Total and Permanent Disability (TPD) Cover, pays a lump sum to you in the event you can not return to work due to a total and permanent disablement. This lump sum can be used to help you:
TPD Cover is available to people aged between 17 and 59 and can be either used as a rider benefit to term life cover or as a stand alone cover.
There are two definitions available under Total and Permanent Disability (TPD) Cover:
Just imagine that you are unable to work again and earn an income to support your family. You are still alive but will need ongoing medical treatment and rehabilitation for many years to come. You may even need to modify your family home to assist with your disability. TPD cover will provide a lump sum to assist you meeting these cost and when used in conjunction with Income Protection can provide financial security for your family and you for the rest of your days.
One important benefit we ensure all our recommended insurance policies have is Guaranteed Insurability. This means that once the insurance company has accepted you as a client (you will be required to provide full disclosure of all past and present medical conditions), they can not cancel your TPD policy in the future(unless you stop paying it), due to any future medical reason. This is comfort to you knowing that if you get sick or injured your TPD insurance policy will always be there.