What is lump sum insurance like Life Insurance / Death Cover, TPD and Trauma? Life insurance and income protection expert Phil Thompson from Skye Wealth joins Owen Rask on The Australian Finance Podcast to talk personal insurance in our mini series.
Topics covered:
– Life Insurance explained
– Trauma insurance explained
– TPD (Total Permanent Disability) explained
– Childs Cover explaind
– Detailed explanation of the different types of cover and the benefits.
– Different features and add-ons for lump sum insurance
– The difference between trauma and TPD and if this leads to a life claim, how does it all work together?