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TPD Insurance - Total and Permanent Disability Insurance Inside Super

total & permanent disability insurance

Total and Permanent Disability Insurance With Your Super

14 Oct 12 / Posted by: Kayla

Total and Permanent Disability (TPD) cover provides a lump sum (some companies provide instalments) in the case of you being unable to return to work due to permanent disablement or illness.

Whilst life insurance pays on a person passing away, what happens if you do not pass away but you can never work again?

How will you pay for your mortgage, medical bills, rehabilitation and family expenses?

What is meant by TPD?

If you are going to take out TPD insurance you need to be careful about the definition that you are under with the insurance company. Most of the big insurers have 4 different definitions and this will impact your premiums that you pay. Not all definitions will pay out the money when you make a claim depending on... http://insurance-a.ucoz.com/news/total/2013-06-30-4008