What is total permanent disability?
Total permanent disability insurance pays out a lump sum payment in the case that you become permanently disabled or unable to work.
Most of us can only begin to imagine the impact that a total or permanent disability would have on our lives and our lifestyle. Not to mention how our families or businesses would cope. Total permanent disability cover buys you, and your family, some time as you figure out how to cope and adjust. It can also be used to cover additional expenses that may be incurred as a result of your disability – whether that be special care and rehabilitation, replacing the income of a family member who cares for you, or changing your home to accommodate your needs.