Going from being perfectly abled to suddenly being in chronic pain or disability can be a difficult experience for anyone.
You might be stuck at home, unable to return to work and you’re being bombarded with different types of insurance products, you just don’t know which one is relevant to you.
Perhaps you’ve heard the term TPD.
What is TPD
TPD is a total and permanent disability claim which entitles you to payment of a lump sum if you have experienced an injury or illness. A TPD benefit payment can be really useful and help you fund any extra medical bills, house repayments, food, utilities or any of your daily expenses.
However, it is not for temporary illnesses or temporary injuries. TPD is specifically for injuries or illnesses that prevent you from returning to work in the same capacity.
Sounds a bit technical? Let us explain. If solely because of an illness of injury you have suffered impairment and as a result cannot work in any occupation that you are reasonably suited to work in by training, education or experience, that you are likely to have an eligible TPD claim. However, there are finer details to be considered.
The finer details often depend on the policy under your superannuation cover. It’s important to ask your provider for the policy details.
Am I Eligible To Make A Claim?
To assess your eligibility, we will need to determine a few things. It depends on the requirements specified in your insurance policy as determined by your insurer or super fund.
The criteria and specifications may vary depending on the insurer, but often they include things like:
- Level of disability – Before making a TPD claim, you need to prove your level of disability with medical documents
- The level of cover on your super fund – Whether or not you can lodge a TPD claim is also dependant on whether cover is included in your superannuation policy
- Employment – Some policies require you to show a minimum length of employment before you can apply for TPD payout. This could be in the form of total length of lifetime employment or weekly hours. It depends on the requirements of your super account.
You may experience some waiting periods. To find out more about all the requirements you need to meet before applying for TPD, talk to the compensation experts at Shaheen Legal. We will guide you throughout the whole process and get you the compensation that you need.
Are you unsure whether you have TPD cover? Still want to read more?
Read our next blog Do I have TPD Cover? How to find out
