Los Angeles Disability Insurance Attorneys
Get Help With Disability Insurance Claims in Encino
Facing a debilitating injury or illness can be difficult, but disability insurance is designed to make it easier. Employees or self-employed individuals purchase disability insurance, either through an employer plan or a private plan, while they are healthy.
What Is the Difference Between Long-Term & Short-Term Disability Benefits?
This helps them protect their income in the event that an injury or illness keeps them from work. Disability insurance can provide short-term benefits to eligible workers while they take time off work and recover, and long-term disability benefits can help workers for however long their injury lasts.
Insurance companies recommend that every person who relies on a paycheck carry disability coverage, but they do not always cover their policyholders correctly under federal ERISA laws. Fortunately, you can file a lawsuit if your insurance company acts unfairly, and The Disability Specialists are here to help.
Why Do People Purchase Disability Insurance?
According to the Social Security Administration (SSA), 1 in 4 young adults will experience a disability for 90 days or more before they reach retirement age. Most people cannot imagine missing months or years of work because of an injury or illness, so they purchase disability insurance to provide partial income and protect their #1 asset – their ability to earn an income.
While workplace injuries or occupational diseases warrant workers’ compensation coverage and injuries and illnesses caused by negligence call for personal injury lawsuits, countless diseases and accidental injuries fall under the umbrella of disability insurance.
If you carry private disability insurance, your insurance company is responsible for acting in your best interest, and if you do not, you may need to turn to the government (the SSA).
What Is the Difference Between Short-Term and Long-Term Disability Benefits?
Short-Term Disability (STD) Benefits
Short-term disability (STD) benefits provide a larger portion of your base salary while you are out of work, but they do not last as long as long-term disability (LTD) benefits. Typically, STD benefits replace 60 to 70% of your salary and last for a few months to a year.
Long-Term Disability (LTD) Benefits
Conversely, long-term disability benefits replace 40 to 60% of your lost income and end when the disability ends or when you are old enough to retire. Because LTD benefits represent a bigger financial commitment for your insurance company, they are often more difficult to recover.
Click here to learn more about long-term disability care.
Disability Insurance Providers
In the United States, the top disability insurance providers include:
- Cigna Lina
- Liberty mutual
- And others
These insurance companies have a fiduciary duty towards their policyholders, which means they must act in the best interests of those they insure.
Unfortunately, insurance companies do not always meet their fiduciary responsibility. Sometimes, insurers deny or delay valid claims in an effort to protect their profits.
Other times, they recognize a qualifying medical condition and confirm disability only to reverse their stance and terminate benefits months or years later. When your insurance company behaves unfairly, you have the right to hold them accountable and fight for the benefits you deserve.
The Disability Specialists can help you:
- File or expedite a claim
- Appeal a denial
- File a lawsuit against your insurance company for short-term or long-term benefits
Recover the Benefits You Deserve
Insurance companies often look for any reason to deny your claim, so you need to follow every step of the claims process perfectly to get approved. Even if you do everything just right, insurance companies can choose to delay or deny your claim.
At any point in the claims process, though, you can hire an attorney. When it comes to recovering benefits for our clients, The Disability Specialists have more than 20 years of experience and a 99% success rate.
We handle your case with a personalized approach and highlight the unique strengths of your claim. Whether you need help gathering medical evidence and filing a claim or you need to go head-to-head with a major insurance company, our team is here for you.
We only handle disability insurance, and we offer services in English and Spanish in:
- And nationwide
Our disability lawyers are here to help you.
Your claim begins when we explain your rights and legal options during a free consultation, so don’t hesitate to call us at (818) 495-8298 or contact us online to schedule yours today. Our disability insurance attorneys are here for you!