Am I Entitled to a Total and Permanent Disability (TPD) Insurance benefit?

TPD Insurance

If you are unable to work due to a medical condition or injury, you may be entitled to claim a TPD insurance benefit to assist.

A TPD insurance benefit is commonly available under superannuation funds. Normally, all medical conditions are covered including diseases, psychological or physical injuries or conditions. How you suffered the medical condition is usually not relevant to the claim.

All superannuation funds and insurance providers can differ with their definitions and requirements to successfully claim a TPD benefit. Generally, if you have been unable to work for a 6 month period due to your medical condition and it is unlikely you can return to the type of work you have previously done, you may be successfully able to claim the benefit.

The amount of the TPD benefit that you can claim varies, but if you are successful you will receive a lump sum payment. This payment is normally paid in addition to any other benefits or compensation you may be entitled too.

If your claim is rejected by your superannuation fund, you are able to request the fund review their decision, or you can challenge their decision in a court or through the Superannuation Complaints Tribunal. Strict time limits apply to challenging their decision so it is important to get legal advice as soon as possible if this applies to you.

Keep in mind, that under your superannuation fund you may have other insurance benefits available including a total and temporary disability benefit, death benefit or even in some cases income protection insurance. You will need to check with your superannuation fund to find out what you are covered for.

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