Philadelphia Insurance Disability Lawyer for Professional Athletes

The strenuous demands on professional athletes’ bodies require foresight and financial protection. As a professional sports agent, you likely manage your clients’ insurance matters, including the purchase of an individual disability insurance policy. At the Philadelphia disability insurance law firm of Edelstein Martin & Nelson, LLP, we have an in-depth understanding of this unique type of insurance.

Before purchasing a disability insurance policy for an athlete, and especially before filing a claim, it is important to consult with a knowledgeable Villanova long term disability lawyer.  Protect your client’s potential future earnings by contacting Keith Martin online or calling 866-532-2504. We advise clients in Philadelphia’s Tri-State Area and across the United States.

Insurance Company Tactics

Some professional athletes’ policies may state that a claim can be denied if the athlete is suffering from a pre-existing condition, or if the athlete still has the ability to engage in other employment. Philadelphia insurance disability lawyers at Edelstein Martin & Nelson, LLP know how to obtain accurate medical opinions and fight to protect an athlete’s right to the benefits he or she is entitled to.

It is also important to understand a policy that includes an ” own occupation” clause. For example, if a hockey player becomes disabled and can no longer play hockey, he can no longer function in his “own occupation.” However, the insurance company may claim that the former hockey pro can now work as a coach, to justify denying or decreasing the athlete’s disability payments. This is a bad faith act on the part of the insurance company and should be aggressively opposed.

Professional Athletes and Lump Sum Buyouts

Many disabled individuals who are former professional athletes do not realize they may have the option of receiving a lump sum of their existing insurance policy. A lump sum buyout can give you much more flexibility than lifetime benefit payments.

Contact Philadelphia disability insurance law firm of Edelstein Martin & Nelson, LLP if you have questions about a professional athlete’s disability insurance coverage. Call our disability insurance lawyers in Pennsylvania at Edelstein Martin & Nelson, LLP at 866-532-2504.