Total & Permanent Disability
Total & Permanent Disability
What is TPD insurance?
TPD insurance provides a lump sum if illness or injury leaves you permanently unable to work. This payout can help cover medical costs, repay debts, and support your family’s living expenses.
Why it matters
Life can change suddenly. If you can no longer work due to disability, TPD insurance gives you and your family financial security, helping maintain your lifestyle and cover essential costs.
Key benefits
Financial security: Receive a lump sum if you can’t work again.
Debt protection: Pay off your mortgage, loans, or other debts.
Everyday expenses: Cover bills, school fees, and medical costs.
Flexibility: Use the payout for medical care, long-term planning,
FAQ's
Why do I need TPD cover?
It provides financial support if you can’t earn an income again, helping cover medical bills, repay debts, and protect your family’s future.
How much cover do I need?
Depends on your income, debts, lifestyle, and how much your family would need if you couldn’t work.
Is TPD insurance the same as life insurance?
No. Life insurance pays a lump sum if you die or are diagnosed with a terminal illness. TPD cover pays out if you become permanently disabled and unable to work.
Can I have both life and TPD insurance?
Yes. Many people hold both to create broader protection for themselves and their families.
How are TPD claims assessed?
Insurers check if your condition meets the “total and permanent disability” definition, usually based on your ability to ever return to work.
When is a TPD claim paid?
Once approved, the lump sum is paid directly to you, giving flexibility to use it as needed.
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