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.

TPD is mainly for clearing out debts.

If Income Protection is not available or can’t provide sufficient cover, TPD can be used to provide income. Please get advice from an experienced adviser.

There are two types of TPD insurance

  1. Own occupation. You will be entitled to claim should you be unable to return to your ‘own’ occupation.
  2. Any occupation. 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 claim than Any occupation TPD.