The Importance of a Strong Disability Insurance Policy

When a disability is keeping you from earning the income you want, a disability insurance policy might be able to help. However, finding the right disability insurance policy can be difficult. Exploring how to find a strong disability insurance policy is vital for finding disability benefits that match your needs. Feel free to talk to a Pennsylvania disability attorney to start this process.

How Disability Insurance Helps People

You might be wondering if disability insurance is right for you. Exploring the benefits of disability insurance policies may help you decide. Some of the most common disability insurance benefits include:

• Monthly payments
• Replacing lost income
• Medical bill coverage
• Coverage for basic living expenses

Disability insurance can make a huge difference in the lives of many people struggling with disabilities. Not only do disability insurance benefits cover lost income caused by disabilities, but these benefits can also save lives. Instead of skipping medical appointments due to low funds, those with disability benefits often have their medical costs paid for.

Why a Strong Disability Insurance Policy is Vital

A strong disability insurance policy can mean the difference between financial stress and financial security. When you cannot work, a strong disability insurance policy will be able to cover all your costs of living. Not choosing the right disability insurance policy for you could lead to not having all your expenses covered.

This not only matters for the monetary benefits but also for the length of your disability. There are short-term disability insurance policies and long-term disability insurance policies. Short-term disability insurance only covers you for a few weeks or months. Whereas long-term disability insurance could potentially cover your expenses for life.

Investigating how long your disability insurance will cover your expenses is vital for avoiding financial stress. The last thing you want is to choose a disability insurance policy that runs out while you still have a disability and no income. Some policies cover five years while others cover you until retirement.

The frustrating part is that if you are choosing to buy your own disability insurance policy, then your options might be limited. Many private disability insurance companies that offer this base your options for policies on your medical history and specific criteria.

You may also have to go through a medical evaluation by the insurance company. Not cooperating and refusing to provide information could block you from receiving disability insurance benefits. Being honest is crucial for avoiding potential delays or problems with your application.

Consider contacting a Pennsylvania disability lawyer if you have questions about how any of this works. An experienced lawyer can guide you through the process of choosing the right disability insurance policy for your unique situation. A lawyer can also help you increase your chances of receiving benefits by helping you build a strong disability claim.

Call Edelstein & Nelson Today

Finding the disability insurance policy that is right for you can be difficult. Reach out to a Pennsylvania individual disability insurance lawyer if your disability insurance benefits were delayed or denied. Start by contacting Edelstein & Nelson by dialing (800) 300-0909 for a consultation today about your legal options. Our legal team can help you find ways to increase your chances of receiving disability benefits.