Total & Permanent Disability (TPD) Insurance
What is TPD Insurance?
Total & Permanent Disability (TPD) Insurance provides a lump sum payment if you become totally and permanently disabled due to illness or injury. This cover is designed to help you manage the financial impact of such events, allowing you to focus on your recovery without the added stress of financial concerns.
Silverstone Financial will help you in this process from start to end, ensuring that you get the right cover tailored to your needs, from selecting the right policy to managing your claim when you need it most.
Why Do I Need TPD Insurance?
Experiencing a total and permanent disability can have significant financial implications. TPD Cover offers financial support to help you during this challenging time. Here’s why you might consider it:
Income Replacement
Compensate for lost income if you’re unable to work due to disability.
Debt Management
Assist with repaying debts like mortgages or personal loans.
Medical Expenses
Cover costs for ongoing medical treatment and rehabilitation.
Lifestyle Adjustments
Fund necessary lifestyle changes, such as home modifications or hiring help.
Peace of Mind
Provide financial security for you and your family during difficult times.
Additional Benefits of TPD Insurance
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Lump Sum
Payout
A lump sum payout if you become totally and permanently disabled, helping cover medical costs, debts, or living expenses.
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Wide Range of
Conditions Covered
TPD insurance typically covers a wide variety of physical and mental disabilities, ensuring broader protection.
- Additional Coverage for Severe Injuries
In the event of severe injury or permanent loss of function, this coverage provides much-needed financial security.
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Helps Maintain
Lifestyle
Provides financial stability, allowing you to maintain your lifestyle even if you’re unable to work.
How to Claim TPD Insurance?
To file a claim for your TPD Cover:
-
Notify Your Silverstone Financial
Services or Your Insurer
Inform your insurance provider as soon as you’re diagnosed with a covered condition.
- Provide Required Documentation
Submit necessary medical records and any other required documents.
- Assessment and Approval
Your insurer will review your claim based on the policy terms and assess your eligibility.
- Claim Payout
Upon approval, you’ll receive the lump sum payment to assist with your recovery.
Why Choose Silverstone Financial for TPD Insurance?
When life takes an unexpected turn, we help ensure your financial security doesn’t.
Occupation-Based
Cover Guidance
We explain the differences between ‘own occupation’ and ‘any occupation’ cover — and help choose the right one for your career.
Comprehensive
Financial Planning
We integrate your TPD cover into your broader financial goals, including mortgage, family, and lifestyle planning.
Straightforward
Support
TPD claims can be complex — we simplify every step and advocate on your behalf.
Confidence Through Clarity
No jargon. Just clear, transparent advice that empowers you to make informed decisions.