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DEATH BENEFITS TAX DEPENDENT BENEFICIARIES
In the event of your death, the policy proceeds will be paid into your superannuation account. The proceeds together with your accumulated super balance will then be paid tax-free to your nominated beneficiary(ies) whether directly or via the estate.
Alternatively your beneficiary(ies) could choose to have some or all of your benefits paid as a tax-effective pension if that is their preference and they are eligible to do so at that time.