What would happen if you suffered a serious accident or illness and became disabled? You would be unable to work and earn income. How would this impact your life? Would you be able to keep making your car payments? Do you have enough savings to keep paying your mortgage?
If you are like most Canadians, a disability would cause financial devastation to you and your family. Many Canadians suffer from at least one disability. More than 6 million Canadians over the age of 15 have one or more disabilities that limit their daily activities.
While disabilities tend to occur in advanced age, many younger people in Canada struggle with disabilities. They afflict 13% of Canadians between the ages of 15 and 24. Youth are more likely to struggle with learning disabilities and mental health conditions. Women are slightly more likely than men to be disabled (24% vs. 20%). Of all Canadians with disabilities, 57% have mild disabilities, while the other 43% suffer from severe disabilities.
Disabilities can be caused by car accidents and other types of personal injury. However, the majority of them are caused by medical conditions. Long-term disability can be caused by a variety of health issues, including diabetes, heart disease, stroke, cancer, arthritis, traumatic brain injuries, chronic pain, and mental health disorders.
Finding employment is much harder for disabled Canadians. Those with severe disabilities are more than twice as likely as those with minor disabilities to be unemployed. Youths with disabilities are less likely to be in school. More than 30% of adults are living in poverty due to disabilities. On average, those with no disabilities earn twice as much as those with severe disabilities. Women with disabilities are hit the hardest. They earn 13% less than women with no disabilities and 24% less than men with disabilities.
Given this information, you can imagine that a disability—no matter your age or gender— can affect your income for the rest of your life. If you have become disabled, the Stirling disability lawyers at Preszler Law Firm can help you understand what benefits are available to you. Contact us today at 1-800-JUSTICE so we can get started on your claim.
Our disability lawyers can meet with you in Stirling for a free initial consultation. Call (416) 364-2000
How Disability Insurance Can Help
Disability insurance can be a lifesaver should you suddenly become injured or ill and unable to work. It will replace your income so you can continue to pay your bills and keep your home, car, and other assets.
Disability insurance may not be something you think about, especially if you are young. Like all insurance policies, you will have to pay a premium whether you use it or not. While you may never need to use your coverage, it offers peace of mind in case the unexpected occurs and you do need to use it.
While some employers offer disability benefits to injured workers, self-employed people do not have this option. If they become disabled, they are on their own. Therefore, they should look at policies that replace as much income as possible. Most policies top out at around 60-70% of a person’s income.
Look for a policy that fits your needs. Some renew automatically, while others can cancel at any time. Some have rates that increase over time. Others end at a certain age. Be sure to find one that offers the coverage you need so you have benefits available to you when you need them.
Stirling Disability Lawyer Near Me (416) 364-2000
Why Hire a Lawyer
You could pay your insurance premiums on time and meet all the requirements for disability, but your claim could still be denied. Even the smallest mistake can negatively impact your claim. Your benefits could be delayed or denied altogether.
This may not seem fair, but unfortunately, this is how insurance companies work. They will look for every opportunity to deny your claim. After all, when they pay you, they lose money—and every company’s goal is to make money.
At Preszler Law Firm, we work hard to ensure you get the money you deserve. We know the law when it comes to disability. We will examine your policy and make sure all the requirements are met. We understand the financial challenges that you and your family are facing.
Why Are Claims Denied?
Insurance policies often have ambiguous wording so that a majority of the claims can be easily denied. Each disability insurance policy is different and the requirements differ for each one. In fact, the main feature of disability insurance is the definition of “disability.” This influences the cost of the policy. “Own occupation” policies are more expensive because they kick in when you are unable to perform duties of the job for which you are trained. This means you would be considered disabled if you are not able to do your chosen profession and your benefits would kick in. Policies that offer “any occupation” coverage are cheaper but broader. They define disability as the inability to do any type of work, which means it is harder to qualify for benefits.
An insurance company may deny a disability claim for several reasons:
- You are not considered “disabled” under the policy’s definition.
- You did not submit enough evidence to show you are disabled.
- You did not file your claim on time.
By hiring a lawyer early on, you can avoid a denial. Our lawyers can help you obtain the evidence needed to prove your disability. An appeal is an option, so do not give up. We can help you obtain the benefits you deserve.
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Speak with an Experienced Disability Lawyer
If you have suffered a disability, getting the compensation you need can be a challenge. Insurance companies are not quick to pay up because they want to hold onto their profits. This can be frustrating since you cannot work and you are trying to recover from your disability.
The disability lawyers at Preszler Law Firm can help. If the insurance company is causing you unnecessary delays or denying your claim, we can help gather the evidence needed to prove your disability. Schedule a free consultation today. Fill out the online form or call our office at 1-800-JUSTICE.