If a person is unable to work for any reason, their superannuation fund can be accessed to financially provide for the future. In order to claim for Total & Permanent Disability (TPD), a person must be unable to work, and unlike other compensations, it is not necessary to prove that the injury or illness was work related, or indeed that a third party was responsible. If you are planning to claim for TPD, it is crucial that you first consult with an experienced superannuation lawyer, as this person would help you to put together a strong case.
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What Are the Requirements?
In order to make a claim for TPD, a person must:
✓ Have an insurance policy in place on the date that work ceased.
✓ Be under the age of 65 at the time work ceased.
✓ Be unable to work in the related field they were trained for.
In order to maximise the chances of success, TPD insurance claims should be handled by experienced lawyers, and such a law firm can easily be located with an online search. Once you have made contact, the lawyer would be happy to give you a free initial assessment, which will tell you what the professional opinion is regarding the chances of the claim being successful.
Building the Claim
The lawyer would want to see all medical reports, X-rays and any other data that he or she might think relevant, and with your help, a strong case will be put together. This would also involve obtaining specific documentation from previous employers, which your lawyer would handle. The lawyer would then contact the superannuation fund manager and request the TPD claim forms on your behalf, and with their expertise, your claim can be presented to the relevant people. For more detailed information on the requirements for making a TPD claim, you can refer to informative articles online on the subject.
No Win No Fee
From the claimant’s point of view, this is ideal, and should the lawyer feel you have a strong case, they would be happy to work on a “no win, no fee” basis. Many people who are unable to work, are reluctant to pursue an insurance claim, for fear of very high legal costs, but with a no win no fee system, you can be sure that you won’t be facing a huge legal bill for a failed claim.
The amount a person would receive would very much depend on the terms and conditions of their insurance policy, which could vary quite a bit. If you are in any doubt (the information should be in the policy small print) then ask your lawyer to investigate and he or she will be able to give you a ballpark figure of what you can expect, should the claim be successful.
There are specialised law firms that are dedicated to helping people with TPD claims and with a “no win no fee policy”, there’s nothing to lose and everything to gain by seeking compensation.