Did you know business owners who take out TPD insurance may be eligible for a range of tax concessions?
Total and Permanent Disablement Insurance
If an accident meant you couldn’t work again, how would you cope financially?
Imagine you had an accident that left you totally and permanently disabled, so you could never work again.
If that happened tomorrow, would you be okay financially? Would you have a financial plan that would take care of your medical costs, pay off your debts and provide an ongoing income for you and your family?
For everyone in business, planning for a significant crisis of this nature with total and permanent disablement (TPD) insurance is essential. Not only will it give you the peace of mind that comes from knowing you will receive financial support should you become totally and permanently disabled but it will also mean you can embrace life more fully because your family’s financial future is secure, whatever happens.
A TPD policy helps provide financial protection
With Total and Permanent Disablement (TPD) insurance your family will receive a lump sum payment to help them financially should you become terminally ill or permanently disabled.
In the event of a claim, the lump-sum payment received from your TPD policy will allow you to maintain your quality of life and better cope with the cost of rehabilitation programs and daily living expenses.
How to secure the right amount of cover
Having a financial safety net in the event of sickness, disability or death can help ensure you and your family are protected through a highly challenging time. But how much cover would you need?
Stephen Jones is an expert in all areas of insurance, and he can work with you to ensure you secure the financial cover you need and can afford so nothing is left to chance.
If you don’t wish to leave the future to chance and want to know how you can safeguard your business, your assets and your peace of mind with a risk planning strategy tailored to the specific needs of your business, call Stephen Jones today to organise a complimentary, no-obligation and strictly confidential consultation. It may turn out to be the most important meeting of your life.