If you have ever wondered how insurance companies make money, it is tricking claimants and keeping their money. Indeed, the insurance industry is one of the biggest and wealthiest in the world, and there is no doubt why that is. While your long-term insurance is supposed to protect you during difficult times, insurance companies make it complex to get.
If you are experiencing problems getting your disability insurance even after paying your premiums on time, you may find a disability attorney helpful. The companies that offer disability insurance are quite skilled in tricking people, delaying and rejecting claims. The last thing you want is to become one of their victims.
Common disability insurance tactics
Stalling your claims process.
Disability insurance companies use a number of ways to stall the claims process, one of which is requesting more and more data and unnecessary documents. They may request duplicates of documents that you may have already provided them with or ones that are irrelevant to the claim. For example, the insurance company may request a specific medical report from decades ago that is not related to the medical issue you are experiencing.
Sending you for independent medical examinations.
The insurance company will not easily believe that you are sick and need financial assistance to support yourself and your family financially. They may not believe you even after you provide them with accurate and objective medical evidence. Therefore, they will send you to a physician of their choice to confirm whether you are actually sick.
During these examinations, the doctor (who may be poorly qualified or inexperienced) will review your documents, assess your condition, and find a way to claim that you are not disabled.
The insurance companies may require an in-person or telephone interview with the claimant during the early stages of the process. Insurance companies spend a significant amount of time and effort in training their employees to ask tricky questions to claimants. These questions usually trigger answers that can be twisted or misconstructed later. This usually provides the insurance companies with the ammunition required to reject a claim.
Insurance companies often use video surveillance. They usually hire a private investigator to sit outside your house or follow you while video recording everything you do. The best way to protect yourself is by being alert about who is outside your home or whose car is parked just outside your window.