Superannuation and TPD

If you find yourself permanently unable to work for whatever reason, you may be entitled to claim lump sum insurance benefits from a policy of TPD insurance.

You may have TPD insurance coverage attached to your superannuation policy. In some cases, you may not know it is there.

A claim for total and permanent disability is commonly referred to as a TPD claim. Not all superannuation policies have the TPD component, but many do. It is also possible to have a policy of insurance outside of your superannuation, which you have arranged privately.

If you are no longer able to work, you may have an entitlement to a lump sum payment or in some instances an additional temporary income protection entitlement.

We can assist you with these claims.

Refusals, and further investigations

Sometimes further investigations are required to see if you have an entitlement and sometimes the insurer may refuse to make the payment. The refusal is often based on the insurer’s ruling that you may have a residual work capacity and therefore are not totally and permanently disabled. Ultimately, it comes down to the specific definition set out in your specific policy.

These claims can become complicated as medical evidence will need to be obtained and your policy will need to be carefully considered to ascertain whether you are being denied a proper payout.

For further assistance

If you are unsure of your position or have been refused a payout to which you believe you are entitled we, at Southside Legal, can assist you to review your position and strongly represent you if there is a valid claim to be made. We can also assist you to undertake relevant searches to determine whether you may hold a TPD insurance policy that you are not currently aware of. Give us a call today.