Approved vs Unapproved Risk Benefits

Approved risk benefits

The risk benefits your employer provides have important tax and distribution differences that most employees don’t think about until they make a claim. In these videos, Isabella Zagato and Willie Jonker explore the difference between approved and unapproved risk benefits, how each is taxed, what happens to your benefits when you die and why understanding free cover limits could make a big difference to the protection you and your family receive.

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Tax disadvantages for employees

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Tax disadvantages for employers

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Unapproved risk benefits

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Tax advantages

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