If you decide to take out an agreed value policy, you will need to prove your income at time of application (depending on the amount of the monthly benefit), which has the advantage of showing what you will receive if a claim is submitted, regardless of any fluctuations.
Aaron Dunn looks at some of the changes flowing from the Stronger Super reforms and how those changes will affect SMSFs. The new financial year will see the introduction of several changes stemming from the Stronger Super reforms to improve the operation and regulation of the self-managed super fund (SMSF) sector.
Should I have my insurance through super or outside super?
A short video that oulines the facts you need to be aware of regarding insurance and claims.