07
Mar

Total And Permanent Disability (TPD) Claims Statistics

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 :

  1. Musculoskeletal 25%
  2. Accident 19%
  3. Mental Health 18%
  4. Cancer 6%
  5. Cardio-vascular 5%
  6. 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.