Call 1800 85 1970
Total & Permanent Disability (TPD)
What is TPD Cover?
TPD provides a lump sum payout should you become totally and permanently disabled to the extent you are unlikely to work again.
Why might you need TPD Cover?
While Life Cover provides security for your beneficiary/s in the event of your death, it’s also important to consider the financial impact of surviving a serious illness or injury that results in permanent disability.
Examples of what TPD is often used for.
When determining the level of cover needed to ensure financial stability most applicants will take into account things such as: -
-
the costs of any financial dependents.
-
total of any outstanding significant debt
-
Immediate medical expenses
-
any other existing financial commitments
Other considerations.
They will also take into account any potential new costs, either once off or ongoing brought about by their disability such as fulltime care, rehabilitation, home modifications and the provision of an ongoing regular income.
TPD
Providing Peace of mind knowing the financial future for you & your family is secure.
General Advice Warning
As an Authorised Representative of OASIS Insurance Pty Ltd, Precise Mortgage is authorised to give General Advice only. We are unable to take into account any of your financial or personal information. You will need to decide on the level of cover you require, and whether the product is suitable for your objectives, financial situation or needs. If you require any further information before making your decision, please refer to the Product Disclosure Statement (PDS) ​ ASIC Authorised Representative 000299992 of Oasis Insurance Pty Ltd AFSL No: 293770 Address: 5/4 Columbia Court Norwest NSW 2153
How much cover is enough?
To help you work out how much cover you need, Moneysmart, a service provided by the Australian Securities & Investments Commission (ASIC), part of the Australian Government provides calculators and impartial guidance on steps to consider to improve your personal finances. To access this valuable service, click on the following link.