Unexpected accidents can and do happen. Total and permanent disability insurance can protect you and your family. Read more online today.
Though we often take it for granted, our health is one of the most important things in our lives. It helps us perform the little things, from walking down the road to the shops to reaching up for a cup in the cupboard. It also helps us find fulfilment in our lives, whether it’s going camping or attending the latest museum exhibit.
Imagine if this changed – if you suffered a life-altering accident or a deterioration in your health that prevented you from performing tasks both big and small.
Thousands of Australians are in this position, where their once-able body has let them down or they’ve been hurt in accident at work, at home or on the road.
Being diagnosed with a disability can be devastating. But the aftermath – being unable to work and earn an income – can add even more stress to what would be one of the most trying experiences of your life.
Australians living with disability
In 2012, there were over 2.2 million Australians between the ages of 15 and 64 with a disability. Of these, 47.3% were not in the workforce nor looking for work.
A staggering one-third of these people reported that their permanent disability was their main reason for not being in the workforce.
A shocking number of Australians of working age are impacted by an unexpected disability. For example, more than three-quarters of Australians living with an acquired brain injury are under the age of 65.
Disability can have a devastating effect on your life. For some, disability can lead to an increase in homelessness, poverty and severe financial hardship.
What is total and permanent disability insurance?
How would you protect you and your family’s lifestyle if you suffered a serious injury or illness and became unable to work?
Total and Permanent Disability (TPD) Cover is a form of life insurance that can be added to your Budget Direct Life Cover policy.
TPD Cover can provide you with a lump-sum payout of up to $1 million if you become sick or injured and permanently unable to work in any occupation.
What if I don’t work?
Even if you don’t receive a regular income, your time and efforts at home are still highly valuable to your family.
If you were off your feet, who would do the cooking, cleaning, child care, chauffeuring and the 1000 other tasks that fill your day?
TPD Cover is available for homemakers to ensure your family is looked after and you can get in the extra help if you are unable to work.
For more information about Budget Direct’s TPD Cover, visit our website today