Yes, it can be difficult to get a TPD payout. The criteria for Total and Permanent Disability (TPD) can be hard to meet, and insurers don’t always play fair. If you’re asking ‘is TPD hard to get?’, it is in your best interest to speak with a knowledgeable lawyer as soon as possible.
At TPD Compensation Lawyers, we aim to make a difficult process as straightforward and stress-free as possible. We handle all aspects of applying for TPD, including managing disputes and pursuing a favourable outcome on your behalf.
Get help navigating the difficulties of a TPD claim. Call TPD Compensation Lawyers at 03 9966 7188 today for a FREE consultation. Our specialist TPD lawyers serve clients in Melbourne and throughout Victoria.
Is It Hard to Get a TPD Payout?
In a report titled Holes in the safety net: A review of TPD insurance claims, the Australian Securities & Investments Commission (ASIC) found that one-eighth (12.5%) of TPD claims are withdrawn prior to a decision being made. A claim is withdrawn when the applicant declines to proceed with the claims process.
‘We consider that this high withdrawal rate is, at least, partially due to insurers subjecting consumers who are vulnerable (due to life-altering illness or injury) to a claims process that is often unnecessarily challenging and onerous.’
– ASIC Report 633, Holes in the safety net: A review of TPD insurance claims
Applicants often find the TPD claims process to be burdensome and unnecessarily difficult. This can make it hard to obtain an entitlement for a life-altering injury or illness. Common frustrations cited by consumers who withdraw a TPD claim include:
- The length of the claim assessment process
- Applications consisting of numerous pages
- Requests for additional information from the insurer
- Poor communication on the part of the insurer
- The cost of applying for TPD
- NOTE: Our TPD lawyers operate on a No Win, No Fee basis. You pay no upfront costs, and only owe disbursements if we get you a payout.
- Obtaining a separate insurance benefit and not wishing to continue with TPD
- Delays in the review and approval process
- Worsening of the injury or illness
- Being accused of lying or fraud by the insurer
Many applicants have their TPD claims rejected even after putting up with all of these issues. For some, this is the final straw and they choose not to move forward. However, it is important not to give up just yet. A skilled TPD lawyer may be able to successfully appeal the rejection and get you the payout you deserve.
Read More: What to Do If Your TPD Claim Is Rejected
Why Do TPD Claims Get Rejected?
TPD claims get rejected for a number of different reasons. Some of the most common reasons insurers cite for denying a TPD claim include:
- Not meeting the definition of Total and Permanent Disability
- Cancelled or inactive TPD insurance
- Lodging a claim before the waiting period expires
- Incomplete application
- Lack of medical evidence
- Failure to meet work history requirements
It is not uncommon for claimants to make mistakes when trying to complete a TPD application on their own. This is often because the language used in insurance policies is overly technical and difficult to understand.
Whilst the answer is ‘yes’ to the question ‘is TPD hard to get?’, having an experienced lawyer on your side from the beginning can reduce the frustration and go a long way towards securing a Total and Permanent Disability payment. Your lawyer can also explore your rights and options if the claim is rejected.
What Percentage of TPD Claims Succeed?
The success rate for TPD claims is 86%. You might think those odds sound pretty good, but keep in mind that that number is taken from after one-eighth of submitted claims are withdrawn. That brings the overall acceptance rate for TPD down to about 65%.
Obtaining legal counsel significantly improves the likelihood of success. Lawyers specialising in TPD claims know how to read your insurance policy, complete the application, and gather the evidence necessary to prove that you are eligible for Total and Permanent Disability compensation.
Get the Help You Need with a TPD Claim
People who apply for a TPD benefit are facing enormous difficulties in life. They are dealing with an injury or medical condition that keeps them from working and likely impacts their life every day. Unfortunately, it can be very challenging to get the benefit application accepted and obtain a payout from the insurance company.
Is TPD hard to get? You will experience fewer difficulties when you entrust the matter to a capable lawyer. TPD Compensation Lawyers offer unparalleled knowledge of superannuation and other insurances, as well as individualised attention throughout the entirety of your legal matter. Get a FREE claim check today.
Contact TPD Compensation Lawyers Today
With our No Win, No Fee agreement, you have the peace of mind that you don’t have to pay any expenses upfront. You are only responsible for fees if we are successful in getting you a TPD entitlement. This ensures that you can get quality legal services without financial risk.
Our lawyers pride themselves on streamlining the TPD application process and keeping obstacles to a minimum. We communicate with you regularly, answer your questions in a timely fashion, and strive to put your mind at ease.
TPD Compensation Lawyers represent clients all over Victoria from our office in Melbourne. Contact us today for your FREE consultation.