is required to send you a letter explaining your options and how to Opt-In. This may be difficult if you have moved address or your fund does not have your up to date contact details on file...It is therefore CRITICAL that you make sure you act on this now. Ignoring it could cost you more than you think.

For several years, Investment Zone has been advising people on their insurance protection and assisted people with insurance claims through our claim service that all would have been caught up with this new legislation and not been in place when the cover was needed.

This would be a disaster if it happened to you!

Another risk of new legislation and losing your cover is the potential inability to obtain new cover in the future if you have existing medical conditions. You could end up with exclusions or increased premiums as a result.

Examples of some things that might impact obtaining a new policy are:

✗ Overweight (BMI increased)

✗ Visited a Chiropractor / Physio for sore neck, back alignment or other minor examination

✗ Seen a Doctor or Psychologist for stress, depression, fatigue or anxiety

✗ High cholesterol / blood pressure

✗ Pain / surgery in / on any joint or bone

✗ Seen Doctor for anything other than a cold or flu

✗ Family history of hereditary disease

In our experience, nearly every client that we advise on insurance has one or more of the issues listed above which is currently covered by their existing insurance - but could be excluded, loaded or declined if applying for new cover in future...

Please act now

We are able to help and liaise with your super fund if you are too busy or unsure what needs to be done. And if you are not sure or need some advice around your insurance (maybe this has prompted you to revisit you cover and/or get clear on exactly what you have and what you are paying for...), just contact the office at or hit this link and schedule a quick meeting with me as soon as possible to get it sorted and in place.

Either way, just make sure you act before the deadline or you might 'live to regret it'!

If you have any questions in relation to these measures and their potential impact on you, please speak to us so we can look at your current personal circumstances and assess how you will be affected. You can reach us anytime on 07 3396 8518 or


The information in this communication has been prepared on a general advice basis only. The advice has been prepared without taking account of your specific objectives, financial situation or needs. Accordingly, you should, before acting on the advice, consider the appropriateness of the advice having regard to your objectives, financial situation, and needs. In cases where the advice relates to the acquisition, or possible acquisition, of a particular financial product, you should obtain a Product Disclosure Statement (or other relevant information statements) and consider such document before you make any decision about whether or not to acquire the product. For these reasons, it is imperative that you seek advice from your financial adviser before making any investment decisions. Investment Zone Pty Ltd (ABN 18 104 622 611) provides financial services as a Corporate Authorised Representative no. 296974 of Financial Force Pty Ltd ABN 42 091 425 464, AFSL no. 238337

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