Hiring lawyers for TPD claims is not uncommon in Australia as most aussies want to ensure that their claims will be approved. However, seeking help from a lawyer comes with out of pocket expense.
Lawyer fees for TPD claims can range from $5,000 to $15,000 depending on the complexity of the claim, others might charge you by the hour, or a percentage of the potential payout value. While some offer a “no win, no fee” policy, carefully reviewing the contract is important as others will still require you to pay disbursement costs even when your claim is declined.
Why Would You Need A Lawyer To Help Make A Total And Permanent Disability Claim?
There is no straightforward answer to this question as the amount lawyers charge for TPD claims can vary depending on a number of factors, including the lawyer’s experience, the complexity of the claim, and the expected outcome.
Do I Need A Lawyer For TPD Claims?
While it is not required that you hire a lawyer to help with your TPD claim, it may be beneficial to do so. This is because the claims process can be complex, and a lawyer will be able to provide guidance and support throughout.
In addition, a TPD claim lawyer can help to negotiate with the insurance company on your behalf and can represent you in court if necessary. There are a number of ways to find a lawyer to help with your TPD claim, including searching online, speaking to friends or family
What Are The Benefits Of Hiring A Lawyer For Your Claim?
There are many benefits to hiring a lawyer or engaging a financial advisor to help with your TPD claim. A lawyer or adviser can help to ensure that your claim is properly prepared and filed, and can provide guidance and support throughout the process, leading to a successful claim.
In addition, a lawyer can help to negotiate with the insurance company on your behalf and can represent you in court if necessary.
TPD Claims Are Defined By Your Super Fund
Total and Permanent Disability (TPD) claims are generally made through your superannuation fund. However, each fund has different rules and criteria for what constitutes a TPD, so it’s important to check with your fund to see if you’re eligible to make a claim.
Lawyers Will Help Keep You Out Of Court
If your total and permanent disability insurance claim is denied, you may need to take your case to court. This can be a long and costly process. However, if you hire a lawyer to represent you, they should work to keep your case out of court and get you a quicker settlement.
Peace Of Mind For The Best Outcome Possible
The claims process can be complicated, time-consuming, and emotionally draining. Hiring a lawyer to represent you will give you the peace of mind that someone is looking out for your best interests and working to get you the best outcome possible.
When Should You Get A Lawyer Involved In Your TPD Claim?
As soon as possible. The sooner you get a lawyer or adviser involved, the better. They can help to ensure that your claim is properly prepared and filed, and can provide guidance and support throughout the process.
Frequently Asked Questions
What legal fees are there for TPD claims?
As with most legal matters, there can be a range of fees associated with TPD claims, depending on the lawyer’s experience, the complexity of the claim, and the expected outcome. Some lawyers may charge a flat fee for their services, while others may charge an hourly rate. In some cases, lawyers may also charge a contingency fee, which means they will only receive payment if the claim is successful.
How much compensation do TPD lawyers get?
If your TPD claim is successful, your lawyer may be entitled to a percentage of the total payout, known as a contingency fee. The amount of the contingency fee will be agreed upon between you and your lawyer in advance. Lawyers may also charge a flat fee or an hourly fee, there are generally many different payment options available.
What are no win, no fee policies?
No win, no fee policies are arrangements between a lawyer and a client in which the lawyer agrees to represent the client on a contingency basis. This means that the lawyer will only receive payment if the claim is successful.
Need Help With TPD Claims But Don’t Want To Hire Lawyers?
At Curo Financial Services, we are expert in helping Australians get approval on their TPD insurance claims. We have decades of experience working with hundreds of clients to help them get financial support from their TPD insurance. If you need help with TPD claim you may send us an email at [email protected] or give us a call at 1 300 665 356.
General Advice Disclaimer
General advice warning: The advice provided is general advice only and in preparing it we did not take into account your investment objectives, financial situation or particular needs. Before making an investment decision on the basis of this advice, you should consider how appropriate the advice is to your particular investment needs, and objectives. You should also consider the relevant Product Disclosure Statement before making any decision relating to a financial product.
