Total Permanent Disablement (TPD) insurance pays you a lump sum if you become permanently unable to work due to illness or injury. It gives you financial security when your ability to earn has gone for good.
From your first conversation right through to completion, Finnovo Finance makes the process smooth and stress-free.
A lump sum if you're permanently unable to work in your own or any occupation.
Pay off your mortgage so your family keeps the family home.
Cover the cost of long-term medical care, modifications to your home or specialist equipment.
Ensure your children's education and your family's living costs are covered.
We explain the critical difference and recommend the right definition for your situation.
We compare TPD cover across multiple insurers to find the best terms.
Book a free, no-obligation consultation. We'll assess your situation and show you exactly what's possible.
We assess your occupation, income, debts and family situation.
We walk you through own occupation vs any occupation definitions — this matters enormously.
We compare TPD cover across multiple insurers.
We manage the application and get your cover in place.
Own occupation pays if you can't do your specific job. Any occupation pays only if you can't work in any job at all. Own occupation is broader protection but costs more. We'll recommend what suits your situation.
Income protection pays a monthly benefit while you're off work and potentially recovering. TPD pays a one-off lump sum only when disablement is deemed permanent. Many clients hold both — income protection for short to medium term, TPD for the permanent scenario.
In New Zealand TPD is typically held outside KiwiSaver as a standalone policy, though some employer group schemes may include it. We'll check what you already have.
Our insurance advice is completely free — insurers pay us a commission when your policy is placed. There is no cost to you for advice or the application.
Book a free, no-obligation chat with our team today.
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