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Insurance in super ill-suited for mental health conditions

ASIC found that TPD insurance isn't delivering for mental health claimants Need to know A recent ASIC report has found people claiming total and permanent disability (TPD) insurance for mental health conditions through their superannuation faced poor outcomes Those working in the field say it's extremely difficult for a mental health claimant to succeed where [...]

By |2020-08-04T02:02:35+00:00August 4th, 2020|PK Simpson Blog, Uncategorised|Comments Off on Insurance in super ill-suited for mental health conditions

How Do I Get a Full TPD Payout?

A TPD benefit is a lump payment paid out to members when they can prove they are unable to work in their usual occupation up until retirement age. Many people stop working and have no idea they are eligible. The Usual Superannuation TPD insurance policy Superannuation funds don’t promote TPD benefits or call their [...]

By |2020-07-15T04:03:05+00:00June 25th, 2020|PK Simpson Blog|Comments Off on How Do I Get a Full TPD Payout?