Total Permanent Disability (TPD) insurance provides for you if you were to become permanently disabled due to accident or illness, and are unable to work.
Total Permanent Disability Insurance provides you with a lump sum payment, giving you the means to access the best medical and
rehabilitation treatments, and providing you with financial security so you can go on making the most of your life.
You
can apply if you're between 18-75 years of age
Lump
sum payment if you become permanently disabled
Cover
available up to $5M
Available to purchase via self managed super funds
A testamentary trust is commonly used by estate planning lawyers to protect the assets and inheritance of the testator’s benefciaries from creditors, family law actions and providing flexibility in relation to the distribution of the estate.
There are limits on how much you can pay into your super fund each financial year without having to pay extra tax. These limits are called ‘contribution caps’.