Superannuation (TPD) Disability Claims

Every worker in Australia receives Superannuation.

What many people do not know is that they may have additional insurance benefits attached to their policy which provides Insurance Cover for them in the unfortunate event they cannot return to work because of any injury, illness or disability, however or wherever this may have happened

It does not matter if you were injured at work or at home! It is effectively a 24 hour cover of insurance

You could be covered for:

Death Benefit Cover: This is an insurance benefit that provides a lump sum benefit to your beneficiaries nominated in your Superannuation Fund in the event of Death. The way beneficiaries are nominated can effect whether they can or cannot receive a benefit so it is important that youconfirm the position.

Total and Permanent Disablement (TPD): The definition of TPD varies from Fund to Fund. Most TPD definitions refer to “any-occupation” definition and usually arises if you satisfy the following:

• A person has been unable to be gainfully employed for acontinuous period of six(6)months; and
• On the balance of the medical evidence, the Trustee of the Superannuation Fund determines that you are unlikely to ever return to gainful employment for which you are reasonably qualified by reason of your education, training and/or experience.

In recent times we have found that Funds have cleverly sought to change the definitions of TPD across the various Policies and therefore it is very important you know where you stand at all times.

Income Protection or Group Salary Continuance Insurance: This insurance will usually cover a person for up to 75% of their pre-injury earnings subject to certainconditions and satisfaction of a waiting period;

At Koutzoumis Lawyers, we have established an enviable reputation for the knowledge and experience in processing and litigating claims against many Superannuation Funds including but not limited to HESTA, CBUS, REST, Australian Super, AMP and Catholic Superannuation and Retirement Fund, TWU Superannuation, Sun Super, MTAA Super, REST, Comminsure and many others. This experience is invaluable to ensuring our clients get the right advice and outcome.

Contact Us today to discuss your personal situation with one of our friendly Staff. ALWAYS REMEMBER……it costs you absolutely nothing to talk to us about your circumstances.