Total and Permanent Disability

Total and Permanent Disability is designed to pay a lump sum in the event that the life insured is never able to work again.

This plan is better known as TPD insurance and normally forms part of a Term Life Policy but can be purchased as a Stand Alone Product with certain Life Companies.

It is important to examine how the two major definitions, “any occupation” or “own occupation” may apply to you.

Choice of Definitions – What does it mean?

“Any Occupation”

Throughout 3-6 months (depending on the insurance company) you have been absent from active employment, you have been unable to engage in (whether or not for reward) any occupation for which you are reasonably suited by education, training or experience and you will be so disabled for life.

“Own Occupation”

After you have been absent from active employment for 3- 6 months (depending on the insurance company), you continue to be incapacitated to such an extent that you will not be able to engage in your own occupation again.

“Home makers”

Due to sickness or injury you are unable to perform your domestic duties or child rearing duties and have been confined to the home for 6 consecutive months, and

You are under the regular treatment, and following the advice of a medical practitioner, and

You continue to be so incapacitated to the extent that you are unable to engage in (whether or not for reward) any occupation for which you are reasonably suited by education, training or experience and

  • You will be so disabled for life; or
  • You have suffered Loss of Limbs or Sight; or
  • Can not perform two of the five activities of daily living
  • Washing: the insured person can not wash themselves unaided
  • Dressing: the insured person can not dress or undress themselves unaided.
  • Feeding: the insured person can not eat unaided
  • Toilet: the insured person can not go to the toilet unaided
  • Mobility: the insured person can not:
  1. get in and out of a bed
  2. get on or off a chair/toilet
  3. move from place to place without using a wheelchair

Note: these are general terms offering a blanket explanation of what the industry offers. For exact definitions we would have to refer to the individual insurance companies wordings.

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