Long term disability insurance is a type of insurance that provides financial protection to individuals who become disabled and unable to work for an extended period of time. It is designed to help those who can no longer earn an income due to a disability, illness or injury. It can provide a monthly income to help cover expenses such as medical bills, mortgage payments and other living costs. Long term disability insurance is usually purchased through an employer or through an insurance agent.
In most cases, long term disability insurance is designed to provide a monthly income for up to two years, although some policies may provide up to five years of coverage. The amount of monthly income provided depends on the policy purchased and the amount of coverage purchased. Many policies also provide additional benefits such as reimbursements for medical bills and other expenses related to the disability.
When Do You Need an Attorney for Long Term Disability Insurance?
The most common reason to hire an attorney in a long term disability insurance claim is if the insurance company denies your claim. If you have been denied, an attorney can help you appeal the denial and ensure that your rights are protected. An attorney can also help you understand the rights and obligations of both you and the insurance company.
In addition to helping with appeals, an attorney can also advise you on other aspects of your claim. This can include reviewing the policy for accuracy and ensuring that you are getting the benefits you are entitled to. An attorney can also help you with any paperwork or other required documents that need to be filed with the insurance company.
What to Look for in an Attorney for Long Term Disability Insurance
When selecting an attorney for a long term disability insurance claim, there are certain qualities to look for. The attorney should have experience in this area of law and have a good understanding of the insurance company’s policies and procedures. The attorney should also be familiar with the appeals process and be able to explain the process to you in detail. Finally, the attorney should be willing to answer any questions you may have and provide you with sound legal advice.
How Much Does an Attorney for Long Term Disability Insurance Cost?
The cost of an attorney for a long term disability insurance claim will vary depending on the experience and reputation of the attorney. Generally, attorneys will charge a fee for the initial consultation and then charge an hourly rate for any work done on the case. Some attorneys may also require a retainer fee to be paid up front. Be sure to ask the attorney about their fees and any payment plans that may be offered.
How to Find an Attorney for Long Term Disability Insurance
When searching for an attorney for a long term disability insurance claim, you should start by asking for referrals from friends and family. You can also look for attorneys in your area by searching online or in the phone book. Once you have found a few potential attorneys, you should contact each one to discuss your case and get an idea of their experience and fees.
Conclusion
If you have been denied a long term disability insurance claim, hiring an attorney can help you appeal the decision and ensure that your rights are protected. When selecting an attorney, it is important to look for one with experience in this area of law and who is familiar with the insurance company’s policies and procedures. Be sure to ask about the attorney’s fees and payment plans before you hire them. Finally, you can find an attorney by asking for referrals from friends and family or searching online or in the phone book.
