Total and Permanent Disability Insurance
More commonly known as TPD, total & permanent disability insurance will pay you a lump sum if you can never work again due to an injury or illness.
Just think for a moment what kind of financial situation you would be in if you could never work again? Would you still be able to generate an income? Could you pay your debts? Could you afford the necessary medical treatment? How much Total & Permanent Disability Insurance do I need?
Every situation will be different but a general guide can be to include:
- Enough to clear all debts
- At home caring costs
- Income replacement costs
- Medical costs
- Home renovation costs
- Property maintenance costs
Your Life & Risk Insurance Advisors
At McKenzie Ross Financial Services we tailor the advice to meet your individual needs. We deal with all the major life insurance companies in Australia and can find you the best deal for your current situation.
PRPIA Pty Ltd, (ABN 61 144 888 433) trading as McKenzie Ross, is an authorised representative of Charter Financial Planning Limited, Australian Financial Services Licensee 234665.