Total Permanent Disablement

Discussion in 'Insurance Law Forum' started by sha2628, 1 September 2017.

  1. sha2628

    sha2628 Member

    Joined:
    1 September 2017
    Messages:
    1
    Likes Received:
    0
    I was employee of the federal government from 2007-2016.

    I had received income protection payments through my Superannuation fund Pssap - AIA Insurance.

    I failed to return to work after many attempts.

    On the 7th of October 2015, I called Pssap and spoke about Total Permanenet Disablement.

    They then sent a letter regarding eligibility to claim.

    I, myself, submitted an application and on the 28th of January 2015, I received a lump sum payment of $357,136.02.

    I was declared as TPD in regards to my diagnoses of Bipolar disorder and ADHD.

    My issue is that not at any time do I recall AIA advising me to speak to a financial adviser. The FSC Code of practice states they should have done so.

    I also do not recall having more than one medical practioners certification which is stated in the Tax Assessment Act 1997.

    Receiving a lump sum payout without being advised to seek financial advise or even legal advise, has ruined my life.

    AIA have given a lump sum payment to a mentally ill, drug addicted, single mother. Without advising to seek advise.

    Do AIA have a duty of care?

    Why was a trustee not considered?

    How was such a claim received, acknowledged, processed and granted in 3 months?

    The result of receiving a lump sum payment has ruined my life.

    My drug addiction worsensed, my relationship ended in domestic violence and my children were taken into care of the Department of child protection.
     
Loading...
Similar Threads - Total Permanent Disablement
  1. Nanny julie
    Replies:
    0
    Views:
    282

Share This Page

Loading...
gt;