If you suffer with a disability, you are probably also feeling the pinch of not having enough money at the end of the month. If you have long term disability policies, then you can file a claim to get your benefits so that you can have enough income coming in until you can get back on by your feet and back to work. There are many disability conditions and your insurance policy should give you all the details explaining which one you would most likely qualify for. This is the type of insurance that you have paid all your life for; so you can use it when you can’t get to work due to an injury or illness.
Who is eligible for long-term disability benefits?
The only way you are eligible for this type of insurance is, if you have paid into it and have a plan. Most people elect to purchase it through an employer because of the discounted rates. Others try to find their own policy.
How does it work?
When you use your short term disability payment, you can then claim a long term disability claim which will give you a percentage of your estimated salary. It will be payable during a certain term or until you are able to return to work. The percentage will be determined based on a number of factors including what type of policy you have.
Things don’t always run smoothly
Just because you pay for a policy, doesn’t mean you are always going to get it without the hassle. If you have difficulty collecting compensation from your plan then you may want to hire a lawyer to assist you in obtaining it. Insurance companies will normally deny or even delay paying benefits even though you have been on time with your payments to them. An insurance company can deny benefits due to:
• Missing information
• Failure to supply medical proof
• Incorrect information
• Failure to submit the application on time
• Misleading information
• Lack of diagnosis
If there are discrepancies with your report and the medical records they receive, then you could be denied coverage. Another factor that insurance company till take into consideration is if you are able to do part of your job, but not all of it. To them, this means that you can still work. There are some complaints from claimants feeling responsible for being denied by the insurance company to receive their disability. They end up blaming themselves for it and because they are already feeling overwhelmed they may not be willing to keep trying. Sometimes, claimants will appeal the denial again and again and still get turned down every time.
If this happens to you and you are denied your long term disability claim, don’t worry about it. Keep in mind that this is standard practice for insurance companies and it’s important that you don’t allow it to get you upset. Instead, turn it over to your injury lawyer to help you. You are feeling overwhelmed and exhausted from your accident dealing with denial is not something, you can handle right now. Don’t give up on the insurance policy and let them know that you aren’t going to. You will need to make sure that everything you have paid out to them, you want back.