Income protection is helpful for you if you
don’t take sick leave or annual leave. For example, if a person can’t perform
the usual occupation due to any sickness or injury, income protection provides
professional assistance.
While making an insurance claim it basically suffered
a result type of loss. It is most suitable for a self-employed person, small business owners or
professionals whose business match the ability to work. If
you are unable to work and struggle to pay the bills or look after your family,
then income protection claims may have
beneficiary for you.
What
types of benefits are payable on income protection claims?
There are two types of income protection
benefits:
Total
Disability Benefit – This is applicable if you are not
able to work and are deemed to be totally disabled. This means that you are
under the regular care and advice of your GP and are not working in any
capacity.
Partial
Disability Benefit – This is applicable if you are
partially disabled means, due to your illness or injury, you are unable to
perform one or more important duties of your own occupation.
What
happens if the income protection claim is accepted?
If, after assessment, your insurer accepts your
claim, then your claim will be reviewed monthly to determine your ongoing
eligibility.
Professional insurance claims assistance
successfully navigate the process of the insurance claim to those who got stuck
and frustrated regarding their total permanent disability claims.
This will include providing a doctor’s report
every month and possibly undertaking periodic independent medical examinations
if requested by your insurer.
Generally, TPD claims
are paid through the superannuation fund. If you’ve more than one super fund,
you might be able to make more than one claim.
To get the benefits of claiming TPD
compensation, a person needs to prove that his/her illness or injury has
stopped them from working from a job or any other occupation.
Apart from that, he/she might also need to be
provided with medical evidence. Professional claims agencies assist their
claimants with proper paperwork and documentation, understanding the benefits
available to them on behalf of insurance companies.
As a result of illness and sickness or injury,
there are more than thousands of people every year file disability insurance claims with their disability insurance company.
Individual disability insurance
covers the following areas include:
- Cancer – 23%
- Mental Health – 20%
- Musculoskeletal – 19%
- Accidents – 12%
- Digestive Disorder – 4%
- Disorders Of The Nervous System – 4%
- Parkinson’s & Other Dementias – 5%
- Other Heart Conditions – 3%
- Others – 10%
Professional
insurance assistance consultancies are one of the finest advisers of insurance
claims. For quick solutions, a process needs to be undertaken and the
information needed to support your claim.
