There is no set rule for estimating your Total and Permanent Disability Insurance needs. Here you should bear in mind that this type of cover is usually an inexpensive add on to Life Insurance and for that reason may automatically be set at the same amount. Nevertheless, you should consider how much insurance you would need to maintain your lifestyle if you became disabled.
About Jack R Hobbs - Principal Financial Adviser
Hi. Thank you for visiting Monash Talks. For more than forty years I have worked in financial advice to help people prepare for the potential speedbumps in life. I can help you obtain financial peace of mind through insuring against potential risks. Let's talk - Regards Jack.