The unfortunate crossover is that the Loss of Income insurance, which is intended to provide you with (usually) 70-75% of your income if you are temporarily (Ie not totally and permanently) prevented from earning your usual income, is allowed to be taken out as a policy with a term out to your retirement age (if you wish to pay such a premium). A lot of people have LoI insurance. I used to have it, because that policy would kick in after 30 days, and my ability to access my super in event of hardship would not kick in for 90 days, and I needed something to cover the gap. When my Insurer altered the conditions to a 90 day waiting period, I dropped it as I was paying for no additional benefit I wasn't getting through my super. I also have TPD provisions in my super, which kick in if I can no longer work ever. They are two different things.