What is ERISA and What Does it Have to Do with My LTD Claim? ERISA is a federal law that regulates the handling of Employee Benefit Plans. The term is an acronym for the Employee Retirement Income Security Act of 1974. By definition, ERISA covers practically all group disability, health, and retirement plans within private […]
No one expects to have trouble with their long term disability claim. A disabling condition, such as cancer, diabetes, chronic fatigue, back injury, PTSD, depression or any serious illness or accidental injury can interrupt or end a person’s ability to earn a living.
Insurance companies are in business to make money for themselves and their shareholders. To escape paying benefits on valid claims, many resort to a playbook of denial tactics, such as insisting that:
Q: How much time do I have to appeal a denied claim?
If you have an individual LTD insurance policy, one that you purchased privately, the time in which you must appeal the denial will be specified in the letter of denial sent to you by the insurance company. Most private LTD policies allow you 180 days to appeal the denial—but it is critical that you check the denial letter to be sure.
Most people who are victims of a disabling condition never thought they’d also be victims of their insurance provider. Never thought they’d need a long term disability lawyer to help them get their rightful disability benefits.
Unum’s handling of disability claims has been the focus of countless lawsuits. Among other disciplinary actions, Unum was the subject of an investigation by the Department of Labor that led to a court order fining Unum for $15 million for inappropriately denying claims. The company was then directed to reevaluate over 200,000 claims they had previously denied.