Life Insurance and TPD
Life Insurance and Total & Permanent Disability
Life insurance provides a lump sum in the event of death or the diagnosis of a terminal illness. This can be used to provide your family and those financially dependent on you vital funds to help them gain financial security. This then allows them freedom to make choices about their future in what will be the most difficult time in their lives. Total Permanent Disability, often packaged with Life Insurance, provides a lump sum payment in the event the life insured becomes totally and permanently disabled.