What is TPD Insurance? 
Total and Permanent Disability (TPD) insurance provides a lump sum payment if you are unable to work totally and permanently due to illness or injury.
There are two types of TPD insurance policy.
Own occupation TPD is easier to make claim than Any occupation TPD.
Most TPD insurance policies inside Super fund are Any occupation TPD.
Total and Permanent Disability (TPD) insurance provides a lump sum payment if you are unable to work totally and permanently due to illness or injury.
There are two types of TPD insurance policy.
- Own occupation TPD. You will be entitled to claim should you be unable to return to your 'own' occupation.
- Any occupation TPD. You will only be entitled to claim should you be unable to return to 'any' occupation you are reasonably suited to by education, training or experience.
Own occupation TPD is easier to make claim than Any occupation TPD.
Most TPD insurance policies inside Super fund are Any occupation TPD.