If something unexpected happened and you couldn’t work again, how would you cover your living costs? That’s the question Total and Permanent Disability (TPD) insurance is designed to answer. But figuring out how much cover you might need can feel a bit overwhelming.
At Thrive Protect, we make it simpler to understand how TPD insurance works—so you can explore your options with confidence.
What Does TPD Insurance Cover?
TPD insurance pays a lump sum if you become permanently unable to work due to illness or injury. It’s there to support your long-term financial wellbeing—covering things like rehab, debt repayments, living costs, or changes to your home if needed
How Much TPD Cover Do I Need?
- Home loan or rent – Would you want to pay it off or cover it long-term?
- Ongoing living costs – Food, utilities, transport, school fees.
- Medical or rehab – Ongoing treatment or modifications to your home or car.
- Support for loved ones – If you have children or dependents, what help might they need.
Not sure where to start?
Try our free Insurance Needs Planner – it’s a simple worksheet to help you map out what’s most important, including how much TPD cover might be right for you.
A Few More Things to Know
Some policies can be held inside super, which can affect how and when a claim is paid. You’ll also come across terms like “own occupation” or “any occupation”—which relate to how eligibility is assessed. We’ll cover that in another post!
Final Word:
TPD insurance helps protect your future if life takes an unexpected turn.
Knowing how much is enough starts with getting clear on what you’d need to cover—and our Insurance Needs Planner is a great place to begin.
Explore more FAQs or contact us today.
