Long-term disability insurance: A quick overview

An unexpected health concern can leave you in a state of trauma and financial distress. If you (or your employer) paid for disability insurance, you are entitled to long-term disability benefits. In general, one has to be out of work for at least six months, to file a claim to get these benefits. In the real world, getting benefits of the long-term disability insurance you paid for may not be easy. The good news is most health conditions are covered in such policies. In this post, we are sharing more on conditions that qualify for LTD in the United States and why you need to contact an attorney. 

Things worth knowing

For the unversed, a long-term disability policy will pay for a percentage of the individual’s income, if they cannot find work because of health reasons. However, there is usually a limit to the term for disability benefits. For instance, if you have been diagnosed with fibromyalgia, your policy may only offer these benefits for 24 months or less. It all depends on your condition, how the claim is presented, and other details of the long-term disability policy. If you had a pre-existing condition, that may impact your benefits in a big way. 

What conditions qualify for LTD?

The list of conditions that qualify for LTD is long. From Parkinson’s disease, anxiety, depression, bipolar disorder, fibromyalgia, to cancer, AIDS/HIV, chronic pain, Lyme disease, epilepsy, lupus – Most of these health conditions are covered. Note that Covid-19 Coronavirus is also included in the list. 

Do you need an attorney?

Hiring a long-term disability attorney is your personal call, but could be relevant in many ways. First and foremost, keep in mind that insurance companies are not on your side, and your claim may be denied on unreasonable grounds. How the medical documentation supports your claim is an important factor here. Many people consult long-term disability attorneys to know if their claim is strong enough. In case your claim is denied, you can still file an appeal within a limited time. You have 180 days to file an appeal, from the time your long-term disability claim is denied, and an attorney can help in representation.  

Contact an attorney, so that you don’t have to deal with the stress of your claim. Most long-term disability attorneys offer free consultation, and many wouldn’t charge a fee, until you get the benefits that you are entitled to. Check online now to find more on long-term disability attorneys near you!