Income protection insurance and disability insurance is there to cover your income in the event that you are unable to work as a result of any medical condition or illness.
For example, cover would be provided for illness such as a heart attack which leaves you unable to work for a period.
You may not even realise that your superannuation policy, union or organisation provides this cover for you automatically.
Expert Income Protection Lawyers
The terms and conditions vary from insurance policy to insurance policy and it can be difficult to obtain the necessary documentation from the insurer or superannuation fund. Our lawyers have extensive experience in insurance claims. Having an expert personal injury lawyer on your side that practices solely in compensation law will ensure that you obtain all of your entitlements. We can check your policy and product disclosure statement (PDS) and contact your insurer or superannuation fund to make sure you are covered.
Further, in the event that your income protection claim is denied by the insurer, we can provide you with free, no obligation initial advice on how to proceed with your claim in order to receive your payment.
Am I Entitled to Make a Claim?
We can review your policy’s product disclosure statement (PDS) and advise you of your rights and entitlements under your policy. It’s okay if you don’t have a copy of your PDS, as we are able to obtain a copy from the insurer or superannuation fund.
What Can I Claim?
An income protection insurance policy will usually provide you with a regular payment of about 75% of your salary on a monthly basis. The cover provides you with in income if you have a medical condition and are not able to work. Some policies have a waiting period of 30 to 60 days that must pass before you are able to receive payments.
Are there time limits for income protection insurance claims?
Yes. Most policies will have a timeframe or limitation period to make a claim. As such, it is important that you seek expert legal advice. Law Advice Compensation Lawyers offer a free, no obligation initial consultation so you can find out your rights and entitlements
No Win No Fee Guarantee
If you don't win your case, you do not pay us any legal fees. It’s that simple. Together with our free, no obligation initial consultation, this means that you have peace of mind and it won’t cost you anything to find out where you stand.
The above information is general information only. For a free consultation and specific advice regarding your claim from one of our experts please contact us on Free Call 1800 122 555 or complete our Free Advice Form.