Whether you are insured under an individual insurance policy that you obtained on your own, or a participant under a group benefit plan that was provided to you as a benefit of your employment, it is critical to have a copy of the documents governing your benefits claim before contacting the insurance company or other administrator regarding your claim for benefits. The documents, whether individual insurance policy or group plan benefit documents, are legally significant and contain the terms by which your benefits claim should be reviewed and determined.
There is a plethora of disability insurance policies on the market and numerous coverage options, coverage limitations, terms, and definitions to consider and understand when applying for disability benefits, filing an appeal, renewing or changing coverage options, or responding to inquiries and requests for information from you insurance company. Failure to recognize and appreciate the terms and limitations within your policy can result in reduced coverage, a shortened benefit period or a denial of benefits. Generally, these are the basic types of disability insurance policies available: