Total & Permanent Disablement Cover

Total & Permanent Disablement (TPD) Insurance

TPD insurance provides a lump sum if the life insured suffers an illness or injury which totally and permanently incapacitates them from working. It is usually offered as an option on a term life policy, however it can also be offered as a stand-alone policy.

Your sum insured should be adequate to cover outstanding debts and provide an adequate lump sum to cover:

  • Your dependants’ income needs; and
  • The higher medical, rehabilitation, home/car modification and care costs associated with the insured’s permanent incapacity.

Traditionally the waiting period is six months before a claim can be assessed.

If you would like more information please contact us.