What To Do When Your Disability Insurance Won’t Pay Your Claim
Many large insurance companied have recently been the subject of class-action lawsuits for intentionally and wrongfully denying legitimate disability claims. It is the ultimate insult to an injured worker when the insurance company that they have paid for years refuses to do the one thing that the policy was inp place to do: pay for lost wages in the event of disability.
Private disability insurance is different from Social Security Disability (SSDI / SSI) and also from workers’ compensation insurance. Disability insurance is in place to pay for the lost wages that occur when they worker becomes disabled. Private insurance is sometimes paid for by an employer, and sometimes it is purchased by the employee themselves. The premiums are paid over the course of the employee’s career with the goal of compensating them if they ever suffer an injury that interferes with their ability to work. Sometimes the injury can be the result of a work-related accident, or it can simply be an illness or injury that happens outside of work, but still affects the
Why are Companies Denying Claims?
In a word? Money. It makes their insurance policies essentially a scam. The fewer claims they pay out, the more profits the insurance company makes. Given the recent reports of insurance companies making blanket and widespread denials of valid claims, it is not hard to believe that they will place profits over the health and well-being of their customers. If you have a disability policy that is refusing to pay out on your claim, don’t take no for an answer. Stand up to their legal team by hiring a legal team of your own. Our experienced attorneys will make sure that your claim is given reasonable consideration by the insurance company, and that they are punished for any wrongdoing.
Where Can I Turn If My Claim Was Denied?
Wrongfully denying valid disability claims is not only immoral, but it is illegal. If your claim for disability insurance payments was denied, you need to speak with an attorney as soon as possible to determine whether or not you should fight the insurance company’s decision. Our attorneys will fight to make sure your rights are protected. Remember that you paid for this policy. Don’t let the insurance company cheat you out of a settlement when the time comes to do what they have been paid to do. Our attorneys can help you challenge the ruling on your claim and also file a bad faith lawsuit against your insurance carrier to punish them for wrongfully denying your claim.
If you were injured or developed an illness that interferes with your ability to work, you need to speak with an attorney as soon as possible. Call our office today to schedule a consultation where we can help you evaluate all possible sources of income available to you to compensate for the lost wages that you have incurred as a result of your disability.