In general terms, disability restricts your ability to do work and perform daily activities in your life. Long-term disability as the name suggests restricts your ability to do work for a long period of time. Although the long-term disability can also be of permanent nature. Long term disability can be incurred during work-related tasks/injuries.
Steps to apply for long-term disability insurance
- Before enrolling in long-term disability insurance read the insurance policy in detail, particularly the terms and conditions of getting a claim for insurance.
- Dealing with a long-term illness or sudden disability can be a very stressful time. So, knowing how to file a claim becomes crucial.
If the disability insurance is provided by the employer then the first step should be to notify your employer and if insurance is self-purchased then a document should be obtained from the doctor so that the claim process could be initiated at the earliest.
- A review time limit of your policy- it is important to review your policies for time limits on filing applications and submitting medical slips/records. Missing a deadline can result in immediate denial of benefits so, make sure that you understand the policy language very well and don’t miss an important deadline.
- Hire an attorney – consulting an experienced attorney can make things easy to understand for you. An attorney can help you to navigate the complex process as they can decipher the policy language for you. They help you out throughout the process from how to obtain copies of your policy documents, how to attach applications with the medical records etc. You will need their help as they create the best chances for your insurance approval and still help you if your application is denied.
- Filing of employee statement- the last and final step for application approval for long-term disability insurance is the completion of the employee statement. Statements consider providing basic information about the employee like contact details, address, medical provider information, and disabling diagnosis. It is very important to note that timing is everything as the employment statement should be filed within the time limits set forth in the policy.
- Review the details of our plan to see what your insurance company considers to be a disability so that it becomes easy for you to receive the claim related to your kind of disability.
- Medical conditions that qualify for long-term disability- a few of such medical conditions that qualify for long-term disability insurance are as follows:- cancer, depression, bipolar disease, HIV/AIDS, sclerosis, etc.
- Applying for insurance at the end is also simple although the language could be a sometimes little bit confusing if you understand the whole process step by step then understanding the claiming process becomes really easy. You can apply by filing a claim with your insurance provider. And if your claim I’d somehow denied then your hired attorney can help you to deal with the process.
Every policyholder should have a particular knowledge of the whole process and system of long term disability insurance so that they can easily get the claim in a time-bound manner.
