July 18 – Trevor Thompson
In the last few days I have seen a law group advertising on TV help to claim your disability benefits from Super if you have disability insurance built in. If you are declared Totally and Permanently Disabled it means your GP AND a specialist say “you cant work and you wont be able to work again”. If you get that diagnosis USUALLY the insurance company and the Super fund WANT to pay your claim and your adviser should help you with the claim forms. I recently met clients who paid $15000 to a law firm to lodge the claim and get it approved, their adviser should have done this for free as they were already getting paid from fees in the fund. The clients didn’t know. The lawyers were doing the workcover claim and said “do you want us to do this too”. I would suggest that if you or someone you know face this situation, make the claim to the super fund and consider getting a lawyer IF the fund says “no”
By Trevor Thompson.
CFP DipFP
SENIOR PARTNER