As the economy grinds ever slower, markets dive and the only increasing numbers are jobs lost, disability insurance companies have begun circling the wagons into a tight, self-protective circle that claimants will find increasingly harder to break through. The disability insurance companies are fighting to protect their cash reserves and the claims area is the first and fastest place to shore up cash reserves. There is no downside for these companies when they delay or deny a claim, and long term disability policyholders need to keep that in mind as they go through the claims process.
When disability insurance companies deny or delay claims, the worst that happens to the insurance company is that a court will force them to pay the original amount of the claim to a date certain (and not into the future) and their in-house attorneys will be busy. For policyholders, claim delays and denials can lead to a ruined credit rating, loss of their home, bankruptcy and worse.