Life Insurance in your SMSF

Congratulations! You are the Trustee of your own Self Managed Super Fund – SMSF. There are a lot of various roles and tasks that are required to be done while running your SMSF.

One question – “Is your life insurance paid for by your SMSF?” This is one area that is often missed when running a SMSF. Having your SMSF pay for your life insurance gives you another tax deduction as well as minimizing your personal cash flow.

If you have cover in place already, all that needs to happen is a change of ownership over to the SMSF. This is something we are very familiar with and can do on your behalf. For new life insurance we can help reduce the time needed to apply for life insurance by doing the application over the phone directly into the insurer’s electronic underwriting system.

Call us today on 1300 52 81 21 to get your SMSF life insurance in place.