Hi My wife has a TPD insurance policy through her super fund and has made a claim on it due to her ill health. Claim has been accepted by the super funds insurance company and the super fund has received the cheque. The super fund is now saying that the proceeds of the cheque have to be paid into their account and held in some "cash option holding" (could not quite get the terminology right)...for nearly 2 weeks and can not tranfer the cash to our account till the 22nd December. My wife has been off work for several months now and I would have thought that an insurance payout should come straight to the beneficiary to help with their ongoing care and support? Is this standard procedure for a super fund to hold on to insurance payouts like this? Thankyou.