TOTAL AND PERMANENT DISABILITY INSURANCE

Total and Permanent Disability (TPD) Insurance supports you ­financially if you are permanently disabled and unable to work again in any or your own occupation, because of a sickness or injury.

​

It is generally assumed that you would have the same liability, if not more, than if you were to pass away, as you may require a care giver. TPD Insurance provides a single lump sum payment allowing you to gain access to medical and rehabilitation treatments of your choice. It will also allow you to make any required modifi­cations to your home.

 

Any vs Own Occupation

‘Any’ occupation covers you if... you are unable to ever return to work in any job you are qualifi­ed, trained, or experienced in. This de­finition can be chosen for TPD held inside superannuation.

‘Own’ occupation covers you if... you are unable to ever return to your specifi­c job. This is a more comprehensive option than the ‘Any’ de­finition however is generally more expensive. This de­finition must be paid for outside superannuation.