Why Every Physician Should Make the Purchase of Having a Disability Insurance Policy Their Immediate Priority

Did you know that statistics show that 70% of Americans have no disability insurance coverage at all. In fact, 3 and 10 Americans become disabled at some point before they retire. And even more frightening is that 60% of all personal bankruptcies are filed as a result of an inability to pay for medical expenses for loss of the ability to work. As a physician, you may think that you are too busy to deal with a disability insurance agent or that there is any value in having a long term disability policy. Well, doctor, I hate to tell you...

09 August

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The Truth About How Long Term Disability Carriers Try to Clean Up Their Books

Posted by Nancy Cavey

in Long Term Disability

Unfortunately, many long term disability carriers try to clean up their books every quarter just before they have to make quarterly reports to their share holders. It’s not uncommon for many long term disability policy holders to get letters stating that their long term disability benefits were denied or terminated. If you’ve been denied long term disability benefits in Virginia or your benefits were terminate, the clock is ticking. You have 180 days to appeal the insurance companies decision to deny or terminate your benefits and many long term disability carriers are waiting for that clock to run out hoping that...

14 June

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How to Find Low Cost Health Care Options if You Are On Short or Long Term Disability Benefits

Posted by Nancy Cavey

in Long Term Disability

It is not uncommon for short and long term disability applicants to lose, at some point, their group health insurance coverage when they are terminated by their employer. It is important that you get medical care not only for the treatment of your disabling condition or you are generally required by the terms of the disability policy to prove on going treatment. If you find yourself uninsured and unable to afford health care while you are collecting long term disability benefits, you should consider the following low cost health care options: Enroll in community health centers. There are many community...

14 June

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Myofascial Pain Syndrome Disability

Posted by Nancy Cavey

in Fibromyalgia Disability Claims

[vc_row][vc_column][vc_column_text]You may have fatigue or brain fog, your doctor may have diagnosed you as having a condition known as fibromyalgia or Myofascial pain syndrome. If you have been diagnosed with having fibromyalgia you should immediately apply for Social Security Disability benefits. If your fibromyalgia Social Security Disability claim has been denied, don’t give up, you should appeal the decision and any denial of the Request for Reconsideration. Don’t be discouraged, it is, unfortunately, very common for fibromyalgia Social Security Disability claims to be denied benefits at the initial and request for reconsideration stage. Many fibromyalgia Social Security Disability claims are won...

13 June

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The Dirty Secret about UNUM’s Disability Questionnaires

Posted by Nancy Cavey

in Insurance Carriers

UNUM disability applicants will be asked to complete a number of questionnaires including an activity of daily living form. Do you think that UNUM is interested in your well being and that of your family by asking these questions. Absolutely not, long term disability carriers, including UNUM will deny disability benefits if you are capable of “sedentary” work. The US department of Labor defines sedentary work as the “ability to exert up to 10 pounds of force occasionally, spending most of the time on walking and standing on an occasional basis.” Long term disability carriers like UNUM will use activity of daily living...

09 June

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Six Most Common Reasons for Disability Insurance Policy Denials

Posted by Nancy Cavey

in Long Term Disability

You should protect your income, particularly if you are a small business owner or a professional like a doctor, lawyer or dentist. Before you apply for disability insurance polices, you should know the six most common reasons for your disability insurance carrier to say no to your disability application and refuse to cover you. These include: Your health, age or build High risk or uninsurable job Self- employment where you work out of the home. Working oversees Too much existing disability insurance coverage Not enough income If your disability application has been denied, you should sit down and have a conference with your agent to learn the...

Author: Nancy Cavey