Death and Disability Insurance

Total and Permanent Disability Insurance (TPD)

TPD Insurance aims to provide a lump sum payment in the event that you become totally and permanently disabled. Generally, the definition of totally and permanently disabled will be the inability to perform the usual duties of the following:

  • your own occupation
  • an occupation for which you are qualified by reason of education, training or experience, or
  • any other meaningful paid or unpaid work.

A TPD claim may also be paid in the event of certain disabling conditions occurring, such as the loss of sight of two eyes or the loss of use of two limbs.
TPD is usually sold as an additional option to Term Insurance.