SMSF Risk Pool
Lump sum Death and TPD insurance cover via DKN's SMSF Risk Pool is for all self managed super fund trustees and members. A real insurance solution for SMSF trustees and members.
SMSF Risk Pool is a simple to administer superannuation life insurance solution for those financial advisers and accountants that are not experienced risk writers. Suited to the needs of small to medium funds, the SMSF Risk Pool assists in easing trustee liabilities in this critical area of benefit provision.
Key Features
- Death and TPD or death only
- Easy acceptance up to $750,000
- Issued, underwritten and administered by Zurich Australia Limited
- Eligible ages between 16 and 64 (expiry age 70)
- No maximum death cover and $1.5 Million maximum TPD
- Yearly premium - 1 July renewal date
- Continuation option - subject to minimal underwriting
Benefits and remuneration at a glance
- No minimum number of clients
- Brief application/personal statement
- Competitive insurance rates
- Brokerage 20% of premium (level)
- Blood tests, medical etc, arranged by Zurich
- Administration and reporting systems via Zurich - electronic invoicing
Further information
SMSF Risk Pool
- SMSF Risk Pool Product Disclosure Statement
- SMSF Risk Pool Members Brief and Personal Statement
- Group Risk Personal Statement
Underwriting Requirements
Premium Rates
Transferring a client from Group Life Pool to SMSF Risk Pool
- SMSF Risk Pool Product Disclosure Statement
- Short Form Personal Statement (Answer questions 1,2,5b,6,7 & 8 only)
For day to day enquiries contact
Zurich Group Risk Team
Phone: 1800 139 910
Fax: 02 9995 3622
Email: riskpool.admin@zurich.com.au
SMSF Risk Pool appeals to us because it’s a retail insurance product with minimal underwriting at wholesale premiums. It’s easy for us and our accountants to use, covers off the SMSF Trustee’s liability obligation, increases our Risk Insurance revenue line, and most importantly builds business efficiencies by freeing up our administration staff.