Unfortunately, it happens all the time - disputes between claimants and insurance companies can often arise during long term disability cases.
Over Half of LTD Claims are Denied
Contracts between you and your insurance company can be very convoluted and contain a number of hidden loopholes. Claimants depend on the security of a long term disability contract and often pay into their employee or privately purchased disability benefits for years. But up to 60% of legitimate claims are denied by the disability insurance company. And as we’ve talked about in many past blogs, that’s when it’s time to get a disability lawyer involved.
Because long term disability claims usually mean substantial and ongoing benefit payouts, insurance companies will often try every angle to deny the benefits that you deserve. This is how their business operates - when they deny you, they save money. They get away with this because often the claimant is not adequately informed of the provisions of their policy, or they become so frustrated with the process of obtaining their disability benefits that they give up, returning to work when they are not ready.
Denied LTD Cases Often Lead To Lawsuits
The idea of working with a lawyer, suing your insurance company can seem incredibly intimidating and stressful. We understand that things are also not easy for you at this moment - your health has been suffering, you are unable to work, and now your insurance company, who was supposed to be there in your time of need, has decided they will not pay your disability benefits.
These benefits exist to provide you with the financial support you need so that you can focus on your health and rebuilding your life. It is unfortunate that your insurance company has not lived up to its promise. If your claim has been denied, we will fight to get you the benefits you are entitled to.
Although many denied long term disability cases lead to lawsuits, the good news is that many of these cases can be settled before going to court. Our long term disability lawyers can stand up for your rights and expose the inconsistencies in the insurance company's contract that may result in you getting the benefits you need.
There are a number of approaches your lawyer can pursue to resolve your case without ever having to go to court including: fighting for a reinstatement of your disability benefits (where the insurer will pay what is owing to bring the disability benefits up to date) or a buyout or lump sum settlement (where the insurer pays a lump sum in return for the insured giving up all of his or her future rights under the agreed upon policy).
Our Disability Lawyers Help Settle Your Case
Having the experienced disability lawyers from the Share Lawyers team by your side during your long term disability case sends a strong message to your insurance company that you need to be treated fairly. Your insurance company knows Share Lawyers by name, and they know that our lawyers do not give us. This can improve your chances of settling your case. Our lawyers work to prove your entitlement to benefits and by motivating your insurance company to properly evaluate your claim and give you proper and fair consideration.
In this video, President David Share talks about how our team handles your case. “We’re there to protect our clients and guide them through every step of that process and to try to minimize their stress levels.”
To learn more about our process of settling your disability claim, please visit the Our Process page on our website.
Denied your long term disability claim?
Contact Share Lawyers today and put our experience to work for you. Our 35+ years of experience can help you win your case against Canada Life, Desjardins, Manulife, RBC Insurance, Sun Life, and other insurance companies. We offer free consultations and there are no fees unless you win your case.