Disability insurance tragedy

How your long term disability insurance policy WILL FAIL

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People & Blogs

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• Disability

[rvsw]

I cannot send email to the id that you mention at the end of the video. I wish to assist in your efforts

[rvsw]

A potential customer / employer should be educated about ERISA disability specifically. The employer is probably doing a disservice to the employee by making her believe that she is well taken care off in case of a disablity

[wpenrose]

My advice is, don't attempt to collect private disability insurance unless you have a lot of money and a good law firm at your back. My wife's struggle is too long for this space, but she had to fight for every dime she collected. Her doctors were harassed until they asked her to find other doctors. After seven years, with no remaining reasons to cancel her payments, the insurer simply cut off her benefits. We took them to court, and it cost $22K and four years to fight them to a settlement.

[NorgePrecision]

In the policies that I sell it clearly states in the definitions that YOUR doctor determines your disablity as he/she has seen your health history and can make a better decision on the matter. I can probably guess the company you had if I had three guesses, but I won't mention the names.

[NorgePrecision]

I'm sorry about your situation. You bought a policy with an "any occ" classification. This means that for 2 years as long as you are not employed you will receive benefits...after that you must be unable to work at any occupation. It's essentially a major medical policy for health insurance. I've never sold that type of policy nor will I. I will only sell policies that give you choice to move on to a different occupation or pay you regardless.

[DisabledVictim]

What you miss is the fact that the INSURANCE Company does committ fraud when it says a real disabled person can work ignorring all the doctors reports except their paid off doctor, and finding non existant jobs that they are either not qualified for or medically can't do. Don't blame the company buying the policy when it is the Insurance company that DENIES the coverage.

[ThatFalGuy]

I agree 100% Everyone wants to make the insurance company look like the bad guy. What they don't realize is that the plan their on is a contract that was written between their company and the insurance company. Too many people get away with fraud so that's why the better insurance companies make you "jump through hoops" for you to be covered.

[kittychats]

Amen! They are a horrible joke to deal with! The difficulty goes way beyond delayed checks.

[northok]

Testify ! TWR

Amen, private disability income insurance is a joke. With their constant recertifications. I love how they pick and choose which Gov't standards they want to use. SSDI asks for recert at a min of 3 yrs, but that's not good enough for the private insurers. Let's make someone who's disabled jump through as many hoops as possible in hopes they'll get discouraged enough and go away. Chris, you're advice sounds like something your candidate would say--not helpful, just rhetoric.

[TheWeatherReport]

It's a sad state of affairs when SSDI (the federal gov't) outperforms a private insurer.

SSDI does what they say, when they say their going to do it, exactly how they said they would.