• Life and TPD

    Protecting your lifestyle and your family’s future
    if you can’t return to your own specialty



  • Life and Total and Permanent Disablement


    When you’ve got a family, the certainty of knowing you’ll be covered is even more important.

    In the event of death, or when an illness or injury permanently prevent you from practising in your own specialty, Avant’s Life and TPD Cover provides a lump sum benefit.

    Things to consider when taking out Life and TPD Cover

    Life Cover benefits and features

    • A lump sum payment to your beneficiary/s upon your death Receive an advance payment of the full death benefit if diagnosed with a terminal illness.
    • An advance payment of up to $25,000 immediately following your death .
    • Choose from an unlimited amount of Life Cover to meet your needs and those of your practice including ‘key person’ and ‘buy-sell’ agreements.
    • Larger cover increases, more often and without the need for medical tests. Increase your insurance cover by up to 25% every year for things such as starting an internship or training program, becoming a fellow, a partner or starting a practice or having children or taking out a mortgage.
    • Should your Life Cover be reduced due to a full claim being paid on a linked TPD or Trauma plan, your Life Cover will be automatically reinstated after only six months.
    • Upgrade guarantee – You won’t miss out on future enhancements to Avant’s Life Cover simply because you chose to protect yourself and your family sooner rather than later.
    • World Wide Cover – Your Life Insurance Cover plan will cover you 24 hours a day, anywhere in the world.

    TPD Cover benefits and features

    • Up to $5 million cover if you can never work in your own specialty again. Ideal for meeting your needs and those of your practice, including ‘key person’ and ‘buy-sell’ agreements.
    • Full benefit paid for occupationally contracted HIV, hepatitis B or C.
    • Up to $500,000 payment if you lose a limb or an eye.
    • Benefits based on your ability to work in your own specialty through to age 70.
    • Larger insurance cover increases, more often and without the need for medical tests. Increase your cover by up to 25% every year for things such as starting an internship or training program, becoming a fellow, a partner or starting a practice or having children, or taking out a mortgage.
    • Should your TPD Cover be reduced due to a full claim being paid on a linked Trauma plan, your TPD Cover will be automatically reinstated after only six months.
    • Upgrade guarantee – You won’t miss out on future enhancements to Avant’s TPD Cover simply because you chose to protect yourself and your family sooner rather than later.
    • World Wide Cover – Your TPD Cover plan will cover you 24 hours a day, anywhere in the world.

    Simple options

    • Choose any amount greater than $50,000 on your Life Cover.
    • Choose between $50,000 and up to $5 million on your TPD cover.
    • Your choice of stepped or level premiums.
    • Option to pay premiums through your self-managed super fund.
    • Future Needs Guarantee (Business) Option – to increase your sum insured for Life or TPD Cover, after a business-related event occurs, without the need to provide updated medical information or details about your pastimes or occupation. This is an additional option of Life and TPD Cover and if chosen, an additional charge will apply.
    • Super Splitting Option – you have the ability to pay part of your premium through your self-managed super fund.
    • A range of ownership options to suit your circumstances including self-ownership, ownership by partners in your practice, another individual, a company or trust.
    • Nominate beneficiaries to receive the benefits in the event of your death.

    Eligibility

    To be eligible for Life or TPD Cover, at the time of application you must be:

    • an Australian resident
    • 20 to 70 years old for Life Cover
    • 20 to 60 years old for TPD Cover
    • a registered medical practitioner.

  • Calculate your insurance needs now >>

  • For full terms, conditions, limitations and eligibility please refer to the relevant Avant Life Insurance Product Disclosure Statement(s) which are available by calling us on 1800 128 268emailing us at avantlife@avant.org.au or schedule an appointment with one of our advisors.
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