BlueZone Financial

Taxability of Insurance

Risk Mitigation

The tax-deductibility of insurance premiums and taxation of benefit payments generally differs depending on whether the policy is held within a superannuation account or as a stand-alone non-superannuation policy. Holding cover through superannuation can hold some additional risks. For example, if you hold income protection cover solely through superannuation, you must be gainfully employed at the… Continue reading Taxability of Insurance Read More