Understanding your super insurance: what you need to know about TPD claims

Many Australians are unaware that their superannuation fund includes insurance that could pay out a significant lump sum if they’re unable to work due to illness or injury.

This insurance is called Total and Permanent Disability (TPD) cover, and it could be worth tens or even hundreds of thousands of dollars.

What is TPD insurance?

TPD insurance is designed to provide financial support if you suffer an illness or injury that stops you from working your usual job permanently. It’s separate from your super balance and acts like a safety net in case the unexpected happens. 

Common misconceptions about TPD Insurance:

• You don’t have to be injured at work. The injury or illness can be from any cause – at home, on the road, or even in a public place.
• You may already have cover. Most super funds automatically include TPD insurance without you needing to apply for it.
• It’s not just physical injuries. Mental health conditions such as depression or anxiety may also qualify.

Why do so many people miss out? 

One of the biggest reasons people miss out on a TPD claim is because they assume they’re not eligible or that the process is too hard. Insurers often seek to avoid claims based on technicalities or delays in paperwork, which can be overwhelming when you’re already dealing with serious health challenges. An experienced insurance lawyer can take the stress out of your claim and dramatically improve your chances of securing the payout you deserve.

A case study: fighting for fairness

Craig Parrish, Principal Lawyer at Maurice Blackburn, recently helped a client with Multiple Sclerosis who was initially denied TPD insurance compensation because the insurer said she had symptoms before taking out the policy. Maurice Blackburn successfully challenged her insurer, and the client received over $300,000 in a lump sum payment plus ongoing income protection benefits.

How can Maurice Blackburn help?

Making a claim yourself can be difficult and often risky. But you don’t have to do it alone. Our team of experienced lawyers can:

• check your super insurance cover for free
• gather all necessary medical and employment evidence
• handle all paperwork and communication with insurers
• protect your rights on a No Win, No Fee basis, meaning you only pay if we win.

Check your eligibility for compensation

You may be entitled to a life-changing lump sum, but time can be critical. We recommend not delaying getting professional legal advice.

If you’re unable to work due to illness or injury, our experienced team are here to guide you and help you get the entitlements and compensation you deserve. Contact us today.