Total and Permanent Disability (TPD) Insurance is paid as a lump sum in the event that you become totally and permanently incapacitated through injury or illness.

Who needs TPD insurance?

A TPD policy is appropriate for employees and self-employed persons who would never be able to return to the workforce upon suffering total disablement and would benefit from financial relief. This is also appropriate for people involved in Home Duties who are ineligible for Income Protection Insurance.

How much TPD insurance should you have?

As a minimum, the amount should be sufficient to pay your mortgage and any other outstanding debts. There should also be allowances for further funds to provide for any home modification requirements (such as wheelchair access).

TPD Insurance is usually associated with Term Life Insurance or Trauma Insurance.

For more information or an appointment, call us on (08) 8132 9288 for S.A, or (02) 6286 0517 for A.C.T, or send us an email.

Please note the above overview of a personal insurance policy is intended to form the basis of further discussions with a qualified risk insurance professional, and should be therefore considered to be of a general nature only. The information provided above should not therefore be in any way considered to be advice of a personal nature. 

Eastwoods Wealth Management Pty Ltd and its representatives cannot be held liable for any damages or losses that may eventuate as a result of you personally acting on any of the general information presented above.

Prior to proceeding with any form of life and/or disability insurance, we recommend as a matter of best practice, that you first seek professional financial advice in order to determine the appropriateness of this insurance in relation to your personal and financial situation. 

Eastwoods Wealth Management Pty Ltd representatives are duly authorised to provide you with personal financial advice in this regard.