{"id":3008,"date":"2021-08-16T22:29:05","date_gmt":"2021-08-16T10:29:05","guid":{"rendered":"https:\/\/wisdom8.co.nz\/personal-insurance\/total-and-permanent-disability-cover-tpd\/"},"modified":"2021-08-24T00:24:02","modified_gmt":"2021-08-23T12:24:02","slug":"total-and-permanent-disability-cover","status":"publish","type":"page","link":"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/","title":{"rendered":"Total & Permanent Disability Cover"},"content":{"rendered":"

[et_pb_section fb_built=”1″ _builder_version=”4.9.10″ background_image=”https:\/\/wisdom8.co.nz\/wp-content\/uploads\/2021\/08\/332132744-w.jpg” parallax=”on” parallax_method=”off”][et_pb_row column_structure=”2_3,1_3″ _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”2_3″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Header” _builder_version=”4.9.10″ header_font=”|700|||||||” header_text_align=”left” header_4_text_align=”left” background_size=”initial” background_position=”top_left” background_repeat=”repeat” module_alignment=”center”]<\/p>\n

Total & Permanent Disability Cover<\/h1>\n

Provides a lump sum if your illness develops to the extent that you\u2019ll never work again.<\/h5>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_5,3_5,1_5″ _builder_version=”4.9.10″ _module_preset=”default”][et_pb_column type=”1_5″ _builder_version=”4.9.10″ _module_preset=”default”][et_pb_sidebar area=”et_pb_widget_area_8″ admin_label=”Personal Insurance menu” _builder_version=”4.9.10″ _module_preset=”default” border_color_all=”RGBA(0,0,0,0)” global_module=”3102″][\/et_pb_sidebar][\/et_pb_column][et_pb_column type=”3_5″ _builder_version=”4.9.10″ _module_preset=”default”][et_pb_text admin_label=”text” module_id=”life-cover” _builder_version=”4.9.10″ background_color=”rgba(255,255,255,0.7)” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”30px|50px|30px|50px|true|true” hover_enabled=”0″ sticky_enabled=”0″]<\/p>\n

Total & Permanent Disability (TPD) cover provides a lump sum in the event that your illness or disability worsens to the extent that you’re unlikely ever to work again. <\/strong><\/h4>\n

This lump sum, as with Trauma cover, can be used for number of purposes such as the clearing of debt, replacement income top-up, or to pre-fund retirement or children’s education funds. This can give a great deal of financial flexibility, whilst many choose a sum equal to one year\u2019s earnings.<\/p>\n

TPD cover is the cheapest of insurances, as the chances of this happening are very low. The impact on your financial situation in the event that this should occur however, is usually far worse than if the individual had died outright, as it creates a major upheaval and loss of earnings not just for the person afflicted, but also for the other partner, as they will invariably need to take an extended break from work to provide assistance. Even with the payment of benefits under Income Cover, a prolonged period of this situation could have a serious negative impact on your financial position.<\/p>\n

These products can all be accelerated or stand-alone off the Life Cover.<\/p><\/blockquote>\n

[\/et_pb_text][et_pb_text admin_label=”Stepped Premiums and Level Premiums” module_id=”life-cover” _builder_version=”4.9.10″ background_color=”rgba(255,255,255,0.7)” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”40px|50px|40px|50px|false|false” global_module=”3225″ saved_tabs=”all”]<\/p>\n

What are Stepped Premiums and Level Premiums?<\/strong><\/h4>\n\n\n\n\n
\"\"<\/td>\nStepped Premiums<\/strong>
\nIncrease annually as you get older, but usually start cheaper.
\nTo cover short or medium term needs.<\/td>\n<\/tr>\n
\"\"<\/td>\nLevel Premiums<\/strong>
\nDon’t increase as you get older but usually start higher.
\nTo cover long term needs.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The plan details will vary from insurance company, please refer to the policy wording of the cover.<\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.9.10″ _module_preset=”default”][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.9.10″ background_enable_image=”off”][et_pb_fullwidth_header title=”Talk to our Financial Adviser for more details” text_orientation=”center” button_one_text=”Contact us” button_one_url=”https:\/\/wisdom8.co.nz\/en\/contact-us\/” _builder_version=”4.9.10″ title_font=”|700|||||||” title_text_align=”center” background_color=”rgba(0,0,0,0)” background_image=”https:\/\/wisdom8.co.nz\/wp-content\/uploads\/2021\/08\/321484059-w2.jpg” parallax=”on” custom_button_one=”on” background_layout=”light”][\/et_pb_fullwidth_header][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

Total & Permanent Disability Cover Provides a lump sum if your illness develops to the extent that you\u2019ll never work again. Life Cover Trauma or Critical Illness Cover Total & Permanent Disability Cover Income or Mortgage Protection Medical Insurance Total & Permanent Disability (TPD) cover provides a lump sum in the event that your illness […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1637,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":""},"yoast_head":"\nTotal & Permanent Disability Cover - \u667a\u6167\u4fdd\u9669 Wisdom8 | Wisdom Management LTD<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Total & Permanent Disability Cover - \u667a\u6167\u4fdd\u9669 Wisdom8 | Wisdom Management LTD\" \/>\n<meta property=\"og:description\" content=\"Total & Permanent Disability Cover Provides a lump sum if your illness develops to the extent that you\u2019ll never work again. Life Cover Trauma or Critical Illness Cover Total & Permanent Disability Cover Income or Mortgage Protection Medical Insurance Total & Permanent Disability (TPD) cover provides a lump sum in the event that your illness […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/\" \/>\n<meta property=\"og:site_name\" content=\"\u667a\u6167\u4fdd\u9669 Wisdom8 | Wisdom Management LTD\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-23T12:24:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wisdom8.co.nz\/wp-content\/uploads\/2021\/08\/icon-stepped.png\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wisdom8.co.nz\/#website\",\"url\":\"https:\/\/wisdom8.co.nz\/\",\"name\":\"\\u667a\\u6167\\u4fdd\\u9669 Wisdom8 | Wisdom Management LTD\",\"description\":\"\\u4e13\\u4e1a\\u4eba\\u5bff\\u4e0e\\u533b\\u7597\\u4fdd\\u9669\\u987e\\u95ee\\u56e2\\u961f\\uff0c\\u4eba\\u751f\\u98ce\\u9669\\u7ba1\\u7406 Financial Advisers Auckland\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wisdom8.co.nz\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/wisdom8.co.nz\/wp-content\/uploads\/2021\/08\/icon-stepped.png\",\"contentUrl\":\"https:\/\/wisdom8.co.nz\/wp-content\/uploads\/2021\/08\/icon-stepped.png\",\"width\":99,\"height\":99},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/#webpage\",\"url\":\"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/\",\"name\":\"Total & Permanent Disability Cover - \\u667a\\u6167\\u4fdd\\u9669 Wisdom8 | Wisdom Management LTD\",\"isPartOf\":{\"@id\":\"https:\/\/wisdom8.co.nz\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/#primaryimage\"},\"datePublished\":\"2021-08-16T10:29:05+00:00\",\"dateModified\":\"2021-08-23T12:24:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wisdom8.co.nz\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Personal Insurance\",\"item\":\"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Total & Permanent Disability Cover\"}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Total & Permanent Disability Cover - \u667a\u6167\u4fdd\u9669 Wisdom8 | Wisdom Management LTD","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/","og_locale":"en_US","og_type":"article","og_title":"Total & Permanent Disability Cover - \u667a\u6167\u4fdd\u9669 Wisdom8 | Wisdom Management LTD","og_description":"Total & Permanent Disability Cover Provides a lump sum if your illness develops to the extent that you\u2019ll never work again. Life Cover Trauma or Critical Illness Cover Total & Permanent Disability Cover Income or Mortgage Protection Medical Insurance Total & Permanent Disability (TPD) cover provides a lump sum in the event that your illness […]","og_url":"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/","og_site_name":"\u667a\u6167\u4fdd\u9669 Wisdom8 | Wisdom Management LTD","article_modified_time":"2021-08-23T12:24:02+00:00","og_image":[{"url":"https:\/\/wisdom8.co.nz\/wp-content\/uploads\/2021\/08\/icon-stepped.png"}],"twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/wisdom8.co.nz\/#website","url":"https:\/\/wisdom8.co.nz\/","name":"\u667a\u6167\u4fdd\u9669 Wisdom8 | Wisdom Management LTD","description":"\u4e13\u4e1a\u4eba\u5bff\u4e0e\u533b\u7597\u4fdd\u9669\u987e\u95ee\u56e2\u961f\uff0c\u4eba\u751f\u98ce\u9669\u7ba1\u7406 Financial Advisers Auckland","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wisdom8.co.nz\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/#primaryimage","inLanguage":"en-US","url":"https:\/\/wisdom8.co.nz\/wp-content\/uploads\/2021\/08\/icon-stepped.png","contentUrl":"https:\/\/wisdom8.co.nz\/wp-content\/uploads\/2021\/08\/icon-stepped.png","width":99,"height":99},{"@type":"WebPage","@id":"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/#webpage","url":"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/","name":"Total & Permanent Disability Cover - \u667a\u6167\u4fdd\u9669 Wisdom8 | Wisdom Management LTD","isPartOf":{"@id":"https:\/\/wisdom8.co.nz\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/#primaryimage"},"datePublished":"2021-08-16T10:29:05+00:00","dateModified":"2021-08-23T12:24:02+00:00","breadcrumb":{"@id":"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/total-and-permanent-disability-cover\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wisdom8.co.nz\/en\/"},{"@type":"ListItem","position":2,"name":"Personal Insurance","item":"https:\/\/wisdom8.co.nz\/en\/personal-insurance\/"},{"@type":"ListItem","position":3,"name":"Total & Permanent Disability Cover"}]}]}},"_links":{"self":[{"href":"https:\/\/wisdom8.co.nz\/en\/wp-json\/wp\/v2\/pages\/3008"}],"collection":[{"href":"https:\/\/wisdom8.co.nz\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/wisdom8.co.nz\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/wisdom8.co.nz\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wisdom8.co.nz\/en\/wp-json\/wp\/v2\/comments?post=3008"}],"version-history":[{"count":13,"href":"https:\/\/wisdom8.co.nz\/en\/wp-json\/wp\/v2\/pages\/3008\/revisions"}],"predecessor-version":[{"id":3440,"href":"https:\/\/wisdom8.co.nz\/en\/wp-json\/wp\/v2\/pages\/3008\/revisions\/3440"}],"up":[{"embeddable":true,"href":"https:\/\/wisdom8.co.nz\/en\/wp-json\/wp\/v2\/pages\/1637"}],"wp:attachment":[{"href":"https:\/\/wisdom8.co.nz\/en\/wp-json\/wp\/v2\/media?parent=3008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}