Life Insurance (Death Cover) is a back up plan for your family. It provides a specified lump sum payment to your nominated beneficiary (or to your estate if no beneficiary is nominated) in the event of your death, or upon diagnosis with a terminal illness.
Most superannuation policies contain some level of life insurance cover. Some people have multiple super funds, each containing life insurance cover, and people often take out additional life insurance outside of super.
During your time of bereavement, PCM can guide you through the complex and emotional process of lodging a personal insurance claim by dealing directly with the insurers and superannuation funds to ensure every base is covered and make sure you get the maximum lump sum cover you are entitled to.