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Total and Permanent Disability Insurance (TPD)

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Total and Permanent Disability Insurance (TPD)

Pays a lump sum if you are totally and permanently disabled and not likely to ever be able to return to work

 

This provides a lump sum in the event of a total, permanent disability through accident or illness. It is designed to provide a cash payment if you can never return to work due to a disability. Funds can  be used (for example) to clear debt, provide ongoing income, or pay for expensive medical treatment.

 

In New Zealand, one in eight people will have a stroke – it is the leading cause of major disability.
(The Stroke Foundation of New Zealand, 2007)


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