Hi Rama,
as has been mentioned, with the TarMK farm, you are running multiple separate Publish instances all independently kept in synch by the author instance.
In front of you publish instances, you have your web server with the dispatcher module(usually in a 1 to 1 relationship with a publish instance)
In front of the web server you would have a load balancer, which redirects traffic to each publish instance based on load. If the load balancer detects a publish instance is down, it will redirect traffic to another live instance in the farm. This is the failover scenario that is mentioned in the link you gave, however the section could be more descriptive.
Automatic failover usually applies to clustered systems[0], which the TarMK farm is not.
Regards,
Opkar
[0]https://en.wikipedia.org/wiki/High-availability_cluster