Over 2 million Australians are of working age with a disability. Of these 59% are permanently unable to work. Hence the need for TPD insurance.
A permanent disability can place enormous strain on a family’s financial position. Not only can you be left without an income, but there are often additional and perhaps unexpected costs that come with being disabled, some of which can remain for a number of years.
Easdowns has written this short guide for you about TPD insurance if you find yourself planning for the future.
While this guide may offer an excellent overview of what TPD insurance is, it is only meant to be an introduction and should not be substituted for an actual consultation. To ensure you and your family’s financial future are protected, speak to us about the cover options available.
The information and any advice downloaded from this website does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it. It is important that your personal circumstances are taken into account before making any financial decision and we recommend you seek detailed and specific advice from one of our suitably qualified advisers before acting on any information or advice in this publication. Any taxation position described in this publication is general and should only be used as a guide. It does not constitute tax advice and is based on current laws and our interpretation. You should consult a registered tax agent for specific tax advice on your circumstances.