As we go about our day-to-day duties, it may never be apparent to us that we could find ourselves in a situation where we would never be able to work again. But our work places are not short of life-threatening dangers and neither are we immune from seriously debilitating diseases. When either or both of these situations befall us, we often look to a real saver in the form of TPD. TPD, or Total and Permanent Disablement Insurance is a term used to refer to an insurance cover that entitles the insured to certain benefits in the event they are medically diagnosed with a condition that renders them unable to work again.
More On TPD
Generally, this insurance cover is meant to cushion the insurer against debts as well as their ongoing living expenses. This is done with a view to reduce the inevitable financial burden that such individuals find themselves exposed to in the wake of the occurrence of these risks.
TPD Insurance can be classified into three major groups namely;
Own Occupation TPD – This refers to a situation where the claimant is unable to work ever again. As expected, this category of the insurance would attract more compensation as compared to the rest.
Any Occupation TPD –This category is defined by the claimant’s inability ever to work in their as well as any other occupation they may be suited to; be it by experience, training or education.
Non-Occupational TPD – In this last category, there should be a demonstrated inability of the claimant to perform 2 of 5 activities that characterize their daily living. For this category, the threshold is far much higher on the level of disablement before any claims can be considered.
And Now That You Know,….
An injury at work or a disabling disease is not news in this time and age and the question to many is not “if” but “when” it happens. Therefore, finding a good lawyer to help advance your case is a head start, should you find yourself in this situation.
It is important to remember that there are many TPD claims in Lidcombe and choosing the best one may prove a Herculean task.
At the very least, you should be looking for a Lidcombe’s lawyer that listens keenly to your case, assesses the success rate and evaluates all the dynamics of the case before recommending the best course of action. With a wealth of experience in TPD-related litigations and a high success rate of cases involving workers, we could be that safe pair of hands you are looking for. Why not give us a call today and be part of our success story?