Expert TPD Claims Support for Injury or Illness
Secure Your Future with Professional TPD Claims Assistance
If you've suffered a severe injury or illness and are permanently unable to work, navigating the Total and Permanent Disability (TPD) claims process can be daunting.
Our experienced financial planners are here to streamline the process, ensuring you receive your entitlements efficiently and cost-effectively.
Who can make a TPD claim?
You may be eligible to make a TPD claim for compensation if you've suffered an injury or illness that permanently prevents you from working in your normal job or any other work for which you are suited by education, training or experience.
The injury or illness doesn't have to be work related.
There are many injuries that can be reasons for your TPD claim:
heart attack
cancer
stroke
injuries sustained at home
sports injuries
car accident injuries
chronic illnesses
mental illnesses
disablement
Our experienced TPD financial planners have also helped our clients with successful claims for psychological illnesses such as:
anxiety
depression
extreme distress
PTSD
complex PTSD
chronic pain
panic attacks
facial reconstruction
extreme psychological trauma
schizophrenia and other psychotic disorders
You may be eligible to make a TPD insurance claim if:
You have TPD insurance cover (either through your super fund or personally). Most super funds automatically include TPD insurance.
You can show you’re unable to do your daily activities, your normal job or any other work related to your education, training or experience.
Always be wary of exclusion and eligibility clauses in the total and permanent disability insurance policy's small print that can be used to deny your claim.
That is why it is always best to seek financial advice.
Our team of specialist financial planners will help you understand the policy fine print and work with you to ensure you get every dollar and benefit that you’re entitled to.
Why Choose Us for Your TPD Claim?
- Expertise: Our team has extensive knowledge and experience handling TPD claims, ensuring you get the best possible outcome.
- Personalized Service: We work closely with you, tailoring our approach to your unique circumstances.
- Cost-Effective: Unlike expensive legal fees, our fixed-fee structure ensures transparency and affordability.
Our Six-Step TPD Claims Process
Step 1: Claim Review
Fixed Fee: $1,100
We review your claim to determine its viability, ensuring it’s worth pursuing.
Required Information:
- Insurance policy details
- Superannuation fund details
- Two doctors’ reports confirming permanent disability
- Copy of your ID
Step 2: Claims Form Submission
Fixed Fee: $6,600
We partner with you to complete and submit the claim forms, working with insurance and superannuation providers to ensure all information is appropriately presented for the underwriter and claims manager.
Step 3: TPD Tax Uplift
Fixed Fee: $3,300
We ensure your super fund applies the mandated tax-free uplift correctly, potentially saving you significant tax costs. Our expertise helps avoid common pitfalls where other professionals might prioritize their fees over your tax savings.
Step 4: Withdrawal Assistance
Fixed Fee: $440
Many TPD claimants face overwhelming debts and financial stress. We assist with managing withdrawals to alleviate immediate financial pressures, covering expenses like rent, credit cards, personal loans, legal, and medical fees.
Step 5: Future Financial Planning
Fixed Fee: $5,500
With your work income ceased, we help you plan for long-term financial security. We assess your living arrangements, investment strategies, and the impact on disability support pensions or workers' compensation. Our goal is to build an investment portfolio that supplements your pension and meets your lifestyle needs in the most tax-efficient manner.
Step 6: Ongoing Review and Support
Ongoing Variable Fee
We provide continuous support, advice, and education to ensure your financial security into the future, adapting our services to your needs and the complexities of your investments.
Do I need a lawyer to submit a TPD claim form?
NO.
Don’t worry about a no-win, no fee, situation with a big law firm where you become another number.
And the fine print in the contract that is forced on you when you are in a vulunerable state.
Where the contract states that you are liable for a $25,000 fixed fee “after lodgement of claim forms, up to and including a decision on the claim and before the commencement of an internal review.”
Once your claim gets declined that charge an additional $3,600 to “review” and re-submit the claim.
Furthermore, in the fine print they have a 25% fee when there is a “successful outcome” should you be paid the insurance payout you are entitled to.
But don’t forget to look at the “unpaid bills/ Overdue invoice” section.
Fourteen days after they submit the claim form, they can charge interest on the outstanding amount at a rate equal to the RBA cash rate plus 2% (as of June 2024 that is 4.35% + 2% = 6.35%.
After 30 days the lawyers who were working in your best interest will take legal action against you to recover their fees.
We have seen vulunerable Australians forced to sign withdrawal forms from superannuation funds, that direct monies straight into lawyers trust accounts, resulting in the clients being tens of thousands of dollars worse off due to this financial advice provided by “TPD specialist lawyers”.
Can I Use A Financial Planner To Make a TPD Claim?
YES
In fact, you do not need any support to make a TPD Claim.
You can do this yourself with the super fund and insurance provider.
However, as outlined, there are several factors to consider when making a TPD claim, any many of our clients that have sought advice are looking to outsource the stress the claims management, so they can focus on their health and well-being.
Our six step process makes the complex seem simple.
Breaking the advice and claim management in to different steps, to ensure you are not overwhelmed or overcharged and taken advantage of.
Why many lawyers are charging $25,000 + for submitting a form, we can partner with you for $7,700 (with no hidden fees - or conflicted remuneration if your policy is declined).
In fact, you can have your claim reviewed, your claim submitted, management of your claim, advice on withdrawals from super/ on TPD benefits, and future financial planning advice for a fixed fee of $16,940 (inclusive of GST).
Which is a fraction of the cost most legal firms will charge you for the claim forms to be submitted.
Financial Planners provide insurance advice, they structure policies in different ways to maximise your benefits at time of claim.
Given the relationship between super funds, insurance providers and financial planners, it may be beneficial to have them in your corner fighting for you at this time.
We pride ourselves on our successful claims, that is why we spend a significant amount of time upfront reviewing the policy and your policy before jumping through all the hoops to submit a claim.
Common Mistakes to Avoid
- Incomplete Documentation: Ensure all forms and documents are complete and accurate.
- Ignoring Policy Details: Pay close attention to the terms and conditions of your policy.
- Delaying the Claim Process: Start the claim process as soon as possible to avoid unnecessary delays.
- Not understanding the tax free uplift and how it is applied
- Not Seeking Expert Help: Professional guidance from a financial planner can significantly improve your claim’s success rate.
TPD claim processing time
Your super fund has to make a decision on your TPD claim within 6-12 months of receiving all the required claim documentation, depending on the complexity of your claim.
Our TPD financial planners are experts at getting insurance claims paid early, with their relationships with super funds, insurance providers, and understanding the system we are working within.
Success Stories
"Newcastle Advisors made the TPD claims process so much easier. Their expertise and support were invaluable, and they saved me thousands in legal fees." Greg
"Thanks to Newcastle Advisors, I received the correct tax uplift on my super fund, saving me a significant amount in taxes. Their ongoing support has given me peace of mind for my financial future." Dominic
“Thank you for your support with my son’s TPD claim. The financial stress was adding to his mental health issues. Since you have been involved, my son is a different person. You can see the financial stress has been lifted” concerned mum.
Testimonial
I am a 40-year-old executive and a father who endured the unimaginable tragedy of losing my daughter in horrific circumstances. This devastating event left me with permanent impairment that means I will never return to work.
In the midst of this overwhelming turmoil, Matthew McCabe and his team at Newcastle Advisors became my lifeline. After 4 years battling big super funds alone, we got Matt & his team on our case, they worked tirelessly with my family and me to finalise my Total and Permanent Disability (TPD) payment. Despite the large superannuation fund's initial refusal to apply a tax-free uplift, Matt never gave up. He ensured guarantees and calculations were provided in writing, but they still resisted apply the tax free uplift.
Undeterred, Matt went above and beyond. He reached out to the management of the super fund through LinkedIn and, within an hour, secured a response, an apology, and a resolution. His tenacity saved me over $110,000 in additional taxes that I was unaware of.
Understanding my condition, Matt and his team shielded me from the stress of these complaints and the countless hours spent dealing with the super fund. Their dedication enabled me to pay my rent for the past 18 months, get out of significant debt, and restore my credit rating, which had been severely affected.
Matt didn't stop there. He established a comprehensive plan to ensure I continued to receive the disability support pension while supplementing this income with superannuation withdrawals. Thanks to his expertise and unwavering support, I now have a level of financial independence that I haven't felt in years.
Matthew McCabe and Newcastle Advisors have been more than financial planners to me; they have been advocates, warriors, and a source of hope in my darkest times. I am forever grateful for their exceptional service and compassionate support."
From the client's family, we received these heartfelt messages:
"Hey Matt, just reaching out to say thanks for everything you have done. He is beyond thrilled and has spoken insanely highly of you and what you have done for him."
"Thank you, Matt. I haven't seen him this good in a few years. You have given him back his financial independence and have also instilled hope that people are on his side fighting for him, after lawyers and super funds have continued to knock him down over the past four years. Thank you."
Cost-Effective Alternative to Legal Fees
Rather than paying a lawyer $25,000 to $75,000 for claim submission, let our expert team support you through the entire process and beyond. Our fixed fee for submitting your claim and providing expert advice is $16,940 (inclusive of GST).
Start Your TPD Claim Today
At Newcastle Advisors, we offer a personalized and supportive approach to TPD claims. Our six-step process ensures that you receive expert guidance every step of the way, from initial review to long-term financial planning and support.
Ready to Get Started?
Contact us today to schedule your initial consultation and take the first step towards securing your TPD claim and financial future.
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Contact Us
Newcastle Advisors
- Phone: 02 4942 7495
- Email: info@newcastleadvisor.com
- Website: www.newcastleadvisors.com.au
