In this video, Attorneys Gregory Dell and Victor Peña discuss general trends with Disability Insurance companies. They note that no matter how large an insurance company is, nor how long it has been in business, all disability insurers seem to have the goal of denying as many claims as possible. The insurance companies are in the business of making money, and the more people they have on claim, the less profit there is to the business.
There are more than 40 long term disability (LTD) insurance companies, and they all seem to have different behaviors, which often change as a company undergoes new management, hires new workers, and develops new strategies. At Dell & Schaefer, we have learned how to work with each one of them and know how they each deal with a claim.
We submit claims designed to prove disability with the initial submission. Even so, there are some companies that appear to have a policy of denying initial claims. They take advantage of every level of denial to discourage and delay the award of disability insurance benefits. Other companies provide extensive and lengthy denial letters to try and make it seem difficult to challenge.
Watch our video to learn more and contact any of our disability insurance attorneys for a free initial phone consultation.