Your browser version is no longer supported, so you may experience issues while using this site.
Please upgrade to a current browser to enjoy the best experience.
Total and Permanent Disablement Insurance
Talk to an Adviser about Total and Permanent Disablement Insurance. They can:
Find the best products for your budget and needs
Provide customised advice and keep your insurance up-to-date
Offer a range of products from different insurers, as they are not Asteron Life employees
96% of claims accepted and $112m paid to customers from 1/7/23 - 31/6/24
What is Total and Permanent Disablement Insurance?
Disablement is life changing. Total and Permanent Disablement Insurance can provide a financial injection to help make lifestyle changes if you become totally and permanently disabled due to sickness or injury.
Most people use Total and Permanent Insurance for:
- Paying for their spouse or another family member to take time off work which allows them to provide extra help and support
- Making lifestyle changes e.g. where they live, modifying their home, clearing debt such as credit card, personal loans, mortgage
- Paying for additional costs such as travelling to medical appointments or additional childcare
- Paying off the mortgage or other debt
- Putting towards everyday living expenses as their income often reduces
Total and Permanent Disablement Insurance benefits
Optional benefits you can choose to include:
Lets you cover your kids too.
Covers medical workers who contract Hepatitis B or C or HIV during work.
Lump Sum Support when you need it. Receive this benefit if you suffer any of 29 specified injuries (ranging from broken bones to paralysis). The benefit is payable even if you are still able to continue working. Check the policy document for the full list of injuries and payment periods.
Your wellbeing, our priority
With Asteron Life Connected Care, you’ll have access to leading local and global experts. Get the best medical, mental health and wellbeing advice for you and your family at no extra cost.
Other types of cover
Income Protection can provide a monthly income to help with living expenses if you’re unable to work due to sickness or injury.
Unsure?
Talking to an adviser will help you focus on what’s important to you, and it's even more effective with a little preparation.
Use our handy LifeSnap tool to prepare for your conversation with an adviser so you don't have to think on your feet!
Frequently asked questions
Does this pay me a regular income if I am unable to work?
This type of insurance gives you a one off lump sum payment if you permanently can’t work. If you’re after a regular income you should take a look at Income Protection. This can pay you a portion of your income each month until you can return to work.
Disclaimer: The information provided above is for general information only, it is not financial advice or personalised to your situation. If you would like advice that takes account of your particular situation, please contact your financial adviser. Full details of policy terms and conditions are available from Asteron Life Limited or your financial adviser. Terms, conditions, exclusions and limits apply. If there are differences between the information provided here and the policy document, then the policy document will prevail. Asteron Life Limited and its related companies do not accept any liability in connection with the information provided.