This is the type of cover which pays on the chance that you are unable to work ever again.
There are two types of TPD Insurance:
- Any Occupation
- Own Occupation
These two small differences can determine whether your claim is paid or not.
TPD Pays a benefit if you are unable to work in either ‘any’ occupation, or your ‘own’ occupation. There are differences in premiums for each, and you can only fund the any occupation from your super.
You can speak to one of our expert advisers below to determine the difference in premiums and figure out which is best for you.