TPD insurance is a sort of life insurance that permits you to receive a lump sum pay-out if you become totally and permanently incapacitated from working during the policy’s term. Regardless of where you were injured, TPD lawyers can assist you in obtaining the highest possible compensation.
What is total and permanent disability – TPD?
When you establish that you are unable to work in your regular or any other vocation, depending on your policy, due to a physical impairment, mental disability, or illness, you will be regarded to have a total and permanent disability (TPD). Depending on your insurance coverage, you may still be eligible to make a claim if you can be retrained to work in a different field in the future.
Key steps of making a TPD claim
To find out if you are entitled for a TPD claim,
- contact your superannuation fund and get your superannuation insurance policy.
- you must demonstrate that you are permanently unsuited for your ordinary profession, or any alternative occupation for which you are qualified based on your education, training, and experience, depending on the policy.
- you will need to give proof to back up your claim, such as medical reports from physicians, information of your work obligations, payslips, tax filings, or medical reports, among other things.
The time it takes for a TPD claim to be processed
A decision on a Total and Permanent Disablement claim is normally made within 3 months of all supporting paperwork being submitted. In other cases, such as when you are suffering from a fatal disease, the choice may be made sooner. In rare cases, if the superannuation insurer does not have all the necessary documentation and is unable to make a judgement, the decision may be delayed. If you have filed a TPD claim and have been waiting for a decision for more than three months, contact TPD lawyers to find out why.
As previously stated, medical evidence is required to support your TPD claim. You should also double-check the policy and make sure doctors and other medical professionals are aware of the term. You should also tell your doctor if there are any additional obstacles that are stopping you from working. You may also need to submit your education, training, and work history to show that you are unable to do any past occupations that the superannuation firm could consider fit for you after the accident.
Could a TPD claim be refused?
TPD claims can be denied for a variety of reasons, including but not limited to:
- have an inactive or invalid policy
- haven’t supplied persuasive medical evidence to support your TPD claim
- haven’t satisfied work history criteria
- fail to disclose pre-existing injuries
- lack of convincing medical evidence to support the TPD claim
Remember that your insurer’s policy, circumstances, and medical evidence all play a role in these explanations. They might not be completely correct in relation to your claim. Even if you believe you have submitted all the proof you can, it may not be enough for your insurer to approve your claim. This procedure might be aggravating while your insurance makes the final choice.
Let’s say the TPD claim is denied. What can be done?
If you find yourself in this circumstance, TPD compensation lawyers in Sydney or Parramatta can assist you in navigating and understanding the process in a clear and straightforward manner.
Insurance companies make mistakes from time to time, and you have the right to ask them to reconsider their decision. If your insurance claim is denied, it does not indicate that they are wrong or that no one else has the authority to make a decision. You can file a formal complaint with your insurance or superannuation provider to request a review if you believe the final decision on your claim was made unjustly. You can also file a complaint with the financial ombudsman agency or the industry tribunal.
What kind of proof do I need to support my TPD claim?
To support your TPD claim, you must show medical evidence. You should also double-check the policy and make sure doctors and other medical professionals are aware of the term. You should also tell your doctor if there are any additional obstacles that are stopping you from working. You may also need to submit your education, training, and work history to show that you are unable to do any past occupations that the superannuation firm could consider fit for you after the accident.