Make it a point to insure your most valuable asset – YOU. Your ability to earn is the foundation on which your life’s hopes and dreams are based on. Total and permanent disability insurance will provide you with a lump sum payment if you suffer from a serious illness or injury that leaves you totally and permanently disabled. 

Why buy TPD Insurance?

• One in every 20 Australians will suffer a disability, accidents happen when you least expect them and their effects can be fatal. 
• Only 50% of all people who incur spinal cord injury in a motor vehicle accident will receive compensation.
• Over 200,000 people suffer a critical illness, stroke or heart attack every year
• According to a 2005 Harvard University study, 62% of all bankruptcies and mortgage foreclosures are due to disability. 

TPD insurance cannot prevent an accident form happening but it can protect you from financial vulnerability. 

How much cover is required? 

The amount that you insure yourself for in case of being unable to work varies considerably with the individual. You will need to consider 

• Outstanding mortgage repayments
• Loan repayments
• Medical expenses 
• Day to Day living expenses (groceries, daycare, phone bills, etc)
• Future costs (College, retirement)  

What if home modifications (ramps etc), or home assistance (nurse) is required? All these and more factors are to be considered when deciding the amount. A Golden Touch consultant will be more than happy to help you make the right decision.

TPD Options

You will need to choose between unable to perform “own” or “any” work. If you are a professional then you might opt for own work, a Golden Touch consultant will discuss the options in detail with you.