What is a buy back option?

HomeLearning CentreVideos & Webinars

What is a buy back option?

A life insurance buy-back option is usually available to policies that are bundled with either TPD or Trauma insurance.

This is a common structure for life insurance policies as it lowers the cost of having separate insurances. It does mean however, that if you make a trauma or TPD claim, your life insurance benefit is reduced by the amount of that claim.

This is why insurers offer a buy back option.

17 Mar

What is an Estate Briefing Paper?

Having an Estate Briefing Paper prepared by strategic tax advisors means that we can guide the structure of your Estate Plan to ensure your assets will be managed and transferred to your beneficiaries in the most financially efficient and tax effective way.


READ MORE READ MORE
16 Feb

Protection For Every Stage Of Life


READ MORE READ MORE
19 Jan

Divorce & Relationship Breakdowns

The tax impacts you need to know with divorce and relationship breakdowns including some of the areas that may impact you and where you may need assistance for your SMSF, Trusts and Estate Planning.


READ MORE READ MORE
6 Dec '20

How much insurance cover do I need?


READ MORE READ MORE
30 Nov '20

Investing in Commercial Property


READ MORE READ MORE
25 Nov '20

SMSF - Is It The Right Investment Strategy For You?


READ MORE READ MORE