Total Tax Solutions is able to provide you with all your insurance needs. The following types of insurances are available to our clients:   Life Insurance This type of insurance provides a lump sum payment to a beneficiary, third party or an estate in event of your death. It would also be normal for all or part of the benefit to be paid should you be diagnosed as terminally ill.   Total & Permanent Disablement Insurance This type of insurance provides a lump sum payment if you become Totally & Permanently Disabled. The meaning of Total & Permanent Disability is defined in each policy document. Some occupations have an option as to which meaning of Total & Permanent Disability can be insured. The benefit is normally provided as an advance payment of a death benefit or on a stand-alone basis.   Trauma Insurance This type of insurance provides a lump sum payment in the event of you being diagnosed with one of a specified range of critical illness or injuries. The list of conditions covered is often optional and varies between companies as do the definitions of those conditions. The benefit can be provided as either an advance payment of a death benefit or on a stand-alone basis.   Income Protection This type of insurance provides you with a regular source of income should you be unable to work for a period due to sickness or injury. You can generally insure for up to 75% of your normal income and there are a number of options available relating to waiting periods and benefit periods.   Business Succession Insurance This type of insurance can cover your business for the costs associated with the departure of a co-owner.