Total Permanent Disability (TPD) Insurance

Providing for you if you were to become permanently disabled.

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Premium type/entry age

  • Stepped premiums: 16 – 62 (age next birthday)
  • Level premiums: 16 – 60 (age next birthday)

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 in any capacity in any occupation based on your previous education, skills, training or experience.

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.

You must be employed in a gainful (paid) occupation to apply for TPD.

What are the key features?

  • Any occupation definition with limits up to $3 million
  • Cover increases of up to $200,000 without underwriting when a major life event occurs
  • Financial planning benefit up to $5,000
  • Eligible for Health Sense discount
  • Maximum benefit amount up to $3 million
 

Flexibility, innovation, great value

How our award-winning life insurance product works for you:

Designed for flexibility

Mix and match a range of products and features to best suit your needs

 

Simple rewards if you're healthy

Clever features like our popular TAL Health Sense discount

 

We’re there when it matters

Every working day we pay an average of $5.3m in claims

 

How much will it cost?

At TAL, we understand that everyone is unique, so naturally your insurance should be too. That's why we've created TAL CoverBuilder to allow you to build your cover, your way.


With Coverbuilder you can choose your insurance and your cover, tailor your cover amount and select the options that best suit you.

Get started with TAL CoverBuilder

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Total and Permanent Disability Insurance claims by gender and age


Claims statistics based on total number of Total and Permanent Disability Insurance claims paid by gender and age by TAL Life Limited and Asteron Life & Superannuation Limited between 1 January 2020 and 31 December 2020. Age of claimant based on age at the date of event.
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What other benefits does Total Permanent Disability Insurance include?

Not all benefits, options and sum insured levels are available online

Total Permanent Disability Benefit

The Benefit Amount is paid if you become Totally and Permanently Disabled, depending on the applicable TPD definition.



 

TPD Benefit

Total Permanent Disability Benefit

The Benefit Amount is paid if you become Totally and Permanently Disabled, depending on the applicable TPD definition.



 

Advanced Payment Benefit

Advanced Payment Benefit

An advanced payment of 25% of the TPD Insurance Benefit Amount, up to a maximum of $500,000 if you suffer Loss of use of a Single Limb (permanent) or Loss of Sight in One Eye (permanent).

Death Benefit

Death Benefit

Pays the lesser of $10,000 or the Benefit Amount if you die and the TPD Benefit is not payable.

 

Inflation Protection Benefit

Inflation Protection

Automatically increases the Benefit Amount on the Policy anniversary by the greater of 5% and the Inflation Factor to help keep pace with inflation. Increased cover affects your premium, so you have the option to remove this benefit.

Premium Freeze Benefit

Premium Freeze

Your premiums stay the same and the Benefit Amount will reduce at each Policy anniversary. This benefit can only be exercised if stepped premiums have been selected and you are at least 30 years of age.

Financial Planning Benefit

Financial Planning Benefit

Reimburses up to $5,000 on fees for professional financial planning advice incurred when we pay 100% of the Benefit Amount.

Your financial plan must be prepared by a financial adviser within 12 months of the date we paid your claim and we must receive evidence of the financial plan.

Long Distance Accommodation Benefit

Long Distance Accommodation Benefit

Reimburses up to $250 per day, up to 14 days, for accommodation costs of an Immediate Family Member when they are required to travel more than 100km to be with you.

To be eligible, you must be Bed Confined more than 100km from your usual place of residence and the Terminal Illness Benefit, 100% of the TPD Insurance Benefit Amount or 100% of the Critical Illness Insurance Benefit Amount has been paid. 

Grief Support Benefit

Grief Support Benefit

This benefit is available to you or your Immediate Family Member who need support when we pay 100% of the Benefit Amount. We will reimburse the cost of up to 3 grief support sessions, to a total maximum cost of $1,000 for all 3 sessions, with an accredited health provider approved by us, acting reasonably (the health provider should be competent, recognised and appropriately qualified to provide the support). 

Child's Critical Illness Benefit

Child's Critical Illness Benefit

Pays a benefit of $10,000, if your child (aged between 2 and 19 next birthday) suffers a Child’s Critical Illness Event listed under the Child’s Critical Illness Insurance. The severity criteria set out for the events in Section 9.3 in the PDS must be met in order for a benefit to be payable. Pre-existing conditions are excluded, and certain conditions are excluded if they occur or were diagnosed within three months of the Policy commencing or being reinstated.

What important details do I need to know?

What’s not covered:

No payment will be made under TPD insurance and any included or optional benefits (if applicable) if the claim arises directly or indirectly because of an intentional, self-inflicted act by the Life Insured. If TPD Insurance is Attached or Linked to Life Insurance, the TPD Benefit will not be paid if you are also eligible for the Terminal Illness Benefit under Life Insurance. If TPD Insurance is not Attached or Linked to Life Insurance, no payment will be made under TPD Insurance unless the Life Insured survives the Sickness or Injury which resulted in Total and Permanent Disability for at least 14 days.

 

What's not Covered

What’s not covered:

No payment will be made under TPD insurance and any included or optional benefits (if applicable) if the claim arises directly or indirectly because of an intentional, self-inflicted act by the Life Insured. If TPD Insurance is Attached or Linked to Life Insurance, the TPD Benefit will not be paid if you are also eligible for the Terminal Illness Benefit under Life Insurance. If TPD Insurance is not Attached or Linked to Life Insurance, no payment will be made under TPD Insurance unless the Life Insured survives the Sickness or Injury which resulted in Total and Permanent Disability for at least 14 days.

 

When TPD Insurance ends

When TPD Insurance ends

TPD Insurance will also end and our liability to pay a benefit under the Plan will cease on the earlier of the:

  • Policy anniversary before the Life Insured’s 65th birthday;
  • date we receive the Policy Owner’s written request to cancel the Plan or Policy;
  • Policy being cancelled because of non-payment of premiums;
  • date we cancel or avoid the Policy because of an innocent or fraudulent non-disclosure and/or misrepresentation made by you or the Life Insured before our acceptance of the Policy or because you made a fraudulent claim;
  • death of the Life Insured; or 
  • full Benefit Amount being paid or reduced to nil (when this occurs, the Financial Planning Benefit and Grief Support Benefit will remain available for 12 months after the Benefit Amount was paid).

Loadings & Exclusions

Loadings & Exclusions

In some cases we will be unable to provide you with all or some parts of the Cover for which you have applied.

In other cases, Cover may be subject to conditions such as a Premium Loading, or an Exclusion.

A Premium Loading will mean that you pay a higher premium for the Cover.

An Exclusion will mean that you will not be Covered if you suffer a specified excluded medical condition, or you are injured as a result of participating in an excluded pastime or activity.

Tailoring your plan

Choosing a Premium Structure
You have the choice of Stepped or Level Premiums. Your choice will impact your monthly premium, and how your premium increases each year. 

Inflation Protection Benefit
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. 

Guranteed Future Insurability Benefit
If a specific life event happens, for example getting married or having a child, you can easily update your TPD Insurance cover. 

Bundling your insurance:
If you have Life Insurance with TAL, and have added TPD or Critical Illness Insurance to your plan, you have the option to keep each insurance independent from each other within your plan, or Bundle them together. 

Premium Freeze Benefit:
The Premium Freeze Benefit can only be activated if we are charging premiums on a stepped premium basis and the Life Insured is older than age 30. You may elect to activate the Premium Freeze Benefit by notifying us in writing. If you choose to exercise the Premium Freeze Benefit, your premium will remain unchanged, but the Benefit Amount will reduce on a yearly basis at each Policy anniversary. This is because insurance generally becomes more expensive as you get older. The reduction of the Benefit Amount will be calculated based on your age and the premium rate applicable to you. If you notify us that you wish to apply the Premium Freeze Benefit, the Inflation Protection Benefit will not apply. If you notify us that the Premium Freeze Benefit is to cease within three years of it starting, the Inflation Protection Benefit will then recommence but only if it was applicable before the Premium Freeze Benefit being activated.

Claims at TAL

Every claim we pay is a promise kept

In 2020, we paid $2.7 billion in claims to 36,901 customers and their families. That’s equivalent to over $45 million a week.

People often think claims are all about payments to families when a loved one passes away. And of course, that's part of what we do. But 68% of all the claims we paid last year were to help customers keep living the lives they love, after an accident or illness. 

Learn More

 

Your guide to making a claim

When things go wrong with your health, or the health of a loved one, you may find yourself doing many things for the first time. It’s sometimes tricky to know where to start and it can feel overwhelming. We’re here to support you to make your claim as easy as possible.

If you need to make a claim with TAL, you’ll be assigned a dedicated claims consultant. They’re there to understand your situation and what they can do to support you when making a claim. 

Learn More

 

 

Why choose TAL as your TPD Insurance provider?

Australia's leading life insurer
TAL is a leading Life Insurance specialist
TAL Customers
Trusted by 4.5 million Australians
Commitment to Claims
$2.7 billion in claims paid in 2020


TAL Health Sense

We’re encouraging healthy lifestyles

Introducing our TAL Health Sense Discount. Rewarding you with up to 15% discount on your Life, TPD or Critical Illness policy.
Find out more
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