Functional Impairment pays a lump sum when you become functionally impaired due to injury or disease which limits your ability to perform normal daily activities. (even if you are still able to do your job)
Depending on the severity of the impairment you may receive a partial payment, which also means that you may claim more than once against your impairment cover.
Impairment covers protects from financial ruin due to medical bills and the cost of alterations or equipment to help you live easier with your impairment.
This is also a very good option if you are in an occupation that is excluded from normal Disability Cover.
Consider this as a way to protect your partner or family from the burden of your debt when you die or if you simply want to make sure they will survive financially when you are not there to contribute any longer.
You may also just want to leave them a nice surprise to remember you by…
Your nominated beneficiary will get a single lump sum payment equal to the Life Insurance benefit you choose.
TRIARC is an authorised financial services provider FSP45009. TRIARC insurance products underwritten by Guardrisk Life FSP76. Council of Medical Scheme
Number ORG 4040.