Total & Permanent Disability (TPD) Insurance

TPD insurance pays out a lump sum if you are unable to work because of a permanent disability. Depending on the product it may be that you are unable to work in any occupation or you are not able to work in your own occupation (which you were working in before your claim). This insurance is relatively cheap, but it can be difficult to claim on and therefore needs to be carefully considered as to whether it is appropriate for a client.