Income Protection Claims
What is Income
Protection?
Income Protection insurance provides you with a monthly payment when you are unable to work for a period of time due to an injury, illness or medical condition. In most cases, you will be covered for around 75% of your salary.
Your Income Protection benefits will be paid for a set period of time, usually 2 years, 5 years or to age 65. You will also need to go through a 30 to 90 day waiting period before the payments start.
You may be eligible to receive Income Protection payments if you are temporarily off work due to an injury, illness, or medical condition.
If you are unlikely to return to work in the future, due to your medical condition, you may also be eligible for a TPD lump sum claim.
We’re here to help
Tell us a little bit about your situation and our friendly team will be in touch.
Can I claim Income Protection if I am receiving CTP or WorkCover benefits?
Income Protection payments are often reduced by other benefits such as WorkCover and CTP, it is therefore recommended you speak to a superannuation lawyer before pursuing a claim.
What if my claim is rejected?
If your Income protection claim is rejected, Zaparas Lawyers can help you challenge the decision.
Time limits apply with rejected claims, so it is important that you see a specialised superannuation and insurance lawyer as soon as possible.
Our dedicated superannuation and insurance claims team at Zaparas specialises in challenging insurer decisions. We will ensure that you are supported and guided throughout the claims process from start to finish.
Why Zaparas Lawyers?
Many people are not aware of their ability to make a claim through super because it is not common to receive the policy documents.
Every claim is important to us. Our dedicated team of superannuation specialists will approach your claim with skill, knowledge, and care.
Your file will be conducted by a lawyer who specialises and has experience in the area of superannuation claims.
Our team can guide you through the process and help make a claim for a benefit at a time you need it most.
Our Fees
We’ve seen how traumatic and life-changing an injury can be, so we understand how important it is that you don’t have to worry about the financial side of your claim.
Learn More About No Win – No Fee
We are a family business – and we will treat you as one of our own.
Contact us today for a free, no-obligation initial appointment.
What to do next?
We understand that making a claim can be stressful, which is why we have broken down the process in 3 simple steps to start you on your journey.
1
Contact us today to book
your appointment
To contact us, simply fill out the form below and a member of our friendly team will contact you to set up a free, no-obligation initial appointment. Alternatively, you could give us a call on 07 5675 1300.
2
Meet with one of
our lawyers
Once you have made contact, you will have your appointment with one of our lawyers. We have multiple convenient locations, so you can find an office that is closest to you. Alternatively, we offer home or hospital appointments, ensuring you can be heard no matter your circumstances.
3
Discuss your
options
Once you have had your Free, No-Obligation initial appointment, our team will discuss your options with you and make a collaborative decision of the best course of action.
We’re here
to help
You can use the form below to leave your details and a member of our team will be in contact. We offer free, no-obligation initial appointments.
If you would prefer to speak with us right away, or you have any questions, please give us a call.
FAQs
Have a
question?
We have
the answer.
Income Protection is insurance commonly held in Superannuation funds.
You may be eligible to claim Income Protection if due to an injury, illness or medical condition, you are temporarily unable to return to your pre-injury duties.
Income Protection provides you with a monthly payment when you are unable to work for a period of time.
If you have been receiving contributions into your Superannuation account, you may have default Income Protection cover. A good first step is to check your most recent Annual Statement.
You may be eligible to claim Income Protection if you have been unable to work due to an illness or injury. You will also need to go through a 30, 60 or 90 day waiting period before the payments start.
You may still be able to claim Income Protection payments if you are receiving income or benefits from other sources, such as sick leave payments, Centrelink, or Workers’ Compensation payments.
However, it is common for an Income Protection policy to contain an “offset” clause. This clause will specify that income protection payments are to be reduced by other income received during the benefit period. This ensures that income from all sources does not exceed your pre-injury earnings.
The calculation of any offsets can be difficult, especially if you have received a lump sum benefit from WorkCover or CTP. Often it will come down to the wording of the insurance policy as to whether an amount is to be offset.
Most Income Protection policies will cover up to 75% of your pre-injury earnings. If your insurance is through your Superannuation, you may also receive a contribution into your Superannuation account.
The insurer assessing your claim will most likely calculate the Income Protection payments by looking at your pre-injury earnings for a 12-month period, prior to your injury or medical condition.
If your insurance policy has an agreed benefit amount between you and the insurer, you will still need to show that you were earning the amount you are insured for prior to your injuries or medical condition occurring.
Depending on your specific policy, Income Protection benefits may be paid for a ‘benefit period’ of two years, five years or until age 65 or 70.
When an Insurer intends to reject your Income Protection claim, they will send you a Procedural Fairness letter. The purpose of the letter is to:
• Provide you with copies of all of the evidence relied upon in the assessment of your claim;
• Having regard to the available evidence, clearly set out the potential barriers to your claim; and
• Provide you with the opportunity to comment or provide further evidence to support your claim.
If you have received a Procedural Fairness letter, you should obtain legal advice as soon as possible.
Please refer to our blog post for further information.
Latest Blogs On Superannuation Claims
-
WorkCover and TPD, Can you claim both at the same time?
If you’re unable to work due to an injury or illness there are a number of compensation options available to you depending on how the injury or illness came about. When talking about a work-related injury, some of the most…
-
Different Types of Superannuation Insurances Explained
Superannuation is a savings plan for retirement that is offered to employees in Australia. It’s a way for workers to save for their retirement and ensure that they have a steady stream of income once they stop working. In addition…
