Most people think Income Protection and TPD are the same.

They’re not.

Here’s the difference:

Income Protection pays you a monthly benefit if you can’t work due to sickness or injury.

TPD (Total & Permanent Disability) pays a lump sum if you’re never able to return to work again.

So, do they overlap?

Kind of… but not really.

Income Protection kicks in first. It’s about replacing your paycheck so bills get paid and life keeps moving.

TPD is the backup plan. The “life just changed forever” plan.

Think of it this way:

Break your leg badly? You’ll use Income Protection.

Never able to work in your field again? That’s where TPD steps in.

Both matter. Both do different jobs. And having them together covers short-term disruption and long-term protection.