A life-changing claim for a self-employed painter
Total & Permanent Disability Insurance
Approaching age 60, and after 30 years of working as a self-employed painter, our client approached Steadfast Life to assist with a review of his current insurance portfolio.
Only two years after implementing the recommended insurances, the client suffered a serious injury at work resulting in loss of movement in one hand. Based on the comprehensive policies recommended through Steadfast Life, the client was able to make a successful claim on his Total and Permanent Disability Insurance, resulting in a benefit of more than $500k.
Quickly approaching retirement age with a limited superannuation balance, the insurance claim payment allowed the client to pay out all current liabilities and invest the remaining funds for retirement.