Superannuation and Disability Insurance Claims
Many people don’t realise that their superannuation fund often has built‑in insurance that can provide significant financial support if they become injured, ill, or unable to work. These claims are separate from workers’ compensation, motor vehicle accident claims, or criminal injuries compensation. You can often claim multiple entitlements at the same time.
Superannuation insurance benefits are governed by the terms of the superannuation trust deed and the insurance policy. Every fund is different, which is why these claims can be complex.
A TPD benefit is a lump‑sum payment available when a person becomes permanently unable to work in their usual occupation, or sometimes any occupation, depending on the policy.
Common TPD triggers include:
Serious physical injuries
Chronic pain conditions
Mental health conditions
Degenerative illnesses
Cancer or other major medical conditions
You do not need to prove someone else was at fault. You simply need to show you meet the insurer’s definition of TPD.
Total and Permanent Disability (TPD) Claims
Income Protection (IP) / Salary Continuance
Income protection provides monthly payments, usually up to 75% of your pre‑injury income, if you are temporarily unable to work due to injury or illness.
Key features often include:
A waiting period (e.g., 30, 60, or 90 days).
A benefit period (e.g., 2 years, 5 years, or to age 65).
Requirements for ongoing medical certification.
This benefit is designed to replace income while you recover.
