If a person fails to work due to his illness or injury, he becomes qualified for a TPD or total or permanent disability claim via his superannuation fund. When people make TPD claims, they claim a lump sum amount that accompanies the balance of their superannuation fund. Though countless Australians are still unaware that they are qualified for this lump sum, it can turn into a lifeline if they can’t resume their work. Nonetheless, people should be conscious of some pitfalls, too, as well as the steps they can take to get their claim sanctioned quickly.
Who’s eligible for making TPD claims?
A person might become qualified for making a TPD claim if he suffers an illness or injury that does not allow him to work normally. However, for making TPD claims, a person must not sustain work-related injury only as some other injuries to become eligible for a TPD claim, and these injuries are:
- Chronic illnesses.
- Heart attack.
- Sports injuries.
- Injuries due to a car accident.
- Injuries that people sustain at their homes.
The TPD lawyers assist their clients with some psychological illnesses like PTSD, anxiety, schizophrenia, bipolar disorder, and depression.
People become qualified for making TPD insurance claims when:
- They have got TPD insurance cover, and many super funds include TPD insurance automatically.
- They can show that they can’t continue their normal job or other jobs connected to their training, education, and experience.
The time a TPD claim takes
Commonly, a TPD claim takes between six and twelve months to get finalized. Every insurance company assesses a TPD claim within six months only. However, if a claim is a pretty straightforward one, then it becomes finalized in a short period. Contrarily, cases that seem complicated take more than six months to get resolved. When the insurance companies make their decisions on TPD claims, then the trustees too should make their individual assessment, and this process gets over between one or a couple of months.
The working of the TPD claims
To make TPD claims, a person needs to make detailed submissions. The TPD lawyers require signed certificates from the medical physicians. These lawyers might refer to him for further medical opinions so that they can substantiate his claim. All TPD insurance claims should be dealt with utmost care. Based on the deceased as well as his family’s situation and the intricacies of the insurance policy as well as the cooperation from the involved superannuation fund, the filing for all TPD claims differ greatly.
The most important thing is TPD claims are processed on a no-fee and no-win basis. Every TPD lawyer seems to be well-experienced, which is why he can handle the difficulties of TPD claims. These lawyers know that the entire process becomes emotionally draining as well as stressful for the victim and his family. And this is the reason these lawyers commit themselves to providing the victims with the necessary guidance and assistance they naturally need.
The good policy
TPD is the abbreviation for total and permanent disability, and this policy provides every person with good pay if he fails to work because of his illness or injury. When a person suffers from superannuation, he becomes qualified for TPD insurance. Every TPD lawyer works closely to accumulate every piece of information and documentation for initiating the TPD claims, like hospital records, medical reports, and other relevant proof that would support the claim.
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