TPD Insurance

Total and Permanent Disablement (TPD) can prevent you from working and require expensive medical treatment and ongoing care. TPD insurance aims to provide a lump sum if you suffer an illness or injury and you:
• Are permanently unable to work again,
• Are unable to care for yourself independently, or
• Suffer significant and permanent cognitive impairment.

TPD insurance payments can be used to pay for medical expenses, ongoing care costs and to meet living expenses for you and your family. The definition of TPD can vary and include option for a range of occupations, including homemakers.

Any occupation TPD:
The benefit will be paid if you are unlikely to be gainfully employed in any business, profession or occupation for which you are reasonably suited buy your education, training or experience. This definition is generally less expensive than an Own Occupation definition but for some people, it may be harder to meet.

Own Occupation TPD:
The benefit will be paid if you are unlikely to ever be gainfully employed in your own occupation. Own occupation TPD is specific to your occupation and is particularly suitable for specialist occupations. The premiums are more expensive than Any Occupation TPD.