TOTAL & PERMANENT DISABILITY COVER (TPD)
TOTAL & PERMANENT DISABILITY COVER (TPD)
Why do I need total & permanent disability cover?
TPD insurance protects you if you were to lose your ability to ever work again (or carry on your normal tasks, if you are not employed), as a result of illness or injury.
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FAQs
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To make a TPD insurance claim in New Zealand, the insured or their representative typically needs to provide evidence of the total and permanent disability as defined in the policy. This may include medical reports, assessments, and other relevant documentation.
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TPD insurance can be purchased as a standalone policy, but it is also commonly offered as a rider or add-on to life insurance policies. Bundling TPD with other types of insurance may provide more comprehensive coverage.
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Yes, TPD insurance policies often have a waiting period, also known as the deferred period. It's the period of time that must pass after the total and permanent disability occurs before the benefit becomes payable.