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Protecting our Members for over 100 years
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Protecting our Members for over 100 years.
Total and Permanent Disablement (TPD) Insurance cover pays a lump sum if you suffer a sickness or injury that leaves you permanently unable to work. This can support you and your family financially.
Think about the things that are vital to you performing your occupation. Do you work with your hands or are you on your feet all day? A permanent injury could impact your ability to do your job.
Peace of mind that we’re there for you and your family when it matters most.
We're a New Zealand owned mutual that's here for our Members, not overseas shareholders.
Our nationwide network of advisers are here to help protect what's important to you.
You can increase your TPD cover following major life events such as marriage, divorce, having a child, death of your spouse, or getting a mortgage - irrespective of your state of health.
Provides a payment up to $15,000 of the TPD sum insured upon death or terminal illness if you do not have a life insurance policy in place, and are not otherwise entitled to claim under your TPD cover.
If the insured person suffers a serious medical condition, is diagnosed as terminally ill, or dies, we will pay up to $3,000 towards grief counselling for the insured person or their close relative.
Provides a payment of 25% of the sum insured up to $30,000 if the insured person suffers the loss of a single limb or eye.
If a child of an insured person passes away, we will pay a benefit of $15k for children aged between 10 and 21 and $2,000 for children under age 10.
If the insured person suffers a specified serous medical condition we can pay the Total and Permanent Disablement benefit straight away.
This option pays a lump sum if you become unable to perform your occupation due to a sickness or injury and are unlikely to ever be able to do so again. This cover is most suited to people in highly trained or specialised occupations.
This option pays a lump sum if you become unable to perform your occupation due to sickness or injury and are unlikely to be able to perform ANY occupation for which you are reasonably suited by education, training, or experience ever again.
Pays a lump sum if you suffer a sickness or injury leading to a permanent inability to undertake full-time domestic duties in your own home. A great option for stay-at-home parents or those responsible for full-time duties in the family home.
You can choose to have TPD cover as a separate benefit, independent of your Life Insurance cover.
You can choose to link your TPD to your Life Insurance. This offers a more affordable option, because it will reduce your Life Insurance sum - there is a buy-back option.
As a mutual our Members are a top priority.
“I love that MAS is member owned, there are great benefits to being a member other than just the insurance.”
- MAS Member
“I think MAS have a refreshing approach to insurance as a service as opposed to a privilege - the company is genuinely interested in assisting with claims.”
MAS Member
“Prices are very competitive with others and their policies are more comprehensive in their coverage - on top of that they put money back into the community.”
“In my 40 years of experience with MAS, 100% of the time claims are paid out quickly and in a considerate way.”
*In the 12 months to 31 March 2024 we paid 98% of all life and income claims received which includes claims that were approved, declined or withdrawn.
This webpage is intended as an information guide only and does not form part of the policy document or any contract with MAS. This webpage does not take into account your own personal financial situation or goals. If you would like more detailed financial advice we can get one of our advisors to contact you. Normal underwriting criteria apply for all insurance products. Special conditions and/or excesses may apply to the situations that meets your specific needs.
Want more information on Total & Permanent Disablement Insurance?