Total Permanent Disablement definition
Examples of Total Permanent Disablement in a sentence
The above benefits are also payable in case of Total Permanent Disablement (TPD) or Passive War, if selected.
For the avoidance of doubt, where the owner of the Named Vehicle suffers Total Permanent Disablement, Benefit G shall only be payable if the percentage of the Sum Insured payable to the owner of the Named Vehicle for such Total Permanent Disablement is one hundred per cent (100%).
In the event of an Accident involving the Named Vehicle causing an Injury does not result in the death of the Insured Person(s) within three hundred sixty five (365) days from the date of the Accident but results in any of the following losses, the Company will pay the Total Permanent Disablement benefit according to the percentage of the Sum Insured for the relevant type of loss as stated in the Schedule.
The above benefits are also payable in case of Total Permanent Disablement (TPD), if selected by the Contract owner.
We will indemnify You to cover the monthly loan installment amount due and payable under your Mortgage Loan Agreement as a consequence of Accidental Death or Total Permanent Disablement up to a maximum of six (6) monthly installments or the remaining loan balance or the maximum indemnity limit based on the Plan selected, whichever the lowest.