When you apply for disability insurance, the insurance provider will usually schedule a medical exam as part of the underwriting process. This exam serves two purposes: to understand your baseline health and to confirm that you’re not at a very high risk of getting disabled. During the exam,...
“Benefit Period”: A benefit period in insurance refers to the length of time an insurance claimant is eligible to receive benefits for a covered claim. This period varies depending on the specific terms of the policy. For example, in long-term disability insurance, a benefit pe...
Many disability insurance policies, especially those governed by ERISA, are subject to offsets—meaning that the insurer can reduce benefits if the insured receives income from other sources. However, not all sources of other income are fair game, as evidenced in the case of Aisenberg v. Relianc...
A disability is a physical or mental health condition that prevents an individual from performing daily tasks without assistance. Learn more about what constitutes a short-term or long-term disability and the difference between short-term and long-term disability insurance policies. ...
Long-term disability policyholders inWashington,Oregon, Hawaii, Alaska, Montana,Idaho, California, Nevada and Arizona who have had their LTD claims unfairly or unreasonably delayed or denied may be eligible to file a lawsuit against their long-term insurance company. ...
adisability insurance; it can be an individual or group disability policy, either a Long-Term Disability Insurance or ashort-term Disability Insurance. Choose the one that works the best for you and your family. Disability can be mental or physical, both can count on claiming an insurance ...
Presumptive total disability, in which the elimination period is waived due to certain physical losses. COBRA premium benefits, which reimburses COBRA premiums if you lose your medical insurance due to your disability. In addition to the above, you can also add riders that provide a cost-of-liv...
» MORE: What is Social Security Disability Insurance (SSDI), and how does it work? 4. Functional impact Your doctor has the option to describe how your condition affects your physical ability to perform a job. Your doctor may also provide examples. 5. Remarks This section lets your doctor...
The timeline and amount of disability benefits you'll receive depend on which of the two disability programs offered by the Social Security Administration you are eligible for — Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI). Here's a breakdown of SSDI vs. SSI...
It is usually required during the Social Security Disability Insurance (SSDI) application process and includes questions related to your daily activities, physical limitations, mental health, and social interactions. Why the Function Report Matters Your responses on the SSA-3373 allow disability ...