Total & Permanent Disability Cover.
Protection for when you can no longer work.
TPD provides a lump sum benefit amount should you become totally and permanently disabled as a result of sickness or injury to the extent that you are unlikely to ever be able to work again.
A lump sum paid out under a TPD policy can be used to pay off your mortgage and other debts, cover ongoing expenses associated with a serious disability such as fulltime care, rehabilitation and other medical costs, pay for home modifications or invested to provide for a income stream.
Having sufficient cover in place should such an event occur provides you with peace of mind knowing that your financial future has been secured when you can no longer work.