tpdTotal and permanent disablement (TPD) cover provides you with a lump sum payment if you become disabled and you are unable to ever work again.

Having a financial safety net in the event of disability can help ensure that you and your family are provided for during this difficult time. While Income Protection insurance will replace a portion of your income if you are unable to work due to sickness or injury, having TPD cover will pay the much needed lump sum of money to cover medical expenses and clear debts.

Why TPD Insurance?

  • A lump sum payment to eliminate debts, pay for medical expenses or fund permanent lifestyle changes.
  • Peace of mind that your loved ones will be looked after, if you become totally and permanently disabled and unlikely to ever work again.

Why do you need advice?

Like all insurances, some exclusions, limits and conditions apply for TPD cover as well. It is very important to understand that the TPD definitions can vary across different providers. Generally speaking most providers will offer you a choice of “Any occupation” or “Own occupation” definition. Hence, choosing the right cover for you is extremely important.

At Wealth Connected Financial Solutions, we sit down with you and understand your current situation and needs.  Once we have a good understanding about you, we choose the most appropriate cover to meet those needs, choose the right definition and also assist you in calculating the appropriate level of cover.