Super. We don’t often think about it.
Though did you know that your Life and TPD insurance premiums can come from your Superannuation? By taking the option of contributing extra pre-tax income to cover the cost, you are effectively paying for your premiums with money before tax.
If your marginal income tax rate is susbtantial, that is a significant saving. To see an example of how much having a look at the link below:
http://www.mcplawyerslife.com.au/wp-content/uploads/2018/02/Life-Insurance-Payment-Options.pdf