Hello,
I have found a lost superannuation & with this superannuation has TPD insurance. In 2007, I was injured at work & was classified as TPD & was paid out by my the superannuation account I held at that time & I have not worked since the injury. The lost super that I have found with the TPD I put a claim in the account was active at the time of my injury 2007.
My question is at the time of my injury, the TPD was worth 180k. It is now 2016, the superannuation company sent me a statement saying my TPD is now only worth 70k which is the TPD if I was to inger myself today because of my age. Is the statement they sent me correct?
I have looked at the conditions of their TPD insurance but I cannot see any info about my question. Your thoughts would be gratefully appreciated
Cheers
I have found a lost superannuation & with this superannuation has TPD insurance. In 2007, I was injured at work & was classified as TPD & was paid out by my the superannuation account I held at that time & I have not worked since the injury. The lost super that I have found with the TPD I put a claim in the account was active at the time of my injury 2007.
My question is at the time of my injury, the TPD was worth 180k. It is now 2016, the superannuation company sent me a statement saying my TPD is now only worth 70k which is the TPD if I was to inger myself today because of my age. Is the statement they sent me correct?
I have looked at the conditions of their TPD insurance but I cannot see any info about my question. Your thoughts would be gratefully appreciated
Cheers