Search results

  1. N

    Insurance costs (life, TPD, income protection)

    Life and TPD held in personal names are not tax deductible where as holding them via superannuation (which a SMSF is) can be made with pre-tax dollars. However tax may be payable through a life policy depending on who the beneficiary is. As for TPD, the amount of taxable / tax free depends on...
  2. N

    Insurance costs (life, TPD, income protection)

    TPD with an Any Occupation also meets the SIS conditions of release. So funds will be paid to the SMSF and one will be able able to access them. Where the TPD definition is Own Occupation, it might meet the criteria to be paid out by the insurer, but fail to meet the SIS conditions of...
  3. N

    Insurance costs (life, TPD, income protection)

    I think Scott means Income Protection here.
Back
Top