TOTAL AND PERMANENT DISABILITY INSURANCE TECHNICAL

TOTAL AND PERMANENT DISABILITY INSURANCE PAYS YOU A LUMP SUM OF MONEY IF YOU CAN NEVER WORK AGAIN, THE CLAIMS ARE ALL ABOUT YOUR ABILITY TO WORK OR FUNCTION AND THEY ARE NOT JUST ABOUT THE DIAGNOSIS OF A CONDITION.

THERE ARE DIFFERENT POLICY WORDING AND PRICING ACCORDINGLY, REMEMBER YOU GET WHAT YOU PAY FOR.

• THE BEST: OWN OCCUPATION DEFINITION. BASED ON THE DUTIES OF YOUR OWN OCCUPATION BEFORE THE CLAIM
• SECOND BEST: ANY OCCUPATION DEFINITION. BASED ON THE DUTIES OF ANY OCCUPATION YOU CAN PERFORM WITH YOUR EDUCATION TRAINING AND EXPERIENCE. 
• LAST: MODIFIED DEFINITION, BASED ON THE ACTIVITIES OF DAILY LIVING, THIS MEANS IN SHORT UNABLE TO LOOK AFTER YOURSELF, BATH, DRESS, FEED, ETC.

POLICY OWNERSHIP

AS WITH LIFE INSURANCE POLICY OWNERSHIP PLAYS A BIG PART IN CLAIM, THERE ARE ISSUES TO CONSIDER WITH HOW THE MONEY IS PAID TO YOU.

LEVEL OR STEPPED PREMIUMS