Total and Permanent Disability (TPD) Insurance

TPD insurance covers you in the event you’re totally and permanently disabled and unable to work due to illness or injury. In the event this occurs, you will receive a lump sum payment.

The TPD lump sum payment can be paid to yourself and used to clear out debts, provide funds for medical costs and annual income streams to ensure you maintain the same quality of lifestyle. It is generally paid when you have been advised by a medical specialist that you will never work again.