O'Reilly logo

Securing Your Superannuation Future: How to Start and Run a Self Managed Super Fund by Daryl Dixon

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 8: Insurance in your SMSF

Personal insurance can form one of the most important aspects of your overall financial plan. It can protect one of your greatest assets — your ability to earn an income — and prevent you from having to draw on your accumulated savings if an unfortunate event occurs.

If you decide it’s appropriate to hold insurance inside the super environment, your SMSF will give you the most flexibility to obtain the cover you need.

Types of personal insurance you should consider

There are numerous types of personal insurance cover you can hold. The four main types that can be held within your self managed fund are:

• life

• total and permanent disability (TPD)

• income protection

• trauma.

Life insurance provides cover ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required