Total and permanent disability claim checker.
See if you can
make a TPD claim
If you live in Australia and have suffered a total and permanent disability (TPD), use our quick 30-second TPD assessment to see if you might be able to make a compensation claim from your super.
Get a fast, free claim check below
What factors affect TPD payout amounts?
When claiming TPD payments from your super fund or insurance policy, the final sum is calculated by considering:
- Your age
- Your policy’s terms and conditions
- The severity of your disability or impairment
- Pre-existing conditions (if any)
- The impact your TPD has on your health and ability to work
- Any decrease in your life expectancy
- The timing of your disability
Though compensation is assessed on the same criteria, every TPD claim is unique – which is why we’ve created our TPD compensation checker. Now, you can get a clear, personalised idea of what you may be entitled to if you pursue your claim. Our TPD compensation checker takes all of the above into account to determine your estimated payout.
Our TPD lawyers will be able to help you with your claim throughout every step of the process and ensure you have the best chance of receiving the compensation you’re entitled to.
Do you pay tax on TPD payouts?
The taxation requirements of your TPD payout generally depend on the type of TPD benefit you’ve received.
TPD insurance payouts
If you are successful in receiving a TPD payout from your insurance policy outside of a super fund, then your payout could be taxable depending on the insurance policy. However, in most cases, TPD insurance payouts aren’t subject to income tax.
TPD super fund payouts
If your TPD claim is successful, the money you receive will be deposited into your superannuation account, and it will be considered part of the taxable portion of your fund. At this point in the process, you won’t have to pay any taxes.
However, if you withdraw money from your superannuation account before reaching the preservation age, you will likely have to pay taxes. On the other hand, if you are over the preservation age and not working, you commonly won’t need to pay any taxes. Preservation age differs depending on when you were born but it’s currently between the ages of 55 and 60.
The tax calculation is different for each individual and different again if you have more than one superannuation fund. Generally, your withdrawal will be taxed at a rate of up to 22% and is dependent on your individual circumstances.
While that can sound daunting, it’s important to remember you don’t have to go through this process alone. Our TPD lawyers can help you on a no-cost, no-obligation basis, so get in touch with us online or call 1800 958 498.
What happens after you use the TPD claim checker?
Once we’ve assessed your eligibility with our TPD claim checker, you only need to sit back and wait for one of our expert TPD lawyers to get in touch with you. We’ll discuss the specifics of your case and what you can expect in a no-cost, obligation-free consultation.
