Total & Permanent Disability
Or to put it another way ‘Financial Death’ – 40% of New Zealanders will suffer some sort of disability or long term illness before they reach age 65. If the disability is serious then Lump sum funds are required to:
- Pay off or contribute to the mortgage repayment
- Pay other debts
- Safeguarding your family’s future.
- Provide a full time caregiver.
- Make modifications to the family home or vehicle.
- Meet ongoing costs of medical treatment