Home >  Blog >  They Paid!

They Paid!

Posted by Sean O'Kane on 28 October 2014
They Paid!

I wanted to share some good news with you about a recent  successful claim for income protection we had with OnePath, one of the insurers we use.  Somtimes when recommending insurance clients have concerns that insurers won’t pay when the time comes. This has not been our experience as a business and this is a great case in point.

We had a client who was leaving Queensland Health to work for a smaller company and thus lost her built up sick leave entitlement. We therefore recommended she add ‘short waiting period for accidents’ to her income protection. This is a great feature that pays the monthly benefit back to the first day of being off work, due to an accident, after 14 days of being off work.

In this instance, at the time of application, our client had disclosed they played regular soccer and OnePath advised they couldn’t offer this specific benefit whilst the client was playing soccer. Our client subsequently took up hockey and badly damaged her knee. When I heard this I was a little concerned that OnePath would ask questions about whether our client played regular hockey at the time of her application. Not only did they not question this but they settled the claim in just over 2 weeks and our client received just over $25k representing 2 ½ months benefit. So as you can imagine a happy client who could concentrate on recouperation without worrying about money.
Author: Sean O'Kane Connect via: LinkedIn
Tags: News

Post comment

Latest News

View all news

Taxing times - why playing the long game is the key to surviving political uncertainty

Posted by Matt Connor on 22 May 2019
It's always an interesting time during election campaigns, when the country wait...

ATO Data Matching Changes - What You Need To Know

Posted by Mary Young on 17 April 2019
For a long time, the ATO has been using data-matching practices to ensure individual...

In or out? Insurance within super isn't all it's cracked up to be.

Posted by Sean O'Kane & Neal Durling on 27 March 2019
The fields of insurance and superannuation are complex and filled with both options,...
< Previous | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | Next >

SIGN UP

For Events and News


The information on this site is of a general nature. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions.

The financial planning services are provided by Medical Financial Pty Ltd trading as Medical Financial Planning (AFSL 506557)