Overview
Minimum entry age |
18 |
|---|---|
Maximum entry age |
60 |
Benefit expiry age |
Policy anniversary after the insured person turns 65 |
Minimum sum insured |
$50,000 |
Maximum sum insured |
$3,000,000 |
Premium types |
Variable age-stepped premium |
Funding options |
TPD Cover is available both inside and outside of super |
TPD definitions available |
Any occupation |
Product structure combinations |
TPD Cover attached to Life Cover |
Key benefits
TPD Cover includes the below key benefits, valuable features, and the ability to add optional benefits.
If cover is purchased inside super, then only the benefits and features marked with an * are available. If cover is purchased outside super, then all benefits and features are available.
All TPD Cover benefits and features are subject to the full terms and conditions outlined within the Encompass Protection PDS.
Total and Permanent Disability Benefit*
Specific Loss Benefit
Valuable features
INDEXATION BENEFIT*
To help ensure cover keeps pace with the cost of living and maintains real value, we automatically increase the TPD Cover sum insured each year by the higher of 3% or the percentage increase in the Consumer Price Index.
FUTURE INCREASE BENEFIT*
The TPD Cover sum insured can be increased after certain specified events without having to provide further medical or health information.
FINANCIAL ADVICE BENEFIT
If we’ve paid a TPD Cover benefit payment, we’ll reimburse up to $5,000 for the cost of a financial plan from a qualified financial adviser.
Optional benefits
In addition to the key benefits and valuable features, under certain circumstances a Disability Premium Waiver Option* and/or Life Cover Buy Back Option* can be added to TPD Cover for an additional cost. See the Encompass Protection PDS for details.