Death, income protection & tpd insurance premiums tax deductible?

 Author: NikkiATO(Community Moderator)Community Moderator

21 May 2025

Hi @Adam95,

And thanks for your advice here @MPrivate! Let’s just add a little more detail to help.

You (the individual) usually can’t claim a deduction for premiums paid through your super fund – even for income protection. This is because the super fund claims the deduction, not you.

This includes death, TPD (total and permanent disability), and income protection insurance held inside super. These premiums are usually paid from your super contributions and aren’t considered personal expenses.

Income protection insurance can be tax deductible – but only if you pay for it yourself.

If you pay it yourself, you can claim the part of the premium that relates to replacing your income (e.g. salary or wages). You can’t claim for policies that pay a lump sum for injury, TPD, or death.

Check out our page on expenses you can claim for info on what may be deductible for super funds.

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