Frankel & Newfield, P.C.

We Have Recovered Over $100 Million In Claims For Our Clients

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WE DO NOT HANDLE SOCIAL SECURITY DISABILITY CLAIMS

February 2010 Archives

New York Times' Article on the Disability Insurance Odds

A recent article in The New York Times on Disability Insurance takes an amused look at the sources behind the numbers used to explain how important disability insurance is to the American worker. But hidden behind this lighthearted discussion are some very real facts - the average person who becomes disabled rarely has the resources to maintain their pre-injury or pre-illness lifestyle. And that's where disability insurance comes in.

UNUM REPORTS HEALTHY FINANCIAL NUMBERS - BUT WHAT ABOUT DISABILITY INSURANCE POLICYHOLDERS?

Unum Group just released its quarterly earnings report for the end of 2009 that proudly trumpets the company's "favorable operating trends and solid capital position." President and CEO of Unum is quoted saying "the actions we have taken (sic) the past several years have positioned us well and provide us with significant operating and financial flexibility." While that may make the company's shareholders happy, it doesn't do much for the UNUM long term disability insurance policyholders whose claims are being delayed and denied. When an insurance company does not pay its policyholders, or instills a company-wide policy, unspoken or otherwise, of denying claims, it's considerably easier to show healthy profits.

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Frankel & Newfield, P.C.
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