Many Australians are unaware they may have unclaimed superannuation or hidden insurance policies tied to their super accounts. At Claimsplus Lawyers, we help you determine if you potentially qualify for a Total and Permanent Disability (TPD) or income protection (IP) claim. If eligible, we guide you through the process of nominating us to instruct the ATO to conduct a lost super search, focusing on the time you first ceased work due to illness or injury.
For an immediate search, you can also check your super accounts through MyGov—a quick and convenient way to uncover lost super.
Why Conduct a Lost Super Search Through the ATO?
When you stopped working due to illness or injury, the insurance policies linked to your superannuation could have provided financial support. However, without accurate details about your super accounts, you could miss out on:
- Lump Sum TPD Payments: A one-off payment if you’re permanently unable to work due to your condition.
- Income Protection Benefits: Ongoing payments to cover up to 75% of your income during periods of inability to work.
A lost super search by the ATO focuses on identifying accounts and insurance cover active when you first ceased work, ensuring no opportunities are overlooked.
What Can the ATO Lost Super Search Reveal?
By working with Claimsplus Lawyers, the ATO lost super search can uncover:
- Lost Super Accounts: Identify superannuation accounts that may have been forgotten or inactive.
- Insurance Policies Linked to Your Super: Locate TPD or IP cover that was active when you ceased work.
- Unclaimed Super Balances: Even if no insurance cover exists, reclaim lost super funds to maximise your financial position.
How Does a MyGov Super Search Work?
Before proceeding with the ATO lost super search, you can quickly check your super accounts using your MyGov account. Here’s how:
- Log in to MyGov:
- Visit MyGov and log in to your account.
- Link to the ATO:
- If you haven’t already, link your MyGov account to the Australian Tax Office (ATO).
- Search for Super Accounts:
- Navigate to the superannuation section to view all your active and lost super accounts.
Need help linking your MyGov account to the ATO? Check out our step-by-step guide: Link Your MyGov Account to the ATO in 3 Minutes.
The Lost Super Search Process with Claimsplus Lawyers
Here’s how Claimsplus Lawyers assists you in initiating and benefiting from the ATO’s lost super search:
- Eligibility Assessment:
- We assess whether you potentially qualify for a TPD or IP claim based on your medical condition and work history.
- Signing an Authority to Nominate Us:
- If eligible, you will need to sign an authority nominating Claimsplus Lawyers to act on your behalf.
- This authority allows us to instruct the ATO to conduct a lost super search focused on the time you first ceased work.
- Detailed Reporting:
- Once the search is complete, we provide you with a comprehensive report, including details of any active insurance policies or lost super balances.
Why Timing Is Critical
Insurance cover within superannuation often depends on your employment status at the time you stopped working due to illness or injury. Even if your super balance now shows “nil cover,” policies may have been active when you ceased work. The ATO’s lost super search prioritises this timeframe to ensure no opportunities are missed.
How Claimsplus Lawyers Supports You
Our role goes beyond the ATO lost super search. At Claimsplus Lawyers, we:
- Provide Expert Assessments: Determine your eligibility for TPD or IP claims based on your situation and policy details.
- Handle the Search Process: Assist you with signing the authority and instructing the ATO to conduct the search.
- Offer No-Win, No-Fee Service: You pay nothing unless we secure benefits for you.
- Provide Tailored Legal Guidance: Simplify complex superannuation and insurance policies to maximise your entitlements.
Take Action Today
Even if you’re unsure whether you have lost super or active insurance policies, the ATO lost super search can reveal critical financial opportunities. Don’t let potential financial support go unnoticed.
Contact us today to begin the process, sign the necessary authority, and take the first step toward reclaiming your super and accessing potential TPD or IP benefits.
