Insurance brokers operate on behalf of their customers. Insurance brokers understand both the potential risks that an individual or business may face and also the various insurance policy options and insurance providers that exist across the market.

Insurance brokers can help customers with hard to place risks to find an insurance provider that can meet their needs.

Insurance Brokers work for the customer and are independent of the insurers that they engage with on behalf of their clients. Insurance Brokers work for their customers and have their customers' best interests at heart. Insurance Brokers do not work for the insurer. Insurance Brokers help their clients to find and source available insurance that matches their needs and requirements.

Insurance brokers help clients to reduce their risk by sourcing and matching their clients with appropriate insurance products. Insurance brokers work for their customers. Insurance brokers focus on understanding their customers' risks and exposure and their insurance requirements.

With almost 4000 Australian Insurance Brokers on Advisr, Advisr is the best place to find an insurance broker right for you. Asking for recommendations from others in your industry or area is a good place to start in looking for an insurance broker. You can search for that insurance broker on Advisr by name.

You can also search for an insurance broker by the type of insurance you need (insurance category), by your industry or by location depending on what is most critical to you. You can learn more about what a broker is like to work with by reading customer reviews left on Advisr. Educating yourself and reading articles by insurance brokers that explain different insurance lines, or dissect exposure to risk in different industries also helps you to find and select an insurance broker that understands your business or personal risk. We have hundreds of articles on Advisr to help you understand your insurance needs and find an insurance broker right for you.

TPD Insurance, also called Total and Permanent Disability Insurance, provides cover for when you become permanently disabled due to illness or injury. Definitions of Total and Permanent Disability vary from insurer to insurer.

TPD Insurance is designed to provide financial support in the case that you are unable to continue in your occupation and earn an income. You may choose to use this financial support for medical and rehabilitation treatment, paying of debts, general living expenses and saving for the future.

TPD insurance may cover you for either being unable to work in your current occupation, or you may choose to cover yourself for if you are unable to work in any occupation suited to your training, skills and experience. The type of cover you choose will impact the cost of the premium as well as the definition of total and permanent disability. You should be careful to ensure you have set your level of cover high enough to cover your ongoing expenses should you become totally and permanently disabled.

Types of insurance that you may also consider alongside TPD Insurance include Workers Compensation, Life, Trauma, Income Protection and Claim.

Talk to an insurance broker specialising in TPD Insurance to find out if you need TPD Insurance.

The cost of your TPD Insurance depends on various factors, but is directly related to the lump sum amount for which you are insured. Other factors that impact the cost of TPD include:

• your age
• medical history
• family history
• lifestyle choices including smoking and participation in dangerous hobbies
• your job

The cost of your TPD Insurance also depends on how you structure it and what type of cover you choose. For example:

• whether your cover is for your current occupation or all occupations
• whether you obtain your TPD insurance through your Super or not
• if it is packaged with Life Cover Insurance
• whether the cover is structured to increase in cost over time
• the inclusions and exclusions of the policy
• which insurer you choose

Be sure to speak to an Insurance Broker with experience in TPD Insurance to make sure that you purchase a policy that suits your unique set of circumstances.

Using an Insurance Broker for your TPD Insurance ensures that you have managed your unique risks. Every person is different and an insurance broker can help by assessing your specific risk profile and providing advice on the best TPD insurance cover for you.

An insurance broker is able to compare policies from different TPD insurers.

An insurance broker will also help when it comes time to claim, advocating for you to negotiate the best outcome in the settlement of your claim with the insurer. So whether you work in a high risk environment or know that your family would need financial assistance if you suffered a permanent illness or injury, your Insurance Broker can assist you to find the best TPD cover for you.

Advisr has 91 insurance brokers and 40 insurance brokerages specialising in TPD Insurance. To find the right insurance broker who specialises in TPD Insurance, check out this page for specialist TPD Insurance Brokers.

• Read real customer reviews to learn more about them
• Educate yourself about TPD Insurance by reading articles written by insurance brokers that explain TPD Insurance
• Ask friends or colleagues to refer their TPD Insurance broker to you and look them up on Advisr to read their reviews and connect with them.

Advisr is built to help you understand your insurance needs and find an insurance broker that is right for you.

Life Insurance is an insurance policy taken out with an insurer to pay out a specified sum to a designated beneficiary upon the death of the policy holder.

The cost of life insurance will depend on the amount your life is insured for. It will also depend on a number of other factors such as:

• your age
• your gender
• your medical history and pre-existing conditions
• your lifestyle, including smoking
• your occupation

The cost of your life insurance will also depend on factors that are more under your control such as:

• the insurer you choose
• how you choose to pay, eg. annual versus monthly
• if you bundle the policy with any other policies

An insurance broker with experience in life insurance can help you to find the level and structure of cover that is right for you.

Life insurance may provide a lump sum payment to a nominated beneficiary on the occasion of the death of the policy holder.

A standard Life Cover Insurance policy does not cover costs to do with permanent disability or critical illness such as rehabilitation costs, treatment costs or loss of income. Insurance policies such as TPD, Trauma Insurance and Income Protection are the insurance policies associated with disability and critical illness, and they may be referred to as types of life insurance. 

A life insurance broker is able to help you select a life insurance policy that is right for you. A good life insurance broker will take the time to understand your personal situation and use that understanding to recommend one or more life insurance policies from a range of different insurers.

Life insurance brokers also have access to a range of more complex life insurance products to choose from. Working with a life insurance broker may provide you with the optimal level of cover for your unique situation.

Trauma Insurance and Total and Permanent Disability Insurance, or TPD, can be easily confused but they are different types of insurance covering you for different events.

The key is the word "permanent" in TPD. TPD insurance covers you for a situation where you are impacted by an illness or injury that is permanent, you won't recover. This will have an ongoing impact on your ability to work or even look after yourself physically. In this case, TPD insurance may be applicable to your situation.

Trauma Insurance, on the other hand, is generally applicable to a situation where you will be able to make a significant recovery following an illness or injury. Trauma insurance is designed to help with the financial burden of this recovery and make the path back to work easier.

Trauma Insurance provides cover for when you are impacted by a serious illness or injury which usually require extensive medical treatment and may prevent you from working. Illnesses and injuries included in "Trauma" vary from insurer to insurer.

Trauma Insurance is paid out as a lump sum and is designed to provide financial support to help you manage your costs of living and treatment while you are recovering. You may choose to use this financial support for medical and rehabilitation treatment, paying of debts, general living expenses, home modifications or even saving for the future.

Trauma insurance generally covers major and debilitating illness or injury that requires extensive treatment to recover. Some examples of illness or injury that are covered by Trauma Insurance include:

• head injury
• organ transplant
• some types of cancer
• blindness
• burns
• heart conditions
• stroke

Different policies will cover different illnesses or injuries, and for any illness or injury you will need to pass the severity criteria specified by your policy to be eligible for payment. Mental Illness is generally not covered by Trauma Insurance. 

You should be careful to ensure you have set your level of cover high enough to cover your ongoing expenses should you become critically ill. Types of insurance that you may also consider alongside TPD Insurance include Workers Compensation, Life, Trauma, Income Protection and Claim.

Talk to an insurance broker specialising in TPD Insurance to find out if you need TPD Insurance.

The cost of your Trauma Insurance depends on various factors, but is directly related to the lump sum amount for which you are insured. Other factors that impact the cost of Trauma Insurance include:

• your age
• medical history
• lifestyle choices including smoking
• your job

The cost of your Trauma Insurance also depends on how you structure it and what type of cover you choose. For example:

• how much you are insured for
• if it is packaged with other Insurances such as income protection or life insurance
• whether the cover is structured to increase in cost over time (Stepped or Level)
• if you add inflation protection
• the Trauma definitions in the policy
• which insurer you choose

Be sure to speak to an Insurance Broker with experience in Trauma Insurance to make sure that you purchase a policy that suits your unique set of circumstances.

Using an Insurance Broker for your Trauma Insurance ensures that you have managed your unique risks. Every person is different and an insurance broker can help by assessing your specific risk profile and providing advice on the best Trauma insurance cover for you.

An insurance broker is able to compare policies from different Trauma insurers.

An insurance broker will also help when it comes time to claim, advocating for you to negotiate the best outcome in the settlement of your claim with the insurer. So whether you work in a high risk environment or know that your family would need financial assistance if you suffered a debilitating illness or injury, your Insurance Broker can assist you to find the best Trauma cover for you.

Workers Compensation Insurance is a compulsory form of insurance that employers need to hold to cover their employees in the case of a work-related injury or illness. The rules and regulations around Workers Compensation are determined on a state by state basis and differ as a result.

Workers Compensation Insurance covers employees, whether full-time, part-time, contractual, permanent, temporary or apprentice, in the case that they suffer a work-related illness or injury.

Workers Compensation Insurance may cover the worker for medical treatment and rehabilitation costs, provide a weekly payment and/or provide a lump sum payment for a permanent impairment. This depends on the nature of the injury or illness, the needs of the worker and the terms and conditions of the scheme.

The cost of Workers Compensation Insurance will vary based on the Scheme for the state. Generally the cost of the premium will depend on factors such as:

• the wages you pay your employees
• your number of employees
• your claims history
• your industry

Using an Insurance Broker for your Workers Compensation insurance helps you to secure adequate protection for your employees.

Every business is different and an insurance broker who is familiar with the Workers Compensation Scheme in your state can help by assessing your unique business risk profile and ensuring your Workers Compensation Insurance is set up corrrectly. An insurance broker can also help when it comes time to claim.

So whether you run a fishing charter in WA or an IT service business in Brisbane, your Insurance Broker can assist you to be covered.