Worrying about money can become a real concern when you can no longer work because of a disability. The good news is that you have options. There are three main ways you can obtain monetary benefits if you have an acquired or lifelong disability, as long as you can prove that your disability prevents you from working. These three ways include private, state, and federal Philadelphia disability benefits. Talk to a Philadelphia Individual Disability Insurance Attorney to find out more.
The three main sources of Philadelphia disability benefits in the United States exist at the state, federal, and private levels. However, state-sponsored disability insurance is rare and only exists in five states. Philadelphia and Pennsylvania are not part of those five states. Even between these five states, each state has different requirements to meet the qualifications for disability insurance.
Federal disability benefits are managed by the Social Security Administration (SSA) and they come with specific guidelines and eligibility requirements. Checking whether you meet these requirements is as simple as visiting the SSA website or your local Social Security office and asking questions. When you are ready to apply, you will be given forms to fill out online or in-person.
Philadelphia private disability insurance programs vary greatly compared to federal and state disability benefits programs because private programs are less regulated. The largest benefit of choosing to go through a private disability insurance company is that these companies will cover you for partial disabilities. Whereas, the SSA may not cover you at all for a partial disability.
With almost every upside comes a downside. The main downside of private disability insurance is that you could be charged more money, you might be denied coverage, and your coverage could be time-limited. SSA disability benefits usually last as long as your disability does with no payments on your part.
If you are considering applying for an SSA disability benefits program, then you should know what programs they offer and the differences between those programs. The two main types of Philadelphia disability insurance programs offered by the SSA are Social Security Disability Insurance Benefits (SSDI) and Supplemental Security Income (SSI).
SSDI is for people with a disability that prevents them from working for at least a year and people who have paid into Social Security through various jobs in the past five years. Do not panic if you do not meet the latter requirement because you can always apply for SSI, a program for people who do not make enough money each month to support themselves. Unlike SSDI, SSI has no requirements for your job history, just for your current income level.
Do not hesitate to seek help from a Philadelphia Delayed Insurance Benefits Lawyer if your disability benefits have been delayed for a prolonged period of time. Call Edelstein & Nelson at 800-887-4529 for a consultation today. Our legal team of Pennsylvania disability attorneys will help you collect the evidence you need for a strong disability claim.