Financial Assistance
Hi, I am new to BCNA as I was recently diagnosed with Breast Cancer. I have had two operations (lumpectomy) and now need to have a mastectomy. I have used all of my current work sick leave and do n...
Forum Discussion
Hi Debbie, sorry to hear of your recent diagnosis. You may have the income protection component attached to your Superannuation Policy, and you may be able to receive up to 75% of your income paid to you monthly over an 18 month period paid to a maximum of two years. Please have a look at your superannuation policy with a "fine tooth comb", as many people do not in fact realize they have inbuilt Income Protection in their super policy.
Also you may be eligible to see a Financial Planner (pro bono), and I suggest you ring the Cancer Council line to see if they can guide you in this area. They were most helpful to me and put my name forward to see a Financial Planner who knows all the "ins and outs" of applying for Income Protection, Centrelink "dilemmas" and Total Permanent Disability. I can't thank my Financial Planner enough for all the advise and support she gave me through navigating my personal financial situation.
You didn't say how long your treatment is likely to continue for, if it is a long haul and you are not able to work for a while, then will be worth having conversations with a finance expert before you make any decisions that cannot be reversed. Sometimes getting out superannuation early is not the best personal permanent solution to a short term problem. I hope I have helped you a bit. Take care and stay safe. xo
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Also you may be eligible to see a Financial Planner (pro bono), and I suggest you ring the Cancer Council line to see if they can guide you in this area. They were most helpful to me and put my name forward to see a Financial Planner who knows all the "ins and outs" of applying for Income Protection, Centrelink "dilemmas" and Total Permanent Disability. I can't thank my Financial Planner enough for all the advise and support she gave me through navigating my personal financial situation.
You didn't say how long your treatment is likely to continue for, if it is a long haul and you are not able to work for a while, then will be worth having conversations with a finance expert before you make any decisions that cannot be reversed. Sometimes getting out superannuation early is not the best personal permanent solution to a short term problem. I hope I have helped you a bit. Take care and stay safe. xo
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