A large life insurer recently released statistics showing the main conditions that have led to a TPD insurance policy claim. The main conditions and the percentages of claims from those conditions are shown below :
- Musculoskeletal 25%
- Accident 19%
- Mental Health 18%
- Cancer 6%
- Cardio-vascular 5%
- All other conditions 27%
Information supplied by CommInsure, a registered business name of The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA). CMLA is a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124. Current as at February 2019.