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Imagine, as a result of a serious injury or illness, you became totally and permanently disabled. The consequences would be not only physical and emotional, but also financial.

Our Total and Permanent Disability (TPD) Cover provides you with a financial safety net in the event you lose your sight or the use of your limbs or are unable to work or live independently ever again.

On acceptance of a claim, we’d pay you a lump sum benefit of up to $1,000,000. This could effectively replace your lost income, allowing you to meet your financial obligations, including the cost of modifications to your home and/or car, debt repayments and long-term living expenses.

What’s covered

TPD Cover can be added as an option to your Life Cover policy. It can pay you a benefit if, as result of sickness or injury, you:

Lose the use of your limbs and/or sight

You totally and permanently lose any of the following:

  • use of both hands
  • use of both feet
  • sight of both eyes (6/60 or less)
  • use of one hand and one foot
  • use of one hand and the sight of one eye
  • use of one foot and the sight of one eye.

Are unable to work

If you are not a homemaker: Due to physical or mental incapacity, you are off work for at least three consecutive months; and unable to ever work again in any occupation for which you are reasonably suited by education, training or experience.

If you are a homemaker: Due to physical or mental incapacity, you are confined to your home and incapable of performing domestic duties for at least three consecutive months; and unable to ever again perform domestic duties or work in any occupation for which you are reasonably suited by education, training or experience.

Cannot live independently

You are permanently unable to perform daily tasks – like showering, dressing, eating, toileting and getting around – without the assistance of someone else or the use of special equipment; or have a cognitive impairment that requires you to be constantly supervised for at least six months.

How much cover can I get?

The following table shows the maximum amount of TPD Cover you can apply for – depending on your age and the amount of Life Cover you have:

Age (next birthday) when cover starts

Maximum benefit amount*

18 – 44

$1,000,000

45 – 54

$750,000

55 – 59

$500,000

* The maximum benefit amount cannot exceed your Budget Direct Life Cover benefit amount. For example, if you were 30 years old and had $750,000 of Life Cover with us, the maximum amount of TPD Cover you could apply for would be $750,000.

...and how much do I need?

You know how much cover we’ll give you, but how much do you actually need?

Use our life insurance calculator to get an indication of how much cover you need

Find out more

The information on this page is a summary only. For more details about Budget Direct’s TPD Cover, including the terms, conditions, limits and exclusions that apply, please read the product disclosure statement.

Get a quote

To apply for TPD Cover, you must be an Australian resident aged between 18 and 59 years (next birthday), and have already purchased Life Cover.

You won’t need to fill out complicated forms or have a medical check-up or blood test.

Get a quote online in 60 seconds or call us on 1800 555 048.

Get a Quote

How to make a claim

If you need to make a claim, we’re here to help you through the process as quickly, efficiently and compassionately as we can.

Make a claim on your TPD Cover life insurance policy

Frequently asked questions

I’ve got Trauma Cover – why would I need TPD Cover as well?

Trauma Cover pays out for specified serious illnesses, such as cancer, regardless of whether you are eventually able to return to work. However, if you suffered a musculoskeletal injury, say, that left you totally and permanently disabled, it would not be covered under your Trauma Cover policy.

Can I increase my TPD benefit amount?

Yes – provided the increased amount does not exceed your Budget Direct Life Cover benefit amount. Your age at the time you apply for the increase will be used to determine the maximum benefit amount you’re eligible for (rather than your age when your cover originally started).

How long am I covered for?

We guarantee to renew your TPD Cover until the policy anniversary following your 65th birthday (unless your cover ends sooner, for example if you make a policy-ending claim).

See all life insurance FAQs

Want more cover?

TPD Cover does not protect you against every event that could result in you being unable to work and earn an income.

As well as considering TPD Cover, you may wish to look into our other types of life insurance.

Compare different types of life insurance cover

Get a life insurance quote online in 60 seconds, or call 1800 555 048.

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Get a 10% Existing Customer Discount

A 10% existing customer discount for new Budget Direct Life Insurance policies.

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