Blog

To understand if your income protection insurance premiums are tax-deductible, you need to know if your policy is held within your super fund and the specifics of what the policy covers. If your income protection premiums are deducted from your super contributions, then they are not personally tax deductible. However, as insurers receive a 15% tax rebate due to the premiums being a deductible expense to the fund, most insurers pass on this 15% saving to you if you pay your premiums annually as a rollover. Read More

Everyone, including those who are unemployed, need life insurance to protect their loved ones. Whether you’re employed or not, you have financial responsibilities that can’t be ignored. Life insurance is one of those responsibilities – and it’s actually more important for those out of work than those in work to maintain their policy. Below we’ve answered the most common life insurance questions those who find themselves out of work have. Read More