Insurance in your superannuation policy

The removal of Reasonable Benefits Limits (RBL) on 1 July 2007 removes the restriction on the amount of life and Total Permanent Disability (TPD) insurance you can get inside super.

Insurance in super is also a good way to protect your life cover and improve your cash flow.

By putting your insurance in your super you:
  1. Won't miss payments on your life insurance policy, risking cancelation of of your policy;
  2. Don't have to worry about where the payment is going to come from - it is debited against your super account.

If you want to get more information on protecting your income and assets with life/risk insurance, contact Christian at our office now on (07) 3208 3888 or complete the above online enquiry form. Christian has the GENUINE expertise, accreditation and experience to look after all your super and risk insurance requirements.

By D Fong
Partner My Tax Zone

Copyright 2014. My Tax Zone.