UNUM’s 2008 Profits Come at the Expense of Long-Term Disability Policy Holder’s Piece of Mind | Clearwater ERISA Disability Attorney

UNUM's 2008 Third Quarter Profits are in! UNUM reported a "net income of $108.00 million in the third quarter of 2008 compared to a net income of $187.00 million in the third quarter of 2007". Mr. Thomas R. Watjen, president and CEO, commented in an article found at http://www.ad-hoc-news.de/UNUM-Group-Reports-Third-Quarter that he was "pleased with our operating results and the quality of our balance sheet . . ." UNUM's profits coming at the expense of UNUM LTD Policy Holder's peace of mind. UNUM is robbing their long term disability policy holders by denying valid long term disability...

01 November

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Can the Long Term Disability Carrier Force You to Use A Social Security Disability Claims Service They Recommend Like Allsup? | Clearwater ERISA Disability Attorney

Posted by Nancy Cavey

in Long Term Disability

Many long-term disability insurance policies require you to apply for Social Security disability benefits, and will offer the services of companies like Allsup, Occudanta, Advantage 2000, Disability Services, Inc. to help you with your Social Disability Claim. Should you use these companies? As an experienced long-term disability/ERISA and Social Security disability Attorney. My answer is unequivocally "No"! In fact, UNUM was convicted on making LTD applicants apply for Social Security disability even if the applicant was not entitled to or qualified or eligible for Social Security disability. Of course, some may think my answer is based on...

01 November

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Do My Doctor’s Records Make A Big Difference?

Posted by Nancy Cavey

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Insurance companies have a good ol’ boy network of doctors that cherry pick your doctor's medical records in favor of the disability insurance company. This good old boy network reports only what the disability insurance company wants to hear to the disability carrier such as Liberty Mutual, Reliance, MetLife, Hartford or CIGNA deny your Long Term Disability claim. Your doctor's records do make a big difference in the insurance company review process. Tampa Bay disability attorney Nancy Cavey has an educational video explaining to you why your doctor's records make a big difference. www.youtube.com/watch?v=RBXKN9jWCGc...

01 November

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What Percentage of My Income Should My Long Term Disability Policy Cost On an Annual Basis?

Posted by Nancy Cavey

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What Percentage of My Income Should My Long Term Disability Policy Cost On an Annual Basis? Long Term Disability policy premiums will depend on your age, gender, health history and your occupation. An important factor is the policy elimination period which is a specific length of time that you would go without getting benefits. People usually choose a ninety-day period of time to go without benefits at the onset of their disability. When that time is up, the company starts paying you benefits. The longer your elimination period, the cheaper your premium. I’ve seen it...

01 November

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Is the Definition of Disability Important In a Disability Policy?

Posted by Nancy Cavey

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Is the Definition of Disability Important In a Disability Policy? Absolutely. Most disability policies will provide a payment of two years of benefits if you are unable to engage in your own occupation. However, Long Term Disability carriers will fudge on the definition of disability. You need to make sure that you understand what your own occupation means.It can mean an inability to engage in the material and substantial duties of your own occupation as performed in the national economy or inability to engage in material and substantial duties in your own occupation as performed by...

Author: Nancy Cavey