Total & Permanent Disability (TPD) insurance explained

TPD Insurance provides you with a lump sum payment in the event of total and permanent disability. It can be used to help cover rehabilitation costs, home modifications, repayment of debts such as your mortgage and the future cost of living for you and your family. Payments are not usually made until the disability has been evident for six months, and the insurer deems that you are unlikely to work again based on the definitions of your particular policy.

What options do I have?

Definition of occupation permit both an 'any occupation' and 'own occupation'; definitions:

  • Any occupation definition: you are able to make a TPD claim if you are permanently disabled and unable to perform any occupation that you are suited to by education, training or experience.
  • Own occupation: you can claim if you are unable to work in your usual occupation of chosen field of employment

Does TPD insurance differ across insurers?

Generally TPD policies are very similar across different insurance companies. However make sure you read the insurer’s product disclosure document carefully to see what conditions are included and excluded.

WealthMaker, through its relationship with Lifebroker insurance is able to provide you with a range of insurance options. And, by working with the top insurance companies in Australia you're guaranteed a competitive quote.


To arrange a Trauma Insurance quote, simply click on the button above. Once your details have been entered, we'll provide you with a range of quotes from the most suited providers. The choice is yours.

Alternatively, call us on 02 9233 1111. We're happy to help.



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