SMSFs and life insurance
Q: I am a self-employed businessman with my own DIY super fund. I would like to know if I can arrange insurance(s), for example, death, etc through my fund with the premiums paid from the fund? Could you recommend any companies that may supply these services?
SMSF: If I die young, will my wife pay super tax on the life insurance payout?
Q: I have a life insurance policy owned by my self-managed super fund (SMSF) of approx $2 million. Currently there is only about $80,000 accumulated in the fund. I am 40 years old. If I die tomorrow is my wife able access an income stream from the fund tax-free?
Four reasons to buy insurance via your super fund
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Are you a former Ansett worker? Expect long-awaited super benefits
Remember Ansett Australia airlines? The airline company collapsed on 12 September 2001, the day after terrorists flew planes into the twin towers of the New York World Trade Centre. The two events however were not related.
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