Total & Permanent Disability (TPD) Insurance
Financially protect yourself with EIG
What is TPD?
Total and permanent disability insurance provides a lump sum payment in the event you suffer a total and permanent disability. At EIG, we can help you find the right TPD policy tailored to your unique circumstances.
Benefits of TPD insurance
Provides income support if you can’t work due to a permanent disability.
Helps pay off loans, mortgages and other financial obligations.
Ensures your family can maintain their lifestyle without added financial strain.
Covers ongoing medical treatment, rehabilitation and necessary adjustments to your home.
Getting you the best from Australia's top life insurers
Peace of mind
Customised, comprehensive solution tailored to you
Strong insurer relationships means a better deal for you
Expert claims management in your time of need
Premium support & Personalised service
Frequently asked questions
TPD insurance provides a lump sum payment if you become totally and permanently disabled and are unable to work again in your usual occupation or any occupation for which you are suited by training, education, or experience. The policy defines what constitutes total and permanent disability, and the claim process involves medical evidence and an assessment of your condition against the policy terms.
Conditions that may qualify for a TPD claim include severe physical injuries, chronic illnesses, or mental health conditions that leave you unable to work. The specific requirements depend on the insurer and policy. Common examples include paralysis, traumatic brain injury, or advanced degenerative diseases.
It depends on the type of TPD coverage. "Own occupation" policies allow claims if you can’t work in your specific profession, even if you could work in another capacity. "Any occupation" policies require that you be unable to work in any job for which you are reasonably suited.
Many Australian superannuation funds offer TPD insurance as part of their default coverage. However, the level of coverage may vary, and the definition of total and permanent disability might differ from standalone policies. It’s important to review your superannuation statement and consider additional cover if necessary.
Premiums for TPD insurance are influenced by factors such as your age, occupation, health history, smoking status, and the level of coverage chosen. High-risk occupations or a history of medical conditions can lead to higher premiums. Choosing "own occupation" coverage also tends to cost more than "any occupation" coverage.
