According to a study released on April 30 by the Centers for Disease Control and Prevention, the number of American adults reporting a disability took a significant leap upwards between 1999 and 2005. As the recession continues to grind on and the baby boomer generation continues to age, expect to see more claims for long term disability insurance benefits. And don’t think for a moment that the LTD insurance companies aren’t paying attention. After all, the entire business of insurance is based on the model that while some people will file a claim, most will not.
When the statistics become overwhelmingly out of favor for the insurance companies, the hardball of claims will get even tougher. If you have been denied disability benefits, if you are on claim and payments are delayed, if you are about to file for long term disability claims, or if you have had enough of dealing with the insurance company and want to explore a settlement, visit our website, give us a call at 1-877-LTD-CLAIM (877-583-2524).