Terminal Illness Claim

3 min. readlast update: 11.01.2023


A Terminal Illness Claim refers to the formal request made by a policyholder to receive benefits from their superannuation fund or life insurance policy when diagnosed with a terminal illness. A terminal illness is typically defined as a condition that is likely to result in death within a specified period, often 12 or 24 months.

Key Features

  1. Triggering Event: A Terminal Illness Claim is triggered when the policyholder is diagnosed with a terminal illness that meets the definition and criteria outlined in their policy.
  2. Claim Process: The claim involves notifying the insurer or superannuation fund of the diagnosis, providing necessary documentation (such as medical reports and evidence of the terminal diagnosis), and waiting for the claim to be assessed and approved.
  3. Benefit Payment: Once the claim is approved, the policyholder receives a lump sum payment. This payment can cover medical expenses, provide financial support to dependents, or fulfil other financial needs.


A Terminal Illness Claim provides financial support to policyholders diagnosed with a terminal illness. It can help cover immediate and ongoing expenses, providing financial security and peace of mind during an incredibly challenging time.

How Claimfinder Helps

Claimfinder specialises in assisting individuals with superannuation claims, including Terminal Illness Claims. Navigating the claim process during such a difficult time can be overwhelming. Claimfinder connects individuals with Claim Specialists who have expertise in handling Terminal Illness Claims. These specialists can guide policyholders through the claim process, helping them understand the terms of their policy, gather the necessary documentation, and navigate the claim process. This support can reduce stress and uncertainty and help ensure the claim is processed efficiently and accurately.


When making a Terminal Illness Claim, it's important to understand the terms of the policy, including the definition of terminal illness, any waiting periods, and any exclusions or limitations. It's also crucial to submit the claim as soon as possible after diagnosis, as delays can complicate the process and prolong the payout.


A Terminal Illness Claim is a crucial component of a superannuation or life insurance policy. It provides financial support to policyholders who are diagnosed with a terminal illness, helping them navigate a profoundly challenging time. With the help of services like ClaimFinder, policyholders can access professional Claim Specialists to guide them through the claim process, making it less daunting and more manageable. 

If you have any questions, please don't hesitate to contact us

Note: While Claimfinder connects you with super claim specialists, we don't directly process claims or offer legal/financial advice. For more information about our services and responsibilities, please refer to our Privacy Policy and Terms of Use.  
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