Total Permanent Disability (TPD) Insurance

Providing for you if you were to become permanently disabled.

Key features

  • A lump sum payment if you can never work again due to injury or illness
  • Up to $1.5 million payment 
  • No medical tests
  • Available to purchase via Self-managed super funds
  • Available if you're between 18 and 59 years old 
  • Get a quote and apply online with TAL CoverBuilder

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What is Total Permanent Disability (TPD) Insurance?

Total Permanent Disability (TPD) insurance provides for you if you were to become permanently disabled due to accident or illness, and are unable to work.

Total Permanent Disability Insurance provides you with a lump sum payment, giving you the means to access the best medical and rehabilitation treatments, and providing you with financial security so you can go on making the most of your life.

TPD

What am I covered for under Total Permanent Disability (TPD) Insurance?

You can tailor your cover to suit your individual needs. Your choice of cover will impact the types of events you can claim against.

You can choose all three types of cover, or two or just one. It's up to you.

Accident Cover

You receive a lump sum payment so you can afford support and treatment if you become permanently disabled as a result of an accident (subject to any Special Conditions specified in your Policy Schedule) and cannot work.

What you're covered for:

  • If you are injured in an Accident that has left you Totally and Permanently Disabled and you are unable to work in ANY occupation

    • OR

  • If you are injured in an Accident that has left you Totally and Permanently Disabled and you are unable to work in YOUR OWN occupation

    • What we consider Totally Permanently Disabled differs depending on whether you choose Any or Own occupation.

    Examples of disabling Accidental Injuries include:

  • Spinal cord Injury due to a household accident,  such as falling from a ladder or rooftop
  • Loss of two limbs in a transport accident
  • Loss of Sight due to a workplace accident

    •  

Illness Cover

You receive a lump sum payment so you can afford support and treatment if you become permanently disabled as a result of an illness (subject to any Special Conditions specified in your Policy Schedule) and cannot work.

What you're covered for:

  • If you are diagnosed with an illness that has left you Totally and Permanently Disabled and you are unable to work in ANY occupation

    • OR

  • If you are diagnosed with an illness that has left you Totally and Permanently Disabled and you are unable to work in YOUR OWN occupation

    What we consider Totally Permanently Disabled differs depending on whether you choose Any or Own occupation.

    Examples of disabling illnesses include:

  • Neurological illnesses such as Motor Neurone Disease (MND)
  • Vascular disorders such as stroke
  • Organ failure

Sports Cover

If you take up Accident Cover, you can extend it with Sports Cover. This means you’ll receive a payment in case of a disabling incident from sports (subject to any Special Conditions specified in your Policy Schedule).

What you're covered for:

  • If you are injured as a result of a Sports Injury that has left you Totally and Permanently Disabled and you are unable to work in ANY occupation

    • OR

  • If you are injured as a result of a Sports Injury that has left you Totally and Permanently Disabled and you are unable to work in YOUR OWN occupation

    • What we consider Totally Permanently Disabled differs depending on whether you choose Any or Own occupation.

    Examples of disabling Sports injuries include:

  • Spinal Injury due to accident while playing a sport such as football
  • Loss of limbs due to participating in Water Sports such as jet skiing 
  • A brain injury due to participating in recreational aviation such as hang-gliding or sky diving

    •  

PDS Download The full details of all conditions and criteria that your diagnosis will need to meet are discussed in detail in the PDS.

Total Permanent Disability Insurance

Total Permanent Disability Benefit
If you can never work again due to injury or illness, you’ll receive a lump sum payment so you can still make the most of life. Find out more

Inflation Protection
Inflation Protection automatically increases your cover amount by 5% every year, or by the Consumer Price Index – whichever is greater. Your premiums will also increase accordingly. Find out more 

Future Life Events
If a specific life event happens, for example getting married or having a child, you can easily update your TPD Insurance cover. Find out more 

Cover Pause
In case of financial hardship, you can pause your cover for up to three months. You won’t pay premiums but you also won’t be covered. It’s easy to switch on your cover again. (This can only be set up over the phone). Find out more 

Choice of ‘Any’ or ‘Own’ occupation
Choose whether you’re covered in case you can’t work again in ‘Any’ occupation, or your ‘ Own’ occupation – the occupation you have training, education and experience in. Find out more 

Stepped vs. Level Premiums
You can choose to pay either Stepped or Level Premiums. Stepped Premiums increase every year, but generally start cheaper. Level Premiums stay the same and generally cost less in the long run. However, Level Premiums can increase by general premium rate rises and through Inflation Protection. Find out more 

 

What's included

Total Permanent Disability Benefit
If you can never work again due to injury or illness, you’ll receive a lump sum payment so you can still make the most of life. Find out more

Inflation Protection
Inflation Protection automatically increases your cover amount by 5% every year, or by the Consumer Price Index – whichever is greater. Your premiums will also increase accordingly. Find out more 

Future Life Events
If a specific life event happens, for example getting married or having a child, you can easily update your TPD Insurance cover. Find out more 

Cover Pause
In case of financial hardship, you can pause your cover for up to three months. You won’t pay premiums but you also won’t be covered. It’s easy to switch on your cover again. (This can only be set up over the phone). Find out more 

Choice of ‘Any’ or ‘Own’ occupation
Choose whether you’re covered in case you can’t work again in ‘Any’ occupation, or your ‘ Own’ occupation – the occupation you have training, education and experience in. Find out more 

Stepped vs. Level Premiums
You can choose to pay either Stepped or Level Premiums. Stepped Premiums increase every year, but generally start cheaper. Level Premiums stay the same and generally cost less in the long run. However, Level Premiums can increase by general premium rate rises and through Inflation Protection. Find out more 

 

The options you can add

Life Buy Back
If you bundle your TPD Insurance with your Life Insurance, you can buy back any Life Insurance that has reduced after a TPD Insurance payment. (This can only be set up over the phone). Find out more

Premium Relief
If you add this option, you won’t need to pay your TAL Lifetime Protection premiums if you are unable to work for at least three consecutive months due to an illness or accident. (This can only be set up over the phone). Find out more

How claims work

Payments
You will be the recipient of your lump sum payment. Find out more

How to make a claim
To make a claim, get in touch with our Claims Team. Every claim is different so we assign you a dedicated Claim Manager to find out what you need, to make it as easy as possible for you. Find out more

General information

The cost
The cost of your TPD Insurance will depend on a range of factors, including your age and gender, health, your occupation, the cover options you choose, how long you’ve had insurance with us and whether you are a smoker. Find out more

Minimum and Maximum Cover
You can apply for between $100,000 and $1.5 million worth of cover. Some limits may apply depending on your income and age. Find out more

Eligibility
The eligible age range is from 18 to 59. Australian citizens, permanent Australian residents, or New Zealand citizens residing permanently in Australia are eligible to apply. Find out more

How we define Total Permanent Disability
It’s important to understand how we define Total Permanent Disability because you will need to meet the criteria in this definition to be eligible for a TPD payment. Find out more

Premium changes
Once your Cover is in place, your policy can’t be singled out for an increase in premium rates because of a change in your health or circumstances. However TAL is able to change the premium rates for all customers if conditions change or we receive more claims than expected. Find out more

Cover Start and End Dates
We will notify you when your cover is active, and you will stay covered until the policy anniversary following your 99th birthday. This is provided you pay your premiums when they’re due, and you have complied with the Duty of Disclosure. Find out more

Loadings and Exclusions
When you apply for TAL Lifetime Protection, you will be asked a number of health and lifestyle questions. These questions relate to your eligibility, whether your insurance will have any exclusions or loadings, and your Duty of Disclosure. Your answers may mean that you have increased risk factors under the Policy. Find out more

What you're not covered for
TAL Lifetime Protection gives you options to build a comprehensive cover plan, but there are some events we can’t cover. For example, if something happens to you while you’re travelling to a dangerous country, or if your injury was intentional or self-inflicted. Find out more

 

Need help deciding if TPD Insurance is for you?

Help me choose

Find out about the other insurances you can include in your TAL Lifetime Protection Plan.

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2017 © TAL Services Limited a Dai-ichi Life Group Company.

"TAL is Australia's leading life insurance specialist” based on Inforce premiums for risk only life insurance policies, NMG Consulting (2016).

The information provided on this website is general advice only and does not take into account you individual needs, objectives or financial situation. You should read a Product Disclosure Statement (PDS) and Financial Services Guide (FSG) before making a decision to purchase or continue to hold a product. To read details of TAL Lifetime Protection products see the TAL Product Disclosure Statement (PDS) and Financial Services Guide(FSG). Applications subject to acceptance. Benefit periods, waiting periods, terms and conditions, exclusions and limitations apply. Life insurance issued by TAL Life Limited ABN 70 050 109 450 AFSL 237848.  Promoted and distributed by TAL Direct Pty Limited ABN 39 084 666 017 AFSL 243260.