Many of the most profitable insurance companies in America are also the most efficient when it comes to unfair and unwarranted long term disability insurance denials. This practice increases the wealth of its executives and investors and harms the one group it is in business to protect: its policyholders.
Long Term Disability and Bad Faith
Insurance companies hold a legal duty to their policyholders to act in good faith and fair dealing. If your insurance company has failed to uphold this responsibility, you are able to sue on a bad faith claim. Unfair disability insurance claim denial is an example of a way in which long term disability insurance providers have failed to uphold their duties as an insurer and have resulted in countless bad faith lawsuits throughout the nation.
If you have been denied your long term disability benefits, your insurance provider may have claimed the following:
- You failed to disclose a pre-existing health condition
- Your medical examinations were insufficient or inadequate
- There were problems with your paperwork or documentation
- The claim you filed was for a condition that is not a “covered” disability
- Our findings indicate that your procedure was elective, not medically necessary
Even loyal, long-term policyholders who have been paying regular premiums for years can fall victim to disability insurance denials. If you become ill or injured and are unable to work, you may need to depend on your long term disability insurance for your financial security. Facing a denial of these benefits could result in the:
- Immediate loss of your regular income
- Loss or foreclosure of your home
- Loss of your savings
- Denial of your health care
Long Term Disability Insurance Denials and Your Legal Options
Every state has laws banning bad faith insurance practices; however, large long term disability insurance companies have ample legal resources at their disposal to eradicate your complaints. You don’t have to face this long and discouraging battle alone. An experienced attorney that specializes in long term disability denials will assist you in your fight to reclaim the benefits and compensation you deserve.
If you have become a victim of long term disability insurance denial, your claims process is not over. There are legal options available to you to assist in appealing your denied claim. At Sokolove Law, we are ready to review your long term disability denial claims and help you in your fight to regain the benefits you may be are entitled to.
Call Sokolove Law today at (800) 614-6357 to speak with one of our long term disability case managers or fill out the form on this page to request a free no-obligation legal consultation.