Discover the insurances available and why you may need them. What is salary continuance or life insurance and should it be linked to your super?
LGIS financial wellbeing webinars have been educating local government staff across a range of financial topics since August 2022 as part of the LGIS health and wellbeing Program. These sessions, available to all local government staff as a benefit of LGIS members, aim to help members learn about various mechanisms to cope with stress related to financial matters.
Register here: 21 February 2023 @ 11am - Financial Protection - insurance awareness and pitfall considerations
Our financial protection webinar will cover the following topics:
1. Understanding your insurance needs
- Why do I need insurance?
- What are the risks of not having enough insurance
- Benefits of insurance
2. Understanding different types of insurance
- Death
- TPD (total and permanent disability)
- Income protection / salary continuance
- Trauma
- Insurance inside super vs outside super
3. What happens to my super when I die?
4. Insurance checklist
Did you miss out on our recent financial wellbeing webinar about planning for the future?
You can now watch the recording here: Plan for your future - superannuation awareness and preparedness
The recording will be available to members to share with their staff until the 28 February 2023.
The session covered:
• Why super?
• What does retirement look like for me?
• How much do I need for retirement?
• How do I get the most from my super account while I'm working?
• How and when do I get access to super?
• How long will my money last?
NOTE – This webinar link is available for all local government staff, we encourage you to share this within your local government to ensure all staff members have access to the webinar.
For outdoor workers with limited access to emails, consider setting up a toolbox meeting to view as a group, or displaying it in the staff room as a video loop.
Look out for registration details for all future webinars, email health@lgiswa.com.au for more information.