Ask Noel: Insurance inside or outside of super?

June 7 2018 - 8:00am
Ask Noel: Insurance inside or outside of super?
Ask Noel: Insurance inside or outside of super?

I notice that a lot of advisers, both independents and insurance agents recommend having one’s insurance, including income protection, within their super fund. In the case of someone paying a marginal tax rate of 49 per cent, wouldn’t self-payment, and thereby receiving a tax deduction for the income protection premium, be better?