SMSF Income Protection
Income protection means that if you are injured or suffer an illness that prevents you from working, your income stream is protected. For an increasing number of Australians wishing to protect their family, assets and lifestyle, income protection cover is the logical option.
The law changed recently regarding tax deductibility for some income protection policies, meaning that holding income protection insurance via your self managed superannuation fund is now more attractive than ever.
Under certain circumstances, SMSF trustees can claim a tax deduction for the total cost of the income protection premium.
If losing your regular income would have a serious impact on your life, income protection insurance is an important consideration. A steady income stream reduces financial stress, allowing you to concentrate on recovering and returning to work.
Fill out the 1300 Life Insurance quote form below and we will be in touch to discuss your SMSF income protection cover needs. With many Australians chronically under-insured, now is a great time to take advantage personal insurance cover that takes the future into account.
Instant Life Insurance Quotes
If you don't want to speak with an insurance adviser, or would simply prefer the convenience of an instant Life Insurance quote, then go to:
www.1300insurance.com.au/lifeThrough our great online quote and sign-up application you can get Life Insurance cover in literally just a few minutes.
How much insurance
do you need?
When calculating your insurance coverage, make sure you take into account all of your debts, as well as ongoing lifestyle and education expenses. Proper coverage can ensure that your family will be comfortable, whatever happens.
