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Including life and permanent disability insurance cover in a superannuation fund provides members the potential financial advantages of: a. lower premiums due to the greater
Including life and permanent disability insurance cover in a superannuation fund provides members the potential financial advantages of:
a. | lower premiums due to the greater bargaining power of the fund | |
b. | taxation benefits arising from the effective deductibility of contributions and relatively low tax payable on claims | |
c. | a young person in good health contributing to their insurance premiums on a pooled basis | |
d. | Both a) and b) |
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