Life Insurance Blog

TPD Insurance: Occupation Definitions

Total and Permanent Disability, also knows as TPD Insurance, will pay you a lump sum benefit payment if you are diagnosed as never being able to work again. However, predicting the future is not an exact science, especially in the case of someone's health. Opinions often differ, wich makes deciding the outcome of a TPD claim a difficult and often drawn out exercise. Life Insurance is a legal a...

What is Total and Permanent Disability (TPD) Insurance?

Total & Permanent Disability (TPD) Insurance provides a lump sum payment if you become totally & permanently disabled due to an unexpected accident or illness. According to an Australian Bureau of Statistics 2010 report on disability, 1 in 5 Australian's aged between 15 and 65 suffer from a profound or severe disability. What stops if you stop? Unfortunately, when an accident or illness t...