Disability Insurance Blog

Long Term Disability Insurance Company Claims Adjusters A Little Cranky?


Wednesday, June 17th, 2009

If the next time you call to speak with a Long Term Disability Insurance Claims adjuster or a clerk and they sound cranky or on edge, don’t be surprised. According to statistics from the U.S. Department of Labor reported in the June issue of Best’s Review, an insurance industry trade publication, April marked the six consecutive month that the insurance industry’s payrolls dropped. In April, no less than 4,000 jobs hit the chopping block. February saw 2,200 jobs cut, and 2,000 were let go in March. These numbers reflect the entire insurance industry, not just long term disability insurance companies. But the overall trend is not a good one.

So, if claim adjusters are on the chopping block, how do they best maintain their place within the company? By saving the company money – lots of money. Policy holders who have filed a claim or are thinking of filing a claim for disability insurance benefits need to keep this in mind. The person on the other end of the phone has two objectives in mind – to prevent their employer from having to pay out benefits on a claim, and two – to save their jobs. A difficult situation for them – and even worse for the policyholder.

Do not let your claim become a casualty of this difficult business environment. Stay vigilant and consider getting counsel involved. If you have questions, call us at 877-LTD-CLAIM (877-583-2524).