What Is Life And TPD Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Life and TPD Insurance stands for Life and Total and Permanent Disability Insurance. It is a Life insurance policy that has an add on that would pay a lump sum if the insured person were to become totally and permanently disabled. If this was paid out, the death benefit is usually reduced by the TPD amount paid out.
    Answered on July 21, 2013
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