AQIS Insurance Services Pty Ltd Suncorp Authorised Representative No. 317248
AQIS Insurance Services Pty Ltd
Total and Permanent Disability (TPD) insurance
TPD insurance provides a lump sum if you suffer an illness or injury that leaves you totally and permanently disabled.
TPD insurance benefits are often used to eliminate debts, pay for medical expenses or fund any permanent lifestyle changes resulting from disablement.
TPD definitions can vary depending on the particular product and insurance policy. Most companies allow you to choose whether you want coverage against being unlikely to be able to work in your ‘own’ occupation or in ‘any’ other occupation again, after suffering an illness or injury.
We who can help you consider what definition is most appropriate for your personal circumstances as well as calculate the appropriate level of cover to protect you and your family.
Trauma insurance – or Recovery insurance – provides you with a lump sum on the diagnosis (or occurrence) of one of a list of specified serious medical conditions and procedures. Each insurance company maintains their own list, but they generally include serious medical conditions such as cancer, heart attack or stroke.
Trauma insurance is designed to provide you with money when you need it most. You can generally use the money however you choose, for example to cover medical costs and treatment or to reduce debt. Some people choose to make a permanent lifestyle change, such as reducing their working hours, so they can spend more time with family.
We can help you accurately assess your circumstances and calculate the appropriate level of cover to protect you and your family.