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Insurance Terminology

Terminal Illnes Benefit

A feature of Life Insurance policies, if you are diagnosed with a terminal illness and have less than 12 months to live you can claim on your Life Insurance policy

Total and Permanent Disability Insurance (TPD)

Insurance that pays a lump sum amount in the event that you become totally and permanently disabled and cannot return to work again. 

Trauma Insurance

Insurance which covers specific medical events, see the trauma insurance section.

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