Life doesn’t always turn out the way we plan. Illness and accidents happen more often than you might think – leaving you unable to earn a living. But thinking ahead can help, by taking simple action now can save a lot of pain later.
Total and Permanent Disablement Insurance covers serious and permanent disablement if you are unable to work again. TPD is a lump sum payment paid to yourself and is used to clear out debts, provide funds for medical costs and annual income streams to ensure you maintain the same quality of lifestyle
How would you, your family or your business cope if you could no longer earn an income? Could you manage financially and still do the right thing by the ones you love if you needed permanent care?
Australians suffer around 60,000 strokes per year or roughly one stroke every 10 minutes. Stroke Foundation (2011) Facts, Figures and Statistics, www.strokefoundation.com.au/facts-figures-and-stats, viewed 12 March 2012