Total & Permanent Disability (TPD)
What is TPD insurance and how does it work?
Total Permanent Disability (TPD) insurance provides cover if you were to become totally and permanently disabled due to illness or injury and subsequently unable to work.
TPD insurance provides you with a lump sum payment, giving you the finances to access medical and rehabilitation treatment.
What TPD insurance covers?
Each insurer has a different definition of what it means to be totally and permanently disabled. It can cover you for either:
- Your own occupation — you’re unable to work again in the job you were working in before your disability. This cover is more expensive and is usually only available outside super.
- Any occupation — you’re unable to ever work again in any job suited to your education, training, or experience. This cover is cheaper but has a higher threshold to claim.
