Calculating Level of Insurance for SMSF Members

/Calculating Level of Insurance for SMSF Members
Calculating Level of Insurance for SMSF Members2018-11-07T06:35:44+00:00

Calculating Level of Insurance for SMSF Members

The amount of insurance a person needs is based on two main components. The first amount should pay off any loans of the deceased and their family. The second is the lump sum required to ensure that sufficient income is produced for the dependents of the deceased.