Total and permanent disability insurance

1 in 5 Australians suffers a disability that prevents them from working1. Could you maintain your current living standards on a disability pension?

Suffering permanent disablement would be devastating for you and your family. With the disability pension only around 20% of the average Australian wage, there could be a significant impact on the lifestyle you are accustomed to.

Without a safety net, the outlook for your family’s wellbeing and your personal recovery could be challenging, especially if you needed permanent care.

Total and Permanent Disability (TPD) or ‘Adapt your life’ insurance pays a lump sum if you are unable to work again due to an accident or illness that leaves you permanently disabled. It can help cover expenses such as rehabilitation, home modifications and carer fees or allow a family member to reduce their work hours to look after you.

TPD insurance is often combined with life cover as part of an affordable protection package for you and your family. By helping to relieve the financial strain, you can focus on your health and adapting as best you can to a new way of life.

1Australian Bureau of Statistics

2Department of Human Services – 2013 disability support pension for a single person

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