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REI Superannuating your insurance cover You can adjust the insurance cover you have with REI Super to suit your personal circumstances. Please refer to your Product Disclosure Statement for details
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How to fill out adjusting your insurance cover

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How to fill out adjusting your insurance cover

01
Begin by reviewing your current insurance coverage. Take note of the type of insurance you have and the coverage limits.
02
Assess your insurance needs. Consider factors such as any changes in your lifestyle, assets, or financial situation that might require adjustments in your coverage.
03
Contact your insurance provider or agent. Discuss your needs and any changes you would like to make to your policy.
04
Obtain quotes for different coverage options. Compare the cost and coverage of alternative policies or adjustments that meet your needs.
05
Evaluate your budget. Consider how the adjustments will impact your premium payments and ensure that you can afford the proposed changes.
06
Make an informed decision. Select the insurance coverage that best fits your needs and budget.
07
Fill out the necessary forms or paperwork provided by your insurance provider. Provide accurate and complete information to avoid any issues in the future.
08
Review the adjusted policy. Carefully read through the policy documents to ensure that all the changes requested have been accurately reflected.
09
Keep copies of all the paperwork. Maintain a record of your adjusted insurance coverage for future reference.
10
Regularly reassess your insurance needs. It's important to periodically review and adjust your insurance coverage as your circumstances change.

Who needs adjusting your insurance cover?

01
Anyone who has insurance coverage and experiences changes in their life, financial situation, or assets may need to adjust their insurance cover.
02
Examples of individuals who may need to adjust their insurance cover include: newlyweds, new parents, homeowners, individuals who have purchased new vehicles, individuals who have recently started a business, individuals who have acquired valuable assets, individuals who have experienced changes in their income, and individuals who have undergone significant life changes such as retirement or divorce.
03
It is important to regularly review and adjust your insurance coverage to ensure that it adequately protects you and your assets.
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Adjusting your insurance cover is the process of making changes to your existing insurance policy to better suit your current needs.
The policyholder is generally required to file for adjusting their insurance cover.
To fill out adjusting your insurance cover, you will need to contact your insurance provider and inform them of the changes you wish to make.
The purpose of adjusting your insurance cover is to ensure that your policy accurately reflects your current circumstances and provides adequate coverage.
You must report any changes to your personal information, coverage limits, or any other relevant details on adjusting your insurance cover.
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