If you are unable to work due to any illness or injury you may be able to make a total and permanent disability claim with your super fund. ‘Unable to work’ means that you can no longer go back to your usual occupation or any other related work that fits your education, training and experience.
Many Australians with life threatening diseases or terminal illnesses are totally unaware of the financial cover they could receive from their superannuation funds. Any illness that has prevented you from returning to work for a period of 6 months will enable you to submit a TPD claim. The amount payable can be anywhere between $10,000 – $250,000 and sometimes more. You can also claim from multiple super funds in the right circumstances.
A terminal disease is one which cannot be cured and is unlikely to be treated with much success resulting in death, in a relatively short period of time.
Stroke, heartache, diabetes, pancreatic cancer, other cancers, heart disease, HIV/AIDS (there are many more) are all terminal diseases that allow you to make a TPD claim. The money helps with ongoing care and relieves family members and relatives of financial burdens in these stressful times.
The process involved in making a TPD claim is anything but straightforward and super funds are increasingly more reluctant to approve claims unless properly supported with the relevant reports and legal documents. An advantage of making a claim with PK Simpson is the online access and phone contact we provide to people all over Australia. Face to face appointments are not required. We deal with the insurer on your behalf.
Sadly, cases have arisen when claimants have passed away prior to super funds approving claims for terminal illness and disability / TPD. In these situations pay outs go to the estate of the deceased, benefiting those family members left behind. Disability claims can also be made out of the estate of the claimant after he/she has died.
Fortunately, TPD insurance is now a compulsory element of all superannuation funds in Australia.
Contact PK Simpson Superannuation Claims Lawyers today to enquire for yourself or on behalf of a loved one.
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