What is TPD Insurance?
When an illness or injury permanently prevents you from working in your occupation or any occupation, Total and Permanent Disability Cover (TPD) can provide a lump sum benefit, which can help you reduce financial stress, maintain your quality of life, pay off your mortgage, fund your children's education as well as out-of-pocket medical expenses and retirement expenses.
Key Benefits
Disability Benefits
In the event of a total or partial disability accident, the insured will receive full or partial payment of the sum insured.
24/7 Global Cover
You will be protected anywhere in the world at any time with the absolute confidence and peace of mind.
Child Cover
Child cover is available to protect your family income when you stop working and while taking care of your child in the unexpected events.
Interim Cover
This put some temporary accident cover in place as soon as you apply for cover.
Who needs TPD insurance?
People with mortgage, dependant, or income, tend to have the following wealth protection needs in the event of disabilities:
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To leave financial support for children, spouse, parents.
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To repay the mortgage to protect properties.
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To protect their business by ensuring a continuous flow of funds.
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To supplement cash flow gaps to cover essential living expenses.
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To compensate for income loss due to being unable to work because of illness.
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To pay for lost income due to inability to work.
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To access health and consumer benefits as an insurance member, saving on costs.
How to customize your TPD cover?
1. Calculate the sum assured
How much do you need to repay the mortgage? Are there other debts? How much income needs to be protected? How much does it cost to educate children? How much is the necessary living expenses?
You can also refer to the following sum assured calculators:
2.Confirm Premium Coverage
What is your budget to fund your protection in place?
3. Find the Balance Point
Are you comfortable with both the cover amount and premium level?
Your Trusted Insurance Partner
Hippo Insurance has been delivering top-notch insurance services across Australia for more than 4 years. Our team of specialists have an accumulated experience of more than 20 years in the insurance and finance industry, protecting over 1,000 families and business.
We value our clients' trust and time. Especially, we treat them as individuals, not just numbers. Our team of experts is dedicated to providing you with the best insurance coverage at an affordable price.
We understand that every individual or business has unique needs, which why we empower you to tailor your own protection to your specific requirements.