Total Permanent Disablement

No one ever likes to think this is a scenario they will face but severe injuries or illnesses can and do happen.

TPD insurance provides a lump sum payment if you completely lose your ability to ever work in your current occupation again (or carry on normal tasks is youre not employed). This could be due to a major head injury, permanent blindness or deafness, loss of speech, loss of a limb, dementia, Alzheimers, Parkinsons disease or many other things.

If you have spent years training for a specific career, you may wish to take out TPD insurance in case your accident or illness prevents you from returning to your position and you cant recoup potential lost earnings by retraining or switching jobs.

Generally speaking, TPD is not particularly expensive. So if your chosen career is important to you, talk to Ownit about how you can insure your future earnings.

Insurance Policies


How are insurance advisers paid?

Insurance advisers receive a commission directly from the insurance company when a new customer signs up. The commission rates are roughly the same for each insurer, so it does not sway our decision on which policies to recommend. Our service is free to you.

Can I trust an insurance company to pay out?

Yes. Ownit only deals with the best insurance companies who offer the best policies and coverage. Paying monthly or annual premiums can feel like a waste of money, but should you ever need to make a substantial claim it will be worth every cent. Making sure you have the right insurance in place to begin with is the key to ensuring claims are paid out.

Do I need insurance?

If you have financial obligations (like rent or mortgage repayments) or a family who rely upon you and your income, personal insurance is a smart move. The right level of cover will give you financial security if things go wrong. It will also allow your partner to take time off work so you can be together as a family in difficult times. Your health is your most valuable asset thats worth protecting at any age.

How much information do I need to disclose?

The more detail you can provide to our Ownit advisers and your potential insurer, the better. All medical and personal information is strictly confidential. Full disclosure is the best way to ensure any future claims will be paid.

What does an insurance rating mean?

Each insurance company has a rating which indicates their financial strength, stability and vulnerability to adverse market conditions. This is one factor worth considering when choosing which insurance provider to sign up with.

When should I take out personal insurance?

Insurance companies will always exclude pre-existing conditions so the sooner you take out your policies, the better. Think of it like car insurance if you bring in a banged up car, you wont be insured for the dents and damage that already exist. Similarly, if you suffer a major injury or illness and then try to organise insurance, you will not be covered for that condition.

Q: How do I make a claim?

Just give your Ownit adviser a call and we will make the claim on your behalf to ensure the process runs smoothly for you.

What do our clients think?

  • Katrina

    'A HUGE thanks to you Lorna. You have been such a huge part of the reason that our dream of buying a home has come true, you and Lena have been amazing!! Thanks for being there any evening or weekend when we had questions, and for making such sense of the answers. Thank me for waiting on hold for hours so we didn't have to and for staying calm through the scary bits! Your awesome and I tell everyone that will listen. We made it!
    P.S. thanks for the pizza

    Fantastic team! Lorna is amazing from start to finish has sorted everything for us from a mortgage to all of our insurances and given us great advice, she helped us to finally buy our first home! I love how the experience isn't "just another customer" like at the bank, your personal touches are fab, we loved the pizzas thanks again! We have referred so many people. '

    Katrina Roper

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