It provides financial support if you can’t earn an income again, helping cover medical bills, repay debts, and protect your family’s future.

Depends on your income, debts, lifestyle, and how much your family would need if you couldn’t work.

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.

Yes. Many people hold both to create broader protection for themselves and their families.

Insurers check if your condition meets the “total and permanent disability” definition, usually based on your ability to ever return to work.

Once approved, the lump sum is paid directly to you, giving flexibility to use it as needed.