Have you thought about what would happen to you if you became totally and permanently disabled? Would you be able to meet your financial commitments and maintain your quality of life? With total and permanent disablement the day to day costs of living do not disappear and in addition you may have recovery costs, such as an expensive rehabilitation program.
Total and permanent disability insurance is available as a stand-alone product or as an option on your Life Insurance or Trauma Insurance Plan, to cover you in the event of a seriously disabling accident. A lump-sum benefit up to a maximum of $5 million is paid to the insured party in the event of them becoming totally and permanently disabled. This payment will assist you with meeting any financial shortfalls and help you to adjust to new circumstances that may arise from the disability.