Life insurance is often seen as an extra drain on monthly outgoings, but it doesn’t need to be. There are a number of options available that mean it is possible to have the right level of cover that does not impact directly on your cash flow.
It is now possible for the vast majority of Australians to have their life cover owned by a super fund. This form of ownership means the premiums are treated as a contribution.
This topic is complex and crucial to ensuring that your cover is structured correctly for your situation. It is important that advice is sought so as to fully understand the most effective option for you as an individual.