Insurance part II Insuring through super | Accurium

Technical article
One of the legal purposes of superannuation funds is to provide insurance benefits. Super funds in Australia generally offer insurance to cover the financial risks associated with death, permanent and temporary disability or illness.This article describes the difference types of insurance a trustee can hold in an SMSF and addresses the pros and cons of holding insurance inside vs outside of super, including the tax implications.


This information is provided by Accurium Pty Limited ABN 13 009 492 219 (Accurium). It is factual information only and is not intended to be financial product advice, legal advice or tax advice, and should not be relied upon as such. The information is general in nature and may omit detail that could be significant to your particular circumstances. The information is provided in good faith and derived from sources believed to be accurate and current at the date of publication. While all care has been taken to ensure the information is correct at the time of publishing, superannuation and tax legislation can change from time to time and Accurium is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current. We recommend that you seek appropriate professional advice before making any financial decisions.