A bizzare question, what if I pass away??

[Rowellen]

I was getting life insurance through my super, however you become ineligible to claim a benefit when you haven't had any contributions from your employer for 12mths; it doesn't matter if you pay your own contributions, you still aren't eligible to collect. DH is in the process of seeing if he is able to get me covered under his super.

This would depend on the trust deed of the individual super funds. Every single fund will have different rules.

Sorry I don't have the answers to the OP questions. Interesting thought though. We get FTB & CCB in my name just because I filled in the forms (we are both aust). I'm not sure what DH would do if I died.

[diannescruffy]

If your DH is an Australian resident and eligible he would receive benefits.

Regards,
Dianne

[LimeSlice]

Permanent Residency status will grant him access to Parenting Payment and other benefits - like Newstart or Austudy - that NZ citizens don't have access to.

He is already eligible to collect FTB in his own right without the PR status.

[TaRhLi.]

My super fund still covers me for Life insurance (I haven't worked for 3 1/2 yrs) but after 12mths of no contributions it ceased the TPD payment. I'm fortunate that my super has enough in it to be earning more in returns than the current insurance premiums so it is still going up, plus added to the Life Insurance amount my family would be well cared for if anything happened to me.

DH on the other hand had a really low Death amount with his super so I made him adjust it as if anything happened to him I wouldn't have even had enough to cover the mortgage, plus we also made sure his TPD was going to be sufficient to cover as well, seeing he is the sole income earner.

[BrightSparkles]

i really need to look into all this more.... i have no idea about any of it I know my super fund has something with it but no idea how much or anything.