Total and Permanent Disability Insurance
Total & permanent disability (TPD) insurance aims to alleviate financial pressure if you suffer a serious illness or injury that leaves you totally and permanently disabled. It takes the form of a one-off lump sum that can be used to pay off debts such as the mortgage on the family home, personal credit cards, as well fund the costs of medical expenses and rehabilitation.
TPD is generally defined as either:
- You are unable to work in your usual (own) occupation, or
- You are unable to work in any occupation
The level of TPD cover you need will vary according to your lifestyle, financial commitments, and foreseeable future expenses. Revolution Financial Advisers will work with you to calculate the level of cover that’s right for you by undertaking a detailed “needs analysis” based upon your unique personal circumstances.