TAL Accelerated Protection Total and Permanent Disability Insurance

With Accelerated Protection Total and Permanent Disability Insurance you can insure up to $5,000,000 in case you suffer from an illness or injury which prevents you from ever being able to work again.

You can attach or link your TPD insurance to Accelerated Protection Life Insurance or Critical Illness Insurance, and benefit from reduced premiums. If you do choose to link policies together then your TPD insurance can't be for a higher amount than the value of any Life Insurance cover you buy, and any claim you make under TPD will reduce the amount of your remaining Life cover.

If you don't make a claim your standalone TPD insurance will remain in place until you reach age 65. TPD policies which are linked or attached to Life Insurance can provide you with limited cover until you reach age 100.

TAL offers three types of TPD policy: 'own occupation', 'any occupation' or 'activities of daily living' cover. Depending on which policy you choose, TAL will use a different definition to decide whether you are eligible to make a claim.

Built-in features of Accelerated Protection Total and Permanent Disability Insurance include the option to freeze your premium so that you pay the same amount each year, in exchange for a reduction in the amount of your insurance; and the right to increase the amount of your insurance without providing medical data if your circumstances change.

There are also some optional features which you can add to your TPD cover for a higher premium. These include the right to protect any linked Life Insurance cover if you have to make a claim under your TPD policy, so that your death benefits won't be reduced.

For full details of the TAL Accelerated Protection range of life insurance products you can download the Product Disclosure Statement here.