Total & Permanent Disability

This type of insurance will pay out a lump sum amount in the event of your total and permanent disablement where you are unlikely to ever return to work. It will also pay out the benefit in the event you lose the:

  • sight in both eyes; or
  • use of two limbs; or
  • sight of one eye and the loss of the use of one whole hand, or whole foot;

When looking at amounts of TPD cover, things you might want to take into account are;

  • Clearing all debt
  • Providing for ongoing educational/childcare expenses for your children
  • Providing for incidental and medical expenses not covered by private health insurance

To discuss your Insurance needs, click here


General Advice Disclaimer

This information provided on this website has been provided as general advice only. We have not considered your financial circumstances, needs or objectives and you should seek the assistance of your Professional Investment Services (PIS) Authorised Representative before you make any decision regarding any products mentioned in this communication. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Professional Investment Services nor its related entities, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information.