Social Security Disability Benefits and Long Term Disability Benefits

Aug 22, 2014 | WC & Other Laws

When you receive Long Term Disability (LTD) benefits from a private insurance policy, your insurance company will probably require you to file for Social Security Disability benefits.  Most LTD policies have requirements that you file for Social Security benefits after you begin receiving LTD benefits from their policy.  The insurance company wants you to file for Social Security Disability because they can reduce their monthly payments to you by the amount of your monthly Social Security Disability payment saving the company potentially quite a bit of money over the life of the policy.  These policy requirements are important:  if you do not file for Social Security Disability benefits as required, the insurance company can reduce your LTD benefits anyway by using the Social Security Administration’s estimate of your benefits.
Filing for Social Security Disability benefits also can benefit you.  If your LTD claim is denied by your insurance company, that fact that your Social Security Disability claim was approved and you are receiving benefits can be evidence in your favor should you appeal your LTD denial.  Your minor children may also receive a monthly benefit payment from Social Security.  Finally, you will have Medicare coverage after two years of benefits.
Getting Social Security Disability can be a long and complicated process.  Having an experienced knowledgeable attorney helping you through the process can make the difference between getting benefits and losing your claim.  Call us at 303-780-7329 or click HERE to arrange for your FREE CONSULTATION.  We help disabled individuals all over the United States obtain the benefits they deserve.