Have you thought about what would happen to you if you became totally and permanently disabled? Would you be able to meet your financial commitments and maintain your quality of life?
In the event of suffering a permanent disability, TPD cover will pay a lump sum which can be used to extinguish your debts and provide additional funds for medical expenses.
Usually taken as an additional cover to life insurance for an additional premium. It pays a lump sum if you are totally and permanently disabled as the result of injury or sickness that will prevent you from ever being able to resume working
Other types of Personal Insurance Cover