Total and Permanent Disablement (TPD) Insurance
Pays a lump sum if you are unlikely to work again due to a permanent disability. TPD cover can be added to a Term Life policy as an additional benefit or can be provided as a standalone policy.
Provides financial assistance for you to meet the costs of rehabilitation, as well as the financial support to make the necessary lifestyle adjustments. This payment can also be used to cover expenses such as rent or mortgage payments.
Full details of all the features listed below are available in the BT Protection Plans Product Disclosure Statement.
Key features
- Protection against inflation to ensure the value of your benefits keep up with the cost of living
- Guaranteed renewable so you can be certain your policies continue for the term specified
- Guaranteed upgrades so you can be certain that your Policy is still as good in the future as when you first took it out
- Loyalty Benefit to reward you for your loyalty with us
- Worldwide cover - 24 hours a day so we provide peace of mind, regardless of where you are
- TPD Benefit
- TPD Continuation Benefit
- TPD Death Benefit
- Financial Planning Benefit (not available in SuperWrap)
- Counselling Benefit
Optional Features
- Flexible Linking Plus
Other Options you can add
- Needlestick Benefit (not available in Term Life as Superannuation & or SuperWrap)
- Children’s Benefit (not available in Term Life as Superannuation & or SuperWrap)
For more information
For more information on BT Protection Plans, contact your Financial adviser, or call us on 1300 553 764.
Related information
BT Portfolio Services Limited ABN 73 095 055 208, AFSL No. 233715 (BTPS) arranges the issue of the BT Protection Plans (Wrap and Wrap Essentials) by Westpac Life Insurance Services Limited ABN 31 003 149 157, AFSL No. 233728 (Westpac Life).
BTPS administers BT Protection Plans (SuperWrap and SuperWrap Essentials). BT Funds Management Limited (BTFM) ABN 63 002 916 458, AFSL No. 233724, RSE No. L0001090 is the trustee and issuer of SuperWrap and SuperWrap Essentials and Westpac Life is the insurer.
Westpac Banking Corporation ABN 33 007 457 141 is a distributor and is not responsible or liable for payments under BT Protection Plans.
Did you know?
Living Insurance (sometimes referred to as trauma insurance or critical illness) pays a lump sum benefit if you suffer from one of a range of specific medical conditions such as cancer, a heart condition or loss of a limb.
People generally don’t like to dwell on the unpleasant things in life but the “she’ll be right approach” can lead to some big significant problems.
