In the realm of Total and Permanent Disability (TPD) insurance, policyholders often wonder about the possibility of successfully claiming TPD benefits from multiple policies. This question gains prominence when individuals hold several TPD policies, whether through different insurers or diverse financial arrangements. Today, we delve into this complex subject to provide clarity on the potential for successfully claiming TPD benefits on multiple policies, considering the implications of TPD cover, examining the role of insurance premiums, and exploring scenarios involving multiple super funds ..read more

Getting sick or injured is never fun, but knowing that you can claim a lump sum payout to pay your medical and rehabilitation bills can be a relief. A total permanent disability (TPD) can give you access to this sum if you have the insurance policy and qualify. You might have heard the phrase TPD from your insurer or lawyer when you got sick and wondered: “What does total and permanent disability mean?”. TPD does not always mean what people think. In this article, we will answer all of your questions about the definition of total permanent disability in Australia. If you discover you qualify ..read more

To have a successful TPD insurance claim, you must satisfy the TPD definition of your Total and Permanent Disability insurance policy. TPD policy terms and conditions vary between insurance providers and superannuation funds. However, one universal requirement is that you must have a serious illness or injury that stops you from working in your regular occupation, or (in most cases) one for which you have training or experience. Most working Australians have TPD cover through their superannuation fund. But some have a stand-alone policy. Regardless of how you buy TPD insurance, a successful i ..read more

Life Insurance vs. Income Protection Have you been wondering what insurance type would be best for you, between life insurance and income protection insurance? It is essential you understand what life insurance and income protection are to make the right choice or decision. You don’t have to wait for emergencies or for an unwanted incident to happen before you start considering an insurance option. You can plan on how to cater to your needs and loved ones’ needs before any unforeseen circumstances. Our accident and injury insurance claim lawyers are willing to guide you through the nuances and ..read more

'Own Occupation' and 'Any Occupation' in Total and Permanent Disability Insurance Have you or your loved one wondered what policy to choose between ‘own occupation’ and ‘any occupation’ regarding Total and Permanent Disability (TPD) insurance? It is essential you know the difference between them. Their emphasis is on how they define total and permanent disability and are impactful on your claim. Total and permanent disability insurance provides financial security for rehabilitation or medical treatment. You may be eligible to receive a lump sum benefit payment if you meet the policy requirem ..read more

The post Insurance Through Superannuation – Maximise Your Benefits appeared first on Aussie Injury Lawyers ..read more

In Australia, a comfortable retirement generally relies on the hard-earned savings in your super fund. But many people question, “What happens to super when you die?” The simple answer is that the deceased’s nominated beneficiary generally receives super death benefits. Which is the person chosen by the life insurance policyholder while still alive. Major Factors You must understand tax law and legal requirements when allocating super-death benefits. Understanding the definitions of dependents and considering the possible tax implications for non-dependant beneficiaries is necessar ..read more

The post Australian Super TPD Claim Guide to Win Your Benefits appeared first on Aussie Injury Lawyers ..read more

At Aussie Injury Lawyers, we’ve journeyed with countless individuals through the intricate world of disability benefits. We understand firsthand how challenging it can be, especially when you’re choosing between Centrelink Disability Support Pension (DSP) and Total and Permanent Disability (TPD) insurance.  We believe in the importance of having clarity on these benefits to secure the right financial assistance. That’s why we’ve crafted this blog post: to guide you, step-by-step, through the differences, eligibility criteria, and the overarching impact of these two benefits on your life ..read more

When claiming TPD benefits through a superannuation fund, some people ask, “Do I need a lawyer for a TPD claim?” In brief, no. Although legally, anyone can make a TPD claim without a lawyer; it’s essential to understand that seeking TPD insurance benefits necessitates negotiating with an insurance company and super funds with extensive knowledge of the process, eligibility criteria, and restrictions. Are you unsure if you need a lawyer to help you make a winning claim? Read on to understand the role of a lawyer in TPD claims and help you decide if hiring a lawyer is the right decision for you ..read more