Start with the questions that matter
Which disability definition applies to my occupation?
Would a payment reduce my life cover?
What long-term costs and lost income should we allow for?
Do not rely on the label alone
TPD definitions are not identical. "Own occupation", "any occupation", modified or activities-of-daily-living definitions can produce different claim outcomes. Eligibility may also depend on employment status, hours worked and occupation at the time of disability.
We explain the definition available for your circumstances and how it interacts with life cover, trauma cover and income protection.
Financial needs to consider
- Repaying or reducing debt
- Funding home or vehicle modifications
- Rehabilitation, care and support costs
- Replacing lost earning capacity over the long term
- Supporting retirement savings and family goals
- Allowing a partner or family member to reduce work
- Business ownership or succession obligations
Accelerated or standalone
TPD may be attached to life cover as an accelerated benefit or purchased separately, where available. An accelerated payment generally reduces the linked life cover. The lower premium therefore comes with a trade-off that should be understood before proceeding.
The required cover amount should take account of savings, ACC entitlements, other insurance and the financial consequences of a permanent change in work or independence.
The definition is the heart of the cover.
We explain the disability definition in practical terms and connect the cover amount to debt, lost earning capacity, care, rehabilitation and the support a family member may need to provide.
TPD is not a general injury benefit. A claim is payable only when the relevant permanent-disability definition and all policy conditions are met.
