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

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97% 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

Total and permanent disablement cover

Pays a lump sum if you become permanently disabled, including if you can’t return to work because of sickness or injury.

Single loss of limb or eye

Pays 25% of your cover if you lose a limb or an eye.

Financial planning

We will pay for your family to receive professional advice from an approved financial planner. This helps your family decide the best way to use the money they will receive.

Grief support

We will pay to help with the cost of professional grief support during the grieving process.

Total and permanent disablement fast track

For some medical conditions, we pay out quicker so you can get immediate care.

Optional benefits you can choose to include:

Lets you cover your kids too.

We pay your Total and Permanent Disablement premiums if you can’t work more than 10 hours per week due to illness or injury.

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.

Find out more here

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.

Income Protection Insurance

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Simon’s story

Simon Evans had always insisted that Multiple Sclerosis was never going to define him. Thanks to his Income Protection Cover with Asteron Life it never has.

Read Simon’s story

Ready to speak to an adviser?

If you would like to know more about Total and Permanent Disablement Insurance we can put you in touch with an adviser who can explain the different options available.

Speak to an Adviser

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.

Resources and forms

Total and Permanent Disablement Insurance brochure

Total and Permanent Disablement claim form

Request a Personal Insurance Summary

Already a customer?

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.