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TPD Insurance

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Life insurance is important in protecting the financial well-being of your family and loved ones in the event that you pass away. It pays a lumps sum to your beneficiaries or to your estate. If you would like to compare life insurance quotes then looking online may be your best option. You can look at term life insurance policies and see which one best suits your needs.

TPD Insurance stands for Total & Permanent Disability Insurance. It provides a lump sum in the event that the insured becomes totally or permanently disabled. This type of insurance should not be confused with Trauma Insurance, as it provides a lump sum payment if you suffer a medically diagnosed event or disease, irrespective of whether you are totally disabled or not. The funds from a TPD insurance benefit payment may be useful in paying for any outstanding debts, medical bills and living expenses while you adjust to your disability. This type of personal insurance is typically combined with life insurance or Trauma insurance as it is relatively inexpensive in most cases, although in some instances you may want it as a “stand alone” policy.

You can call here on 1300 135 205 today and save up to 20% on your first year’s life insurance premium.

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