Disability Insurance

TPD Cover will provide you with a lump sum benefit in the event of total and permanent disability as a result of sickness or injury.

The benefit payment could be used to pay off your mortgage and other outstanding debts, cover the costs associated with a long term disability such as full time care or modifications to your home or cover the shortfall of income protection cover which generally only allows you to protect up to 75% of your income.

Consider this…

You have recently started work after many years of study. You have purchased a home and have a $400,000 mortgage.

Then…you have a serious accident and suffer permanent injuries to your back which means you are unlikely to
ever be able to work again.

How would you meet your mortgage repayments and daily living expenses? Do you have access to capital to modify your home if needed and cover the expense of rehabilitation?

How would you cope financially?