Dealing with Total Permanent Disability (TPD) can be one of the most challenging experiences of your life. From the physical and emotional impact to the financial strain, navigating the TPD claims process is crucial for securing compensation. However, many people are concerned about the costs o...
In October last year ASIC called on life insurers to address what it termed a “problem with the design” of total and permanent disability
(TPD) insurance.
That problem was the activities of daily living (ADLs) definition. When claims were assessed under this narrow definition, 60% were declined.
The re...
After much advocacy by ClaimRight and others, AIA and Asgard have updated their definitions to be more inclusive. The definition below is a positive leap forward, but we still need to see a broading expansion in line with the WHO definitions.
This is published by Asgard/ AIA
