Total and Permanent Disability

Total and Permanent Disability insurance provides you with a lump sum benefit in the event that you suffer total and permanent disablement, rendering you unable to earn an income.
The payment can be used to pay ongoing medical expenses, make necessary home modifications, or to hire home care services such as nursing, cleaning and cooking.

If you are between 17 and 59 you can apply for Total and Permanent Disability insurance, either as part of a term life insurance policy, or as separate coverage. There are two types of total and permanent disability insurance, one which covers any occupation and the other which is called own occupation and vary in their definitions of what ‘totally and permanently disabled’ means.

Any Occupation

If you are gainfully employed when the disability begins, ‘unable to work’ under the any occupation definition means that you are unable to work in your usual occupation or any other occupation which you are reasonably suited to by way of education, experience or training.

Own Occupation

If you are gainfully employed when the disability begins, ‘unable to work’ under the own occupation definition means that you are unable to work in your own occupation and not be working in any occupation for a continuous period for at least six months.

More than 60% of Australians will be disabled for more than one month during their working life and more than 25% will be disabled for more than three months.

We can help you find the right insurance solution for you so you can be financially prepared for the unexpected. If you would like further information or would like to arrange an appointment with a risk specialist please contact us.