The Australian Taxation Office is allocating resources to investigate whether the tax deductibility of income protection insurance premiums is being claimed appropriately. Click here to read more. Of specific concern is the constant addition of non-income-related benefits (such as death benefits, and lump sums for specific conditions) which should not be tax deductible are growing to the point that they will need to be excluded. At which point companies may be faced with a choice between offering 'pure' income protection policies, with few add-ons, and continuing down the current track. If you like the idea of clients taking advice on each of the main risk protection benefits and constructing a complete plan you may like the idea of 'pure' IP contracts too, it could help remove double-ups and confusion.