Total & Permanent Disability Insurance

Total and permanent disability insurance is similar to trauma insurance. While trauma cover provides you with a lump sum payment to assist you in recovering from one of its Covered Conditions (serious and/or potentially life-threatening, for example, injury, heart attack, cancer etc), total and permanent disability insurance does this only for a health or injury event that results in long-term damage. These events can destroy financial health in a moment: if this happens to you, you are unlikely to be employable again – or if you own or run a business, you might lose it.

Total and permanent disability cover can protect you from this happening. As well as our health-related insurances (life, health, trauma and this one), we offer business and work-related insurances as well. If you’re a business owner, check out our business insurance products for additional coverage re that aspect; and if you’re employed, see income protection insurance.

A lump sum from your total and permanent disability insurance can be used for any purpose, but it’s particularly useful for eliminating or reducing debt and replacing future income loss.
As with our other health-related insurances, total and permanent disability insurance provides you with the financial certainty and support you need so you and/or your family can continue to live the type of life you planned, without the worry of debts or loss of assets.