Testimonials


I had no idea where my lost super was or the names of the funds. I just new it was scattered everywhere and I should definitely have more than $3,000 in my super. Australian Super Finder found all 7 of my funds and now my balance is almost $50,000. Thank you so much for getting my super back on track. ? Leonie, Thomastown VIC


Super Benefits

Medical Benefits and TPD

This works in addition to compensation payments. In the majority of states, these benefits are unlimited. The legislature initially restricted the cost of medical aid that could be incurred. The statutes have been liberalized and now thirty-four states, as well as the District of Columbia, have unlimited amounts of medical benefits that can be furnished, with no limitations as to time.

The medical aid includes the cost of medical treatment, surgical, hospital, X-Ray and laboratory tests, nursing services when authorized, prescribed drugs, medical and surgical appliances. The injured worker has free choice in selecting a physician although this right is limited in some states. Individual physical rehabilitation is also covered. The responsibility for the payment or medical benefits is fixed regardless of wage loss or the degree of disability.

Indemnity Payments

Weekly cash payments based on two-thirds of the worker's weekly wage and subject to maximum and minimum amounts, provide the basis for compensation paid to injured workers.

Compensable disability is the inability of an employee, as the result of a job-connected injury, to execute the work he was enacting when injured thereby impairing his earning capacity leading to a wage loss.

The indemnity payments made are in the following four categories of disability:
Permanent Total Disability - this type of disability is self-explanatory. It is the most dangerous of the injuries permanently disable the worker. Lifetime benefits are payable in such cases in some states, such as New York. Other states specify that maximum number of weeks that could be paid which averages around 500 weeks. There are special statutory provisions which determine total disability. The most frequently met are the rule that certain combination of losses should be presumed to constitute the total disability. New York provides that the loss of both hands, both arms, both legs, both feet, both eyes and any two of these are proof of total disability.

Temporary Total Disability. This type of disability is the one most frequently encountered. It represents a brief period in which a worker is unable to do any work. All the statutes limit the number of weeks for which type of benefit will be paid. In the majority of cases, the period of complete wage loss during which temporary total benefits are paid is followed by a return to work and recovery.

Permanent Partial Disability. This class of injury involves, in the main, permanent partial loss of use of use of an extremity, an eye or hearing. The benefits are based on schedules set up in the law which outline the payments to be made subject to the percentage of loss present. The injury which will produce a permanent partial disability will most likely first cause a period of temporary total disability.

More in-depth detail about temporary or permanent disability insurance through super are posted on our site - www.australiansuperfinder.com.au

All information on this website is of a general nature only. We have not taken into account your financial situation, needs or objectives. You need to make up your own mind and ascertain yourself if it is right for you. We recommend you read the product disclosure statement(s) and the financial services guide before making any financial decision.

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