Severe Financial Hardship Claim Form - TAL 2025

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Significant financial hardship includes when you: cannot meet minimum living expenses. cannot pay the mortgage on the home you live in, and your mortgage provider is seeking to enforce the mortgage. need to modify your home to meet your special needs or those of a dependent family member.
Severe financial hardship and your super Severe financial hardship is when you are unable to meet reasonable and immediate family living expenses like groceries, rent or medical costs. You may be able to access some of your super early to help.
Lenders may ask you for evidence of your hardship, like a doctors certificate or termination notice. Lenders may also ask for bank statements and evidence of income.
Examples of evidence that may support your detailed description of extreme financial hardship include: Bank statements; Pay stubs or proof of unemployment; Utility bills; Rental agreements; Medical bills; and. Proof of unstable housing or homelessness.
An applicant may satisfy the extreme hardship requirement by showing that both relocation and separation are reasonably foreseeable and that each would more likely than not result in extreme hardship.
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A single person is in severe financial hardship if: their readily available funds are equal to or less than the specified limit (as set out below), AND. they CANNOT reasonably be expected to sell or borrow against assets (1.1. A.
Please use this form to authorise TAL to provide information about your insurance policies to a nominated Authorised Representative (e.g. spouse, Adviser, Lawyer or any other nominated third party).

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