Compare Total and Permanent Disability | TPD Insurance Comparison

Compare Total and Permanent Disability Insurance | TPD Insurance Comparison

Total and Permanent Disability | TPD Insurance disability income insurance provides coverage in the case you are TOTALLY and PERMANENTLY disabled. It is a lump sum payment upon medical determination that you can never work again because of your disabilities. This is whether the disability is caused by illness or accident. Note that the disability has to be deemed to be ‘TOTAL’ AND ‘PERMANENT’.

Total and permanent disability insurance or TPD Cover is available as a stand-alone product or as an optional addition to your Life Insurance or Trauma Insurance Plan, to cover you in the event of a permanently disabling accident. TPD Cover provides a lump-sum benefit up to a maximum of $5 million is paid to the insured party in the event of them becoming totally and permanently disabled. This payment will assist with meeting any financial shortfalls and help to adjust to new circumstances that may arise from the disability.

Table: Compare Total and Permanent Disability | TPD Insurance

In Australia there are four types of total and permanent disability insurance available. These include:

  • Any occupation – this is where the insured is unlikely to work for the rest of their life, in their profession, business or similar occupation for which they have education, training and experience.
  • Own occupation – this is where the insured is unlikely to ever work for the rest of their life, in their own occupation.
  • Home duties – where the insured is unable to engage in any normal domestic duties for a continuous period of at least three months. This type of TPD insurance generally goes through more processing where medical evidence is more closely considered to identify the level of incapacity.
  • Modified – where the insured is permanently and totally unable to perform without physical help from someone else or suffers cognitive impairment requiring constant supervision and has been disabled for 3 preceding months and will continue to be disabled for the rest of their life.
Policy“A”“B”“C”“D”
Does the policy include “own occupation” definition or “any occupation” definition?    
… one or other, not both?YESYESNONO
… own occupation only?NONOYESNO
… any occupation only?NONONOYES

TPD Insurance, Disability Income Insurance or TPD Cover is 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.

Confused? We Can Help!

If you don’t know which of the above would be best for you, don’t be concerned. That’s where we can help. We can help you compare total and permanent disability | TPD insurance policies and find the best policy for your situation. This is why we recommend using an insurance broker such as ourselves to help you compare total and permanent disability | TPD insurance policies. This is important as, as you can see from the above, not all Australian Total and Permanent Disability | TPD Insurance Policy covers are the same. It is wise to obtain a Salary Insurance or an Total and Permanent Disability | TPD Insurance comparison for this reason. We are total and permanent disability | TPD insurance providers and can help you find the cheapest total and permanent disability | TPD insurance for your personal total and permanent disability | TPD insurance particular situation.

Total and Permanent Disability | TPD Insurance Comparison Quotes & Inquiries

If you are looking for an Australian total and permanent disability | TPD insurance comparison, personal total and permanent disability | TPD insurance or want the best total and permanent disability | TPD insurance or cheap total and permanent disability | TPD insurance for your situation or life and total and permanent disability | TPD insurance or just wish to submit an online total and permanent disability | TPD insurance quote request, go to the total and permanent disability | TPD insurance request quotation page.

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