Life & Total Disability Insurance is the simplest and most economical way of providing peace of mind and financial security for your family

TOWER's Accelerated Protection Life Plan provides a lump sum payment in the event of your death, ensuring peace of mind and financial security for your loved ones. The Life Plan also gives you the option to add other important protection to this cover, including Total and Permanent Disability and the Critical Illness Benefit. These benefits are explained further in the following pages:

·         Life Plan Benefit – You can choose cover up to $2,500,000 lump sum payment if you die

·         Terminal Illness Benefit – Early payment of the Life Plan Benefit if you are diagnosed with a terminal illness (likely to result in death within 12 months)

·         Advanced Payment Benefit – On receipt of your death certificate we will pay a $10,000 advance payment on the Life Plan Benefit to cover immediate costs like funeral expenses and outstanding bills

·         Financial Planning Benefit – Tower will reimburse up to $1,000 towards the costs of a financial plan prepared by a financial advisor within 12 months of the date your claim is finalised so you can be sure your benefits are being managed effectively

·         Guaranteed Future Insurability Benefit – We make it easy for you to increase your cover when you take a significant step in life, such as getting married, having a child, or buying a house

·         Total & Permanent Disability (TPD) Benefit (optional) – Provides a lump sum benefit, paid out upon total and permanent disability

·         Critical Illness Benefit (optional) – Provides a lump sum payment for a range of conditions listed in the Product Disclosure Statement such as cancer or heart attack to assist with recovery and associated expenses