Maria LonglandClaims Specialist & Business Owner - Risk Assist Claims ManagementQuite often I come across people who have been admitted to hospital or confined to bed rest which can be due to a number of reasons; hospitalised due to injury/illness or for investigations, slipped or ruptured disc in your back, severe fracture, complications in late pregnancy, The list is endless, but you get my point,
If you have been admitted to hospital for a few days or confined to bed by your doctor, then you may have a claim... Under some income protection insurance policies insurers will pay you a benefit if you are confided to bed rest for more than 3 consecutive days during your waiting period. The Nursing Care Benefit (the title and terms of the benefit may change between insurance companies) will pay you a benefit amount equal to 1/30th of the monthly Total Disability Benefit for each consecutive day of confinement. There are conditions to be aware of including the insurers definition of confined to bed, but generally this means you would require a doctors certification, stating that you are required to stay in bed under the full-time care of a registered nurse. The nurse cannot be you, your spouse, parent, child, sibling or business partner of yours or the Insured Person. This benefit option is only available to policies held outside of superannuation and in some cases may require you to have a 'plus' contract. Check your policy schedule for information on your particular cover or contact your Adviser/Insurance Company for clarification. If you require any further information on how we can help you make a claim under your income protection policy, then call Risk Assist Claims Management on 1300 644 980.
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November 2017
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