TPD Insurance

What is TPD Insurance?

TPD stands for Total and Permanent Disability. This type of insurance is usually linked to a life insurance policy and covers the situation where an individual suffers a traumatic event which leaves them totally and permanently disabled. Effectively the person will never work again but cannot claim on their life insurance policy because it only covers death and terminal illness.


Key Issues to Consider

TPD is part of an overall insurance portfolio to protect the life insured, their family and business interests. TPD is also part of a business succession agreement (link to business insurance here).

To find out more about TPD insurance please phone Adam Stewart on (07) 4639 1268.

Financial Life Pty Ltd (ACN 107614415) is an authorised representative of AMP Financial Planning Pty Limited, Australian Financial Services Licensee

AMP

DISCLAIMER
Any general advice in this information does not take account of your personal objectives, financial situation and needs. Read the relevant Product Disclosure Statement before acquiring any product mentioned on this website.