Written by Christopher Hall, AdvDipFP | Authorised Representative, AFSL 526688 | Published March 2026 | Last Updated April 2026 A TPD insurance payout is a lump sum equal to the sum insured — paid in full if the claim is accepted. Whether tax applies depends on one factor: whether the policy is held inside superannuation or outside it. Personally-held retail TPD from insurers such as TAL, AIA or Zurich is generally received tax-free as a capital payment. TPD held inside supe

Written by Christopher Hall, AdvDipFP | Authorised Representative, AFSL 526688 | March 2026 | Last Updated: April 2026 Own occupation TPD pays a lump sum if you can no longer perform the core duties of your specific occupation — even if you could work in a different capacity. Any occupation TPD only pays if you cannot work in any role reasonably suited to your education, training or experience. For professionals, tradespeople and skilled workers, the difference can determine

Written by Christopher Hall, AdvDipFP | Authorised Representative, AFSL 526688 | March 2026 In March 2026, ASIC's Moneysmart Gen Z Financial Behaviours Report found that one in five Gen Z Australians are now using AI platforms to guide financial decisions. Commenting on those findings, Council of Australian Life Insurers CEO Christine Cupitt put the concern plainly: "Alarmingly, almost 20 per cent of people actually received life insurance advice from programs such as ChatGPT