Video TPD Severity Question and Answer session with Marshall Ross
Register to attend our TPD Severity product launch questions and answer session with Marshall Ross
TPD Severity: A Smarter way to protect your clients
Take life on with confidence
Industry-wide, Total and Permanent Disability (TPD) claims have risen sharply in recent years. At Acenda, we recognise this has created challenges for both you and your clients. As the nature of work evolves, medical technology advances, and societal attitudes shift, we believe it’s time to critically reassess TPD cover, and develop insurance solutions for today’s modern workforce.
Introducing TPD Severity - built for today’s realities, this innovative option gives financial advisers a flexible wide range of choice and an affordable way to structure TPD protection.
Whether you’re creating strategies to provide the right level of protection for the right price, tailoring cover that fits their life stages, or helping clients manage rising premiums, TPD Severity offers a modern solution that blends seamlessly with existing TPD products.
Discover how TPD Severity can help you deliver better value for your clients.
What is TPD Severity?
TPD Severity is a new, flexible insurance option that complements our existing TPD cover by introducing objective medical benchmarks to assess claims - PIRS (Psychiatric Impairment Rating Scale) and WPI (Whole Person Impairment). TPD Severity allows clients to split their benefit between standard TPD cover (Own or Any Occupation) and TPD Severity, making premiums more affordable while still offering meaningful protection.
A new era of TPD protection that helps your clients Take Life On
What are the features of TPD Severity?
Affordable
With TPD Severity, the sum insured your client needs is now within reach.
TPD Severity is an option that clients can take up that will make their cover more cost effective. If a client has affordability concerns about the amount of TPD Any/Own Occupation they require, they can allocate a portion of that cover to TPD Severity to reduce the overall premium amount.
Customisable
Mix and match Any Occupation, Own Occupation, and TPD Severity to shape cover that suits your clients’ needs and budgets.
Clients can individually structure their benefit amount, having varying proportions of the benefit amount across TPD Any / Own Occupation and TPD Severity that suits their personal protection circumstances and affordability.
Objective
Backed by medicine, built for fairness – TPD Severity relies on more objective medical scales to assess claims.
Once Maximum Medical Improvement has been reached, TPD Severity uses clinical benchmarks PIRS (Psychiatric Impairment Rating Scale) and WPI (Whole Person Impairment) to assess claims. Clients must receive a 30% or more WPI rating or greater than 30% PIRS rating for claims to be paid.
Your TPD Severity Adviser Toolkit
Our toolkit simplifies the conversation around TPD Severity, helping you confidently articulate client needs, explain cover options, and tailor advice to suit their circumstances. Packed with practical resources, videos, and client-ready flyers, it’s designed to support better outcomes for your clients.
Download now!
Watch our TPD educational content:
Talk to a BDM
Your Acenda BDM is always available for technical support and product expertise, helping you grow your business and create deeper, lasting, valuable relationships with your clients.
If you have any questions about TPD Severity, please don’t hesitate to contact your BDM or call us on 13 65 22 – Monday to Friday, 8.30am to 6pm (AEST/AEDT).