Post-Claim Superannuation Management

Navigating Your Superannuation Account After a Terminal Illness Claim

Understanding how a terminal illness claim affects your superannuation account is crucial for informed financial planning. Claimsplus Lawyers offers expert guidance with a fixed fee and pay-on-success model to help you navigate this situation confidently.

Key Insights Into Superannuation Accounts Post-Claim

1. Effect on Account Balance

• The claimed amount is deducted from your superannuation account.
• If the entire balance is withdrawn, your account may be depleted.

2. Ongoing Contributions

• Contributions, such as employer or personal contributions, will continue to accrue in your superannuation account if you remain employed post-claim.

3. Insurance Coverage Changes

• Filing a terminal illness claim may impact the insurance attached to your superannuation account. Reviewing your fund’s terms is essential to understanding potential changes.

Considerations for Your Superannuation Account

1. Maintaining Account Fees

   • Regular fees may still apply. Reviewing your account statements helps you stay informed of any ongoing charges.

2. Account Closure Scenarios

   • If the account balance reaches zero and no contributions are made, your super fund may close the account after a specific period.

3. Impact on Future Claims

   • Making a terminal illness claim could influence your eligibility for other claims, such as Total and Permanent Disability (TPD), based on your fund’s policies.

How Claimsplus Lawyers Can Help

Navigating the changes to your superannuation account after a terminal illness claim can be challenging. Claimsplus Lawyers offers:

• Expert Legal Advice: Comprehensive insights into how your claim affects your account.
• Fixed Fees & Pay on Success: Transparent pricing with no hidden costs and payment only on successful outcomes.
• Personalised Support: Tailored assistance to help you understand and manage your superannuation account.

Contact Claimsplus Lawyers Today

For expert guidance on superannuation claims and entitlements, contact us today:

If you need guidance on managing your superannuation account after a terminal illness claim, Claimsplus Lawyers is here to help. With our fixed fee and pay-on-success model, you can navigate your claim with confidence and clarity.

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