Income Protection Insurance

Income Protection Insurance – Everything You Need To Know

illness, or injury. The insurance pays a part of your lost income and helps in keeping up with bills and other finances so you can focus on your health and wellness. If a partial or total disability has significantly impacted your ability to work, then the income protection insurance will pay Up to 90% of pre-tax income for the first six months Up to 70% of pre-tax income for a decided timeframe after six months. Income protection insurance aims to replace your lost income – calculated by your annual earnings. It begins prior to the start of your disability, illness, or injury and can continue for up to 12 months. Each income protection policy explains partial or total disability differently. Hence, applicants must meet the eligibility criteria before applying for income protection insurance.
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workers-compensation-claims-covid 19-2022

How Workers Compensation Claims Have Increased During The Pandemic?

As the borders reopen and COVID-19 restrictions ease, businesses reopen their doors again, leaving workers in distress. Australia expects to see a rise in COVID-19 related workers’ compensation claims as employees fear their health during the pandemic. Many lawyers have come forward to ensure safer workplaces and vaccinated staff, so workers don’t sue their bosses.
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psychological-injury-at-work

Psychological Injury – How To Make A Worker’s Compensation Claim?

If you’re an employee and are a victim of work-related psychological injury, you are entitled to workers’ compensation on a successful claim. However, they may be difficult to prove due to several factors. The worker must contact a medical professional to verify the psychological injury to apply for the claim.
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public liability insurance

How Much Public Liability Insurance Do I Need?

You can determine the amount of public liability insurance you require by the type of work you do and whether or not your clients expect a certain level of protection. Coverage limits for public liability insurance are £1 million, £2 million, or $5 million. The maximum amount your insurer will pay out in the event of an insurable claim is the cover level.
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Multiple-TPD-Policies

Can You Claim On Multiple TPD Policies?

If you’ve recently suffered an injury or illness that necessitates filing a total and permanent disability claim, you’re likely to have a lot of questions about how the TPD claims process works. You also probably want to know if you can claim multiple TPD Policies.
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Charge-For-TPD-claims?

How Much Lawyers Charge For TPD Claims?

Depending on the type of policy issued, filing a TPD claim can involve a few different steps, and you may need to file multiple claims. However, as with many other types of claims, having an experienced attorney on your side can be beneficial. But how much do lawyers charge for TPD claims? And how does the process work?
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workers-compensation-for-contractors

Do I Need Workers Compensation For Contractors?

It is a common belief, that an employer only provides workers’ compensation insurance to its employees. However, not many know that an employer also needs to provide workers’ compensation to its contractors and subcontractors. Apart from traditional relationships between an employer and an employee, contractors who are workers under the “Workers Compensation Act 1951.” (the Act), also have the right to worker’s compensation.
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TPD Claims

What Insurers May do to Deny or Delay TPD Claims?

When filing a TPD (Total and Permanent Disablement) insurance claim, people often worry about their eligibility and the loopholes that insurers use to deny or delay claims. It’s understandable to be concerned. Insurance companies can further complicate the TPD claim process. Here are a few ways they may delay or reject your claim:
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Worker's compensation-What you really need to know

Workers Compensation -What you really need to know

There are different Workers’ Compensation Acts depending upon whether or not you are employed in the ACT private industry or by the ACT Government or Commonwealth Government. There are yet again different rights for workers in the private industry in New South Wales or the New South Wales Government. They vary significantly. You really would […]
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