Total & Permanent Disability Insurance (TPD)
Imagine you have spent years perfecting a skill that your livelihood relies on. Suddenly due to a permanent injury you can no longer perform this skill. What would you do? Retrain? Retire? What would this cost?
Total and Permanent Disability Cover can pay you a lump sum in the event you are permanently unable to work in your area of expertise. This payment is often used to reduce mortgage debt and used in conjunction with income protection insurance.