What is Total Permanent Disability Insurance?

Total and Permanent Disability Insurance, also known as TPD insurance, is an insurance product that pays you a lump sum amount if you become totally and permanently disabled due to an illness or injury. In other words, a disablement that entirely prevents the insured person from attending to either their normal or any occupation; lasts at least twelve months, and at the end of that period will not improve, is defined as total permanent disability.

In the event you become unable to work, TPD insurance provides a valuable source of financial security for you and your family. You can use the proceeds from the policy the way you want, including replacing your lost income, paying off your mortgage, paying for rehabilitation costs, or modifying your house to accommodate the disability.

Aspect TPD Insurance offers comprehensive cover and great value to the insured. Whether you are employed or unemployed at the time of your disability, you are paid based on the assessment of your disability against your ability to perform your daily activities.


  • Insure for up to $1,000,000 benefit cover.
  • Choose between insuring your normal occupation or any occupation
  • Eligible for Australians between 18 to 64 years old.
  • Can be purchased standalone or combined with other products.
  • Covers a wide range of occupations, be it white or blue-collar jobs.
  • No medical tests are required.
  • Offers add-ons insurance products to secure your family’s future further.
  • Fast and efficient claims service.


The cost of Aspect TPD insurance cover depends on your circumstances and the sum you want to insure. Find out how much it would cost you based on your circumstances using our free online TPD insurance quote generator in under 10 minutes.


  • Coverholder at Lloyd’s, the world’s specialist insurance market.
  • Personalised and friendly service
  • From a quote to fully covered in under 10 minutes.
  • Fast and efficient claim process.


  • Importance
    & Costs
  • Inclusions
    & Exclusions
  • Combine
    These Addons

& Costs

Do I need a TPD Insurance?

To decide whether you need TPD insurance or not, you need to assess your individual situation, needs and financial planning that you have in place. Reviewing how you will pay for expenses such as your living, family, medical, rehabilitation, financial, and any mortgages or debts you owe if you can longer earn an income.

Based on these, you should be considering if you have the financial means or options to support yourself. Income protection insurance or trauma insurance are other alternatives that can support you in needs of lost income. These investments can provide you with more financial security, particularly if your family members are unable to care for you. Figure out why you should have TPD insurance here. If you’re unsure about your circumstances or situation, seek financial advice here.

How much does it cost?

The cost to purchase a TPD insurance depends on the sum you want to insure, your age, occupation and other information relative to the particular risk. The sum you wish to insure usually depends on your financial circumstances.

It would be best to consider your mortgage or rent repayments, debts, children’s education, medical, nursing & rehabilitation costs, daily expenses, and retirement plans to conclude on the sum you would like to insure. Aspect’s intelligent cover builder offers a detailed rundown of the total cost and breakdown of your premiums based on the details you provide. Get an obligation-free TPD insurance quote now and determine how much it would cost you.  

& Exclusions

What’s covered?

Aspect’s TPD cover is available for a wide range of occupations. Whether you’re a white or blue-collar worker, we cover the majority of professions (including some hazardous occupations). We cover normal occupation or any occupation.

  • An any-occupation policy pays you if you are permanently incapable of working in any job, even if it is a lower-paying job.
  • If you choose to cover your normal job, in that case you will receive a benefit if you are permanently unable to do your ‘normal’ or ‘own’ job, based on your education, experience and age.
  • Unable to perform home duties
  • Loss of independence.
  • Even if you are unemployed at the time of injury or illness but were employed while purchasing the TPD policy.

Payment of benefits is subject to standard terms and conditions provided in our product disclosure statement.

What’s not covered?

As part of the Aspect TPD Insurance exclusion clauses, here are some general exclusions.

  • Deliberate exposure to exceptional danger.
  • Intentional self-inflicted injury or illness, suicide or attempted suicide.
  • Any professional sporting activities.
  • A criminal act committed by an insured person.
  • Any pre-existing illness.
  • Any injury that occurs before the policy’s commencement date.

For the entire list of exclusions, please read our product disclosure statement.

These Addons

Aspect’s Accident & Health insurance products give you the option to get a customised quote that fits your needs. Our intelligent cover builder provides you with the flexibility to get a quote for a standalone Total and Permanent Disability insurance cover; combine it with any of the following products or get a quote for the complete package and purchase it to protect your family’s financial security during difficult times:

Income Protection Insurance

Income protection insurance is a product that replaces your income if you are temporarily unable to work due to illness or injury. Most policies will provide you with a fortnightly or monthly benefit payment of up to 75% (some up to 85%) of the income amount you’ve insured. This can also be customised to include an additional benefits bundle, by paying an additional premium, for benefits such as overseas assistance, child’s trauma and housekeeper benefits.

Accidental Death Insurance

Accidental Death Insurance (death by injury) is an easy and low-cost alternative to Life Insurance (death by any cause), or a good way to supplement an existing life benefit. Accidental death cover will pay your estate a benefit amount upon your death as a result of an accident/injury. Generally, the sum insured would be $100,000 to $1,000,000, depending on your circumstances.

Trauma Insurance

Trauma insurance provides you with a lump sum payment, payable on diagnosis, if you suffer a serious medical condition like a heart attack, stroke or cancer. A trauma benefit is typically used to pay off immediate medical bills, rehab expenses, replace income and assist with your ongoing costs, protecting you against future debts and time away from work. The sum insured could range from $50,000 to $500,000, depending on whether it’s a standalone cover or purchased in conjunction with other products.


Provide reasonable notice to us as soon as practicable for any injury or illness.

Submit your claim form and supporting documents.


TPD coverage offered by Aspect provides a one-off payment if you become totally and permanently unable to work. Aspect Income Protection functions more like a salary, paying you a monthly benefit of up to 75% of your income if you are temporarily unable to work.
Total and Permanent Disability (TPD) is a popular and essential type of insurance that is often coupled with life insurance. Unlike Life cover, which provides financial support for your family if you die, and Income Protection Insurance, which provides coverage if you cannot work temporarily, TPD Insurance will help you if you become permanently disabled and can never work again. Therefore, if you are involved in a high-risk profession, this cover is highly recommended.

The premium you pay for TPD insurance is generally not tax-deductible. But a TPD benefit payment is tax-deductible. When held inside superannuation, the tax treatment for TPD insurance premiums will vary depending on:

  • Whether or not the policy meets the definition of a ‘disability super benefit’ condition.
  • Whether it is a normal occupation (sometimes known as 'own occupation') or other occupation (sometimes known as 'any occupation' TPD policy.
  • If it is bundled with a death cover.
Total and permanent disability (TPD) insurance is available in most super funds for their members, but often, you need to opt-in to receive the cover. Many super funds do not provide the cover automatically, or if they do, it is a generic, base-level sum insured that does not consider your situation. Contact your super fund to confirm the level of cover you have.
Some employers arrange TPD insurance for you as part of your employment conditions, although it isn't a common employee benefit, particularly in blue-collar industries. Check with your employer to enquire if you are covered.
Waiting periods differ among insurers. You may have to be unable to work for at least 6 to 12 months before you can be confirmed as totally & permanently disabled (and therefore entitled to your benefit payout). For Aspect’s TPD insurance, the waiting period is 12 months.
It is important to understand that the type of occupation determines the risk and, therefore, the cost of this insurance type. Compared to white-collar jobs, blue-collar jobs are considered high risk, and therefore TPD insurance premiums differ from one another. If you don't select an accurate description of your profession, when you come to claim, your insurer may decline your claim and even void your policy due to false disclosure.
A policy will start when you decide to start it, running for 12 months. The policy is automatically renewed unless you no longer wish to have it. If your age exceeds 65, your cover will not be renewed.



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    Disclosures & Important Notices:

    The advice provided on this website does not take into account any of your personal objectives, your financial situation or your needs. For this reason, before you act on the advice you should consider its appropriateness, taking into account your own objectives, financial situation and needs. Before you make a decision about whether to acquire any Aspect Products, you should obtain and read our Product Disclosure Statement (PDS). This PDS contains terms, conditions, and exclusions about our A&H insurance products. If necessary, please seek advice from a Financial Adviser or a qualified Insurance Professional before deciding on appropriate insurance cover.

    As prescribed by the Australian Government and as required under the Insurance Contracts Act, we advise you go through the Key Facts about your Personal Accident & Illness Policy here.

    We would also like to draw your attention to our Important Information provided here. You must be aware of this information when entering into the initial insurance contract, and when reinstating, or varying that insurance contract.

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