Glossary - total and permanent disability (TPD) insurance

total and permanent disability (TPD) insurance

A type of life insurance that helps cover the cost of rehabilitation, debt repayments and the future cost of living if you are totally and permanently disabled. Each insurer has different definitions of what is and isn't considered to be permanently disabled, so always read the fine print so you know how the policy defines the cover.

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Last updated: 22 Aug 2018