TPD Insurance

TPD cover provides a lump sum payment if you suffer a disability before retirement and can’t work again, or can’t work in your usual occupation or chosen field of employment.

TPD can be purchased as an add on, or as a stand alone policy

You can buy TPD as an add on to term life insurance, or as a stand alone product. You can also get TPD as an extra benefit from your super fund or as part of a trauma insurance product.

Tax Treatment Outside Super

  • Premiums are not tax deductible.
  • The benefit payment is tax free if paid to the injured person or their relative.

Tax Treatment Inside Super

  • Premiums are generally tax deductible for the super fund.
  • Superannuation contributions made to fund premiums may attract various tax concessions.
  • The benefit payment you receive may be taxed.


Interested in more information? Contact us today.