Total and Permanent Disability

Total and Permanent Disability (TPD) insurance cover pays a lump sum if you become totally and permanently disabled and are unlikely to ever work again.

TPD insurance ensures you retain as much quality of life as possible. It can:

• provide funds to allow a family member to give up work to care for you or to fund other home care
   
• allow you to repay debts including a mortgage, personal loans, guarantees, credit cards or store cards
   
• pay for any major renovations to your home, such as wheelchair access
   
• This type of insurance can be set up as an attachment to Term Life cover. It can also be in or out of a superannuation plan so the cost can be tax effective if you are self-employed.