Are you have been facing a long term disability for past few years and unable to work? You can be entitled for long-term disability benefits to restore your some of lost income if you have a long-term disability (LTD) insurance policy. Most of the LTD policies are ruled by the Employee Retirement Income Security Act and federal law generally recognized as ERISA. As a consequence, LTD policies are often mentioned as ERISA disability policies. Few imperative things to remember when you are considering filing an ERISA claim are elaborated further.
1. The success rate of your case depends on the LTD policy's accurate definition of "disability"
Some ERISA disability policies define the term barely, so that you will be found disabled when you are not capable to do the duties of any occupation. However, other policies describe disability as the incapability to "considerably" perform your own occupation. It is also probable that after receiving benefits (generally for 24 months), your policy's description of disability will switch to the more strict occupation standard. As a consequence, your LTD benefits being concluded after 24 months. You must check your policy's summary plan explanation and other LTD requirements, if you are considering filing for LTD benefits.
2. Most LTD plans have particular waiting period
Most LTD plans come with "elimination period" of 90 or 180 days, throughout which you are not yet entitled to receive benefits, although you are disabled. LTD candidates must consider about utilizing all their sick time and short-term disability benefits before filing for LTD benefits.