The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law enacted to protect an individual from pension and insurance fraud. Its rules apply to almost all employee group short term and long term disability policies. Among other things, ERISA gives a policyholder the right to appeal an insurance company’s decision to deny […]
Private versus Group Disability Denials: What You Need To Know
People purchase disability insurance to provide supplemental income in the event that they become too ill or injured to work. There are two types of long-term disability insurance policies: group and private. Group disability insurance policies are purchased by employees as part of a “group” insurance plan provided by their employers. Private disability policies are […]
Qualifying for Breast Cancer Disability Benefits
It’s estimated there will 268,600 new cases of invasive breast cancer diagnosed in 2019. Worse, it’s estimated that 41,760 women will die from breast cancer in the U.S. this year. How many of these deaths could have been prevented through early detection and treatment? That’s one of the reasons to support National Breast Cancer Awareness […]
Failure to Follow Prescribed Treatment Could Cost You Disability Benefits
If you are filing a claim for long-term disability benefits, always follow your doctor’s instructions and review your disability policy. You may lose your disability benefits if it can be determined that you failed to follow prescribed treatments. Don’t let this happen to you. Insurance companies like to use failure to follow prescribed treatment as […]
Can your Long Term Disability Insurance Company require you to turn over your Social Security Award?
Workers who have bought long term disability insurance plans through your employers and have become too sick or injured to work may be encouraged by their insurance company to apply for disability benefits from the Social Security Administration as well. Sometimes this can be a terrible mistake. An insurance company will ask you to apply […]
Should You Accept A Lump Sum Disability Insurance Settlement?
People buy disability insurance to provide financial assistance in the event that they become too ill or injured to work. If this happens, they file a claim with their insurance company to collect disability benefits. After a disability benefits claim is approved, the insurance companies will sometimes offer the policyholder what is known as a […]
