What would the financial impact be on your family if you could never work again?
If you became permanently disabled and unable to work again, it could cause devastating financial stress, when your focus should be on your rehabilitation.
Total and Permanent Disability (TPD) insurance is typically an additional benefit added to your life insurance that pays a lump sum amount if you become permanently disabled (as defined in the policy).
You can use it to:
Eliminate debt
Pay children’s education expenses
Pay for medical treatment and rehabilitation
Maintain your living expenses
Supplement lost income
This can relieve your financial stress and allow you to focus on your own wellbeing and recovery.