Your source for the latest health, disability and Insurance news and tips

Ways to better understand disability insurance

Some people are familiar with disability insurance, as they have purchased an individual policy. Others are familiar because they receive this benefit through their employer. And then there are those who are unsure of what this coverage has to offer.

As confusing as it may sound, there is no reason you shouldn’t be able to understand the finer details of disability insurance. Here are four points to consider:

— You can purchase individual disability insurance, while also receiving a policy through your employer. Some companies offer this benefit, others do not.

— It doesn’t matter if you are buying an individual policy or receiving coverage through an employer, make sure you know what it covers, how long your benefits pay out, and if there are any limitations.

— Make note of how much money your disability policy would pay in the event of an injury or illness. Is this enough money for you to pay your bills while you recover?

— Know the difference between short and long term disability insurance. Furthermore, understand if you have both types of coverage or just one.

Along with the above, don’t overlook the fact that a disability insurance claim could be denied. This can lead to many challenges, including an appeal process. You should understand this is a possibility, and that it could come into play at some point.

There is no denying the benefits associated with individual and group disability insurance. As long as you understand your policy, as well as how to make a claim for benefits, you will feel more confident.

Source: Fidelity, “How to insure your paycheck,” accessed May. 11, 2015

Our Promise To Our Clients:

  • FREE: Consultations and Insurance Case Evaluations Are Always Free
  • UNDERSTANDING: We understand how you feel. Our clients are often at the very bottom of their life, feeling emotionally, physically, and financially exhausted.
  • PASSIONATE PEOPLE: Our expert Attorneys and Dedicated Staff Love The Work We Do. We are Compassionate, Caring, and Results Driven.
  • UNPARALLELED RESOURCES: We will not be bullied or outspent by billion-dollar insurance companies or their army of lawyers. 
  • RESPECTED: We have fought and won the respect of every disability and Long-term care insurance carrier for our policyholders.
  • RESULTS: Frank Darras and his firms have recovered nearly a $1 billion dollars in wrongfully denied insurance benefits to date, and we put that proven track record to work for you and your family.

DarrasLaw is Americas' most honored and decorated disability litigation firm in the country. Mr. Darras has seen more, evaluated more, litigated more, and resolved more individual and group long term disability and long-term care cases than any other lawyer in the United States.

Request a Free, Confidential Case Review.
Skip to content