What is total permanent disability?

Well, it is exactly what it says: total permanent disability. You’re not recovering from this one, but you haven’t died. So a total permanent disability benefit pays a lump sum.

When you are unable to go back to work in your usual occupation. Now when you think about it, if you lose your ability to work in your normal occupation a whole raft of things are going to change. However, some things won’t change, your responsibilities to:

 Family
 Mortgages
 Hire purchase
 Car payments

You name it! You’ve got those responsibilities.

They don’t care whether you’re totally and permanently disabled. So a total permanent disability benefit added to your life insurance will ensure there’s a lump sum of money available in the event when you are never going back to work.

So it is very important that you consider this when you’re looking at your life assurance. So again, click on the link below, make an appointment, discuss it with me and see if it is something that should be added to your insurance:

https://calendly.com/philsowman/phone-call

Have a good day.