Total and Permanent Disability (TPD) Insurance

TPD cover provides a lump sum payment if you become disabled and subsequently are unable to work again.

TPD plans will also provide payment for other seriously disabling situations; each insurer will have their own definitions so it is important to check these in detail.

TPD premiums will be calculated largely by the amount of cover you require, your medical history, lifestyle choices (i.e. smoking), risk factors such as your occupation, and statistical data that exists about life expectancy, age and gender.