Lump Sum Policy Buyouts

When a disability insurance company pays monthly benefits to an insured individual, it is losing money. One strategy used by these companies to cut losses is to buy out the insured individual’s disability policy in return for a one-time lump sum amount.

Reasons to consider a lump sum policy buyout

If you have been receiving long term disability benefits, you might want the security of knowing that benefits will not be taken away further down the line by an arbitrary decision of the insurance company. Individuals, who have had a bad experience with their insurance carrier and don’t want […]

Long Term Disability Appeal Checklist

Connecticut Long Term Disability Attorney Iván A. Ramos offers a checklist of things to do before you file a Long Term Disability Appeal. Attorney Ramos understands that this is a difficult time for you and knows that preparing a complex appeal is the last thing on your mind when you are trying to cope with a serious medical condition. For this reason, when he works on a case, he does not charge any legal fees until the insurance company issues the payments that you are entitled to. As part of his services, he prepares the initial […]

It’s Not Just An Appeal Letter

Applicants whose Long Term Disability Benefits have been denied often believe that all that they have to do is “just file a letter” in order to successfully appeal their claim. This erroneous notion is probably fostered by the way that insurance companies handle the process. Usually, the denial letter states something like: “If you disagree, you have 180 days to appeal our decision and tell us why.” Unfortunately, claimants are unaware that appeals submitted with a simple one or two page letter are in all likelihood going to be denied. In addition, claimants are unaware […]

How To Get Your LTD Policy? Why is it Important?

A Long-term disability (LTD) policy covers you for the partial or complete loss of income in the event that you are unable to work due to injury or illness. As the name suggests, this coverage provides benefits to replace a percentage of your lost wages. Anyone considering applying for LTD benefits should request an actual copy of their policy.

You can obtain an LTD policy from your employer by writing a letter to the human resources department. You should specifically ask for a copy of the long term disability plan and the […]

How to Deal With Surveillance From the Insurance Company

Disability insurance companies use surveillance as a tactic to investigate and deny claims. This practice is, for the most part, just an intimidation tactic. In the overwhelming majority of cases, video surveillance is useless in determining whether a person is disabled or not. A single moment of footage does not establish whether a person is able to work. Unfortunately, there isn’t much that law can do to stop insurance companies from sneaking around and spying on you. With some insurance companies such as Liberty Mutual and The Hartford, surveillance is guaranteed to […]

Five Common Excuses used by Insurance Companies to Deny your Disability Claim

If you have received a letter from an insurance company denying or terminating your long term disability benefits, you might feel discouraged by some of the reasons used by the company to turn you down. However, we urge you not to give up and understand that insurance companies often deny long term disability without sufficient basis. At RamosLaw, we know very well that disability claims examiners at insurance companies use the same baseless excuses to deny claims over and over again. If your long term disability benefits have been […]

What to Do When Your Insurance Company Calls You

Soon after you file your long term disability claim, the insurance company will contact you to learn the particulars of your medical condition and the reasons why you are unable to work. Unfortunately, in many cases, what they really want to do is find information that they can use as an excuse to deny your claim. You have to be very careful when you are speaking to the insurance representative on the phone. The insurance claim examiner is not your friend, even though he or she might seem to be really nice. […]