--- title: Ownership of insurance description: James Cavanough from Lantern Advisory explains how insurance premiums can be owned both inside superannuation and in your personal name. image: url(http://cdn2.hubspot.net/hubfs/595665/LA_superannuation_and_insurance_170216-1.jpg)#keepProtocol --- - [**linkedin](https://www.linkedin.com/company/lantern-advisory/) - ** Level 3, 345 Ann Street, Brisbane QLD 4000 - ** [(07) 3002 2690 ](tel:(07)%203002%202690) - ** [info@lanternadvisory.com.au](mailto:info@lanternadvisory.com.au) # INSIGHTS ## PLANNING | WEALTH | INSURANCE   # Ownership of insurance Posted by [James Cavanough](https://blog.lanternadvisory.com.au/author/james-cavanough) on 23-Mar-2016 09:00:00 ![](https://blog.lanternadvisory.com.au/hubfs/john-cavanough.jpg) Find me on: [LinkedIn](https://www.linkedin.com/pub/james-cavanough/16/978/192) - [Tweet](https://twitter.com/share) **Different ways to own your insurance premiums** Did you know that life, TPD and income protection policies can be owned personally or thorugh a superannuation fund? And that trauma insurance can be owned personally?When held within a superannuation fund, the policy is owned by the trustees usually for the benefit of the member.   When making a choice of how to own the policy you need to consider the advantages and disadvantages of each option as follows:   ![Lantern_Advisory_different_ways_to_own_your_insurance_premium](https://blog.lanternadvisory.com.au/hs-fs/hubfs/LA_ownership_of_insurance_170216.jpg?width=638&name=LA_ownership_of_insurance_170216.jpg "Lantern_Advisory_different_ways_to_own_your_insurance_premium")   James Cavanough from Lantern Advisory will help you determine which premium option is most appropriate for you. [**Click here for more information on Lantern Advisory's insurance services.**](http://www.lanternadvisory.com.au/insurance-services/) **Want more information on how your can protect your assets with the right type of insurance to suit you, your family and your business?** Instantly download the FREE Lantern Advisory Ebook "Strategic Insurance to Protect Your Wealth" by clicking the image below. We provide you with information on best practices and pitfalls to avoid as not all insurance policies are created equally. You are also welcome to contact Ian Walker or James Cavanough from Lantern Advisory on 07 3002 2690 for a free and confidential discussion regarding your personal situation. 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