Receiving a diagnosis for a disabling medical condition can be a life-changing, anxiety-inducing experience. Many people who have been diagnosed with a chronic illness, sustained a severe physical injury, or developed a severe mental health disorder find it impossible to continue working because of the symptoms of their disabling medical conditions. As a result, they often face monumental stress and financial instability.
Luckily, those who have access to sufficient insurance coverage may be entitled to long-term disability (LTD) benefits. Intended to replace a portion of their regular wages when their disabling medical conditions prevent them from carrying out their daily work-related duties, LTD benefits are often included in employers’ group insurance plans. They might also be available to individuals who hold private insurance policies of their own.
Even though LTD benefits do not replace a disabled workers’ total wages, they typically provide recipients with between 60-70% of their normal earnings. These monthly income replacement payments can provide recipients with a degree of financial stability during a very difficult chapter of their lives.
LTD benefits could be made available to policyholders suffering from both physical disabilities and mental disorders. As a matter of fact, across the country, 30% of disability claims are attributed to mental health conditions.
Claimants who wish to apply for LTD benefits must provide their insurance provider with sufficient proof to substantiate the severity of their medical condition and to illustrate the preventative effect its symptoms have on their ability to perform the tasks of their job. Unfortunately, even those who should qualify to receive these benefits struggle to get the insurance coverage to which they should be entitled.
In fact, insurers often look for reasons to deny applicants’ claims, or to prematurely terminate the payments of successful claimants after a set period of time. And even though insurers who deny LTD benefits claims are required to provide the applicant with reasons for their denial so their decision can be appealed, oftentimes these reasons are difficult to comprehend.
That is why it is important to seek out legal advice if your claim for LTD benefits has been denied or if your benefits payments have been unfairly terminated. By working with our Cochrane long-term disability lawyers, you might be able to overturn your insurance provider’s unfair determination to receive the benefits you rightfully deserve. To learn more about working with our long-term disability lawyers serving Cochrane, contact us today and receive a free initial consultation on your case.
Even though insurance companies may provide unfairly denied benefits claimants with the opportunity to appeal their decision, doing so on one’s own can seem overwhelming, complex, and futile. While worrying about one’s physical and/or mental health and struggling to support oneself and one’s family financially without the ability to work in one’s chosen occupational field, the last thing a disabled individual should have to do is fight a large insurance company for their right to fair compensation.
Our Cochrane long-term disability lawyers handle all aspects of our clients’ claims so that they can focus on their health. To learn more about working with our long-term disability lawyers serving Cochrane, contact us today and book your cost-free, no-obligation first meeting.
Since 1959, Preszler Injury Lawyers has been helping Canadians pursue meaningful compensation from insurance providers.
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