Why this cover?
Most people use Total and Permanent Insurance for:
- Paying for their spouse or another family member to take time off work which allows them to provide extra help and support
- Making lifestyle changes e.g. where they live, modifying their home, clearing debt such as credit card, personal loans, mortgage
- Paying for additional costs such as travelling to medical appointments or additional childcare
- Paying off the mortgage or other debt
- Putting towards everyday living expenses as their income often reduces
Benefits
Key Benefits of Total and Permanent Disability Cover Insurance
- A lump sum to help cover costs such as medical treatments, employing a caregiver or ongoing household expenses.
- Access up to certain amount to help modify your home or vehicle, or buy specialist medical equipment to help adjust to your new circumstances.
- Grief support payment to help with the cost of professional grief support during the grieving process.
- Financial planning payment for your family to receive professional advice from an approved financial planner. This helps your family decide the best way to use the money they will receive.