Scarborough Long-Term Disability Lawyer
If you have sustained a severe injury, a chronic physical illness, or a debilitating mental health condition and can no longer work as a result, provided you have an appropriate level of insurance coverage, you might be eligible to collect long-term disability (LTD) benefits.
LTD benefits are intended to help seriously ill or injured insurance policyholders when they are unable to carry out the duties of their jobs because of a prolonged, disabling medical condition. Eligible claimants who cannot continue performing the tasks associated with their current occupations may be entitled to receive between 60-70% of their regular wages through monthly payment installments.
Insurance policyholders might be able to access disability coverage through their employer’s group plan. If their employer’s plan does not provide sufficient coverage, they may choose to purchase a private policy that covers LTD benefits and pay its monthly premiums independently.
Before being able to access LTD benefits, eligible claimants must take advantage of all other benefits available to them. These might include short-term disability benefits and Employment Insurance (EI) sickness benefits.
LTD benefits are not designed to provide eligible policyholders with all the wages they have lost on a monthly basis as a result of being unable to work due to their disabling medical condition. Generally speaking, LTD benefits usually only cover between 60-70% of a recipient’s normal earnings. Additionally, depending on the terms and conditions of their policy, a recipient’s monthly payment amount might be subject to certain caps.
That said, for people struggling to manage the debilitating symptoms of their disabling medical conditions, LTD benefits often provide a crucial degree of financial security. Without access to these critical benefits payments, disabled workers might find it impossible to continue making ends meet.
Unfortunately, many insurance companies find reasons to deny claims for LTD benefits submitted by policyholders whose medical conditions legitimately prevent them from doing their jobs. As a matter of fact, even though insurers are not compelled to disclose exactly what percentage of LTD claims are denied each year, by examining the number of disability claims annually denied by the Canada Pension Plan (CPP), it can be determined that more than half of all LTD claims are initially denied by insurance companies.
Furthermore, even people who are fortunate enough to have their claims for LTD benefits approved could face difficulties with their insurance company after receiving monthly payments for two-years. Oftentimes, after this arbitrarily-determined length of time, insurance companies impose stricter eligibility requirements on benefits recipients, and might terminate their monthly payments if they do not meet these new qualifications. While some disabling medical conditions might improve within twenty-four months of being diagnosed, many do not. And even though LTD benefits recipients might not be ready to return to their workplaces, their insurers might terminate their monthly payments anyway.
If your claim for LTD benefits was denied even though your medical condition makes it impossible for you to perform the duties of your job, or if your LTD benefits payments have been terminated even though you are still not capable of returning to work, our Scarborough long-term disability lawyers may be able to assist you. To learn more, contact ustoday.
Contact Our Long-Term Disability Lawyers Serving Scarborough
Our Scarborough long-term disability lawyers provide all prospective clients with a free initial consultation. Even if you are unsure whether you might be able to pursue further action against your insurer to recover the coverage you are owed, consider taking advantage of your free initial consultation. By doing so, you will have the opportunity to review the details of your case, learn about options for legal action that might be available to you, and receive case-specific advice tailored to your unique set of circumstances.
To learn more, schedule your cost-free, no-obligation first meeting with our long-term disability lawyers serving Scarborough by calling 1-800-JUSTICE.