Ask the Expert: Disability Insurance Q&A with Industry Expert Steve Crawford
I recently spoke with Steve Crawford, President of The Guardian Disability Insurance Brokerage based in Rockville, MD. It has been one of the leading producers of Guardian disability insurance across the country for more than a decade. Our discussion has been on specialized topics I thought my readers will find interesting. In particular, we discuss how diabetics can get the best disability insurance policies, as many of my readers have diabetes and Steve is a diabetic himself.
Richard O'Boyle: When considering long-term care insurance conversion of some disability insurance options, so consider a consumer? Does it make sense to consider a separate plan of long-term care altogether?
Steve Crawford: There are not many individual disability insurance policies on the market that have a conversion option insurance long term care insurance companies disability higher level. Some of the smaller companies and less comprehensive contracts offer this option, but it is not very common in the industry in terms of percentage of individual insurance policies sold disabilities. My advice to consumers is to have their own individual insurance policy disability during their working years, and at some point in their 50s to also purchase their own individual policy long term care. Usually, there is a 10-year period in which someone owns both, but actually protects against two different things.
Richard O'Boyle: When submitting a disability insurance claim with your insurance, what should a consumer take into account and what are some reasonable expectations about the amount of time for processing claims?
Steve Crawford: Most disability insurance claims are really easy to process. When someone has become blind or suffer from amyotrophic lateral sclerosis, or some other type of claim is pretty cut and dry, it is simply a matter of filling out the claim form and get paid. When a claim is something a little more unusual, that is when you can take some time to get paid. Usually, the company will have a doctor complete the form to attest claims of disability. A consumer should always remember that disability policies are all about "the duties associated with his occupation," not about job titles. As a consumer fills out a claim form must provide details about why the illness or injury prevents them from performing specific tasks associated with their occupation, it is not the inability to perform a job. There are many qualified insurance claims disability consultants in the industry, and most of them can be located in the category of http://www.disabilityinsuranceforums.com/ Consultants claims, which also tend to offer a lot of free advice on that message board.
Richard O'Boyle: If your claim is denied disability insurance, which the remedies have a taker?
Steve Crawford: You can work with a claims consultant, or lawyer specializing in disability claims to try to overcome a rejected claim. Obviously you can also file complaints with the state insurance departments.
Richard O'Boyle: People with diabetes have a higher risk of a number of health complications. How the impact of underwriting disability insurance? What are some steps that can be taken when applying for disability insurance to improve their chances of getting a standard policy?
Steve Crawford: Diabetics have a very difficult road, but not impossible to get an insurance policy personal disability. The insurance company will want to see an excellent disease control, and that is not something that every diabetic can show. Diabetics who have health complications, or have no chances perfect control is need to have a risk policy Assurity graduate or Illinois Mutual. Diabetics who have excellent control, which are in good health, and have no history of complications can implement policies higher level. The most likely get a policy scoring with a short period of benefit if accepted at all. I recommend all diabetic patients who apply for disability insurance to work with a specialist in the area. It is not easy to get a policy as diabetic path, but a path that is vital for all diabetic patients to travel.
Richard O'Boyle: If you are considering a private insurance policy disability, how realistic is it to assume that federal income Social Security disability will be available to you, and should that forms a solid foundation for a period of benefits two years?
Steve Crawford: Frankly that's a horrible plan. SSDI is extremely difficult to qualify. You have to be totally and completely disabled, no hope of recovery for a period of at least one year, and is expected to last much longer. They deny an overwhelming number of applicants claim. Any diabetic should get the highest level of disability insurance protection they can get, and relying on SSDI for coverage is playing Russian roulette with five bullets in the gun. SSDI is not a program anyone should trust the protection of your family income.
A If you are in New York and would like to schedule a confidential, no obligation consultation, contact me directly. If you are not in New York and would like to speak with a licensed specialist disability in your area, please complete this form to request information ...
à If you are currently exploring their need for disability insurance, you are welcome to download our free work Sheet Disability Insurance to help you better assess the amount of coverage you may need.
(C) 2012-2015 Prism Innovations, Inc. All rights reserved. http://www.prism-innovations.com/
Richard O'Boyle: When considering long-term care insurance conversion of some disability insurance options, so consider a consumer? Does it make sense to consider a separate plan of long-term care altogether?
Steve Crawford: There are not many individual disability insurance policies on the market that have a conversion option insurance long term care insurance companies disability higher level. Some of the smaller companies and less comprehensive contracts offer this option, but it is not very common in the industry in terms of percentage of individual insurance policies sold disabilities. My advice to consumers is to have their own individual insurance policy disability during their working years, and at some point in their 50s to also purchase their own individual policy long term care. Usually, there is a 10-year period in which someone owns both, but actually protects against two different things.
Richard O'Boyle: When submitting a disability insurance claim with your insurance, what should a consumer take into account and what are some reasonable expectations about the amount of time for processing claims?
Steve Crawford: Most disability insurance claims are really easy to process. When someone has become blind or suffer from amyotrophic lateral sclerosis, or some other type of claim is pretty cut and dry, it is simply a matter of filling out the claim form and get paid. When a claim is something a little more unusual, that is when you can take some time to get paid. Usually, the company will have a doctor complete the form to attest claims of disability. A consumer should always remember that disability policies are all about "the duties associated with his occupation," not about job titles. As a consumer fills out a claim form must provide details about why the illness or injury prevents them from performing specific tasks associated with their occupation, it is not the inability to perform a job. There are many qualified insurance claims disability consultants in the industry, and most of them can be located in the category of http://www.disabilityinsuranceforums.com/ Consultants claims, which also tend to offer a lot of free advice on that message board.
Richard O'Boyle: If your claim is denied disability insurance, which the remedies have a taker?
Steve Crawford: You can work with a claims consultant, or lawyer specializing in disability claims to try to overcome a rejected claim. Obviously you can also file complaints with the state insurance departments.
Richard O'Boyle: People with diabetes have a higher risk of a number of health complications. How the impact of underwriting disability insurance? What are some steps that can be taken when applying for disability insurance to improve their chances of getting a standard policy?
Steve Crawford: Diabetics have a very difficult road, but not impossible to get an insurance policy personal disability. The insurance company will want to see an excellent disease control, and that is not something that every diabetic can show. Diabetics who have health complications, or have no chances perfect control is need to have a risk policy Assurity graduate or Illinois Mutual. Diabetics who have excellent control, which are in good health, and have no history of complications can implement policies higher level. The most likely get a policy scoring with a short period of benefit if accepted at all. I recommend all diabetic patients who apply for disability insurance to work with a specialist in the area. It is not easy to get a policy as diabetic path, but a path that is vital for all diabetic patients to travel.
Richard O'Boyle: If you are considering a private insurance policy disability, how realistic is it to assume that federal income Social Security disability will be available to you, and should that forms a solid foundation for a period of benefits two years?
Steve Crawford: Frankly that's a horrible plan. SSDI is extremely difficult to qualify. You have to be totally and completely disabled, no hope of recovery for a period of at least one year, and is expected to last much longer. They deny an overwhelming number of applicants claim. Any diabetic should get the highest level of disability insurance protection they can get, and relying on SSDI for coverage is playing Russian roulette with five bullets in the gun. SSDI is not a program anyone should trust the protection of your family income.
A If you are in New York and would like to schedule a confidential, no obligation consultation, contact me directly. If you are not in New York and would like to speak with a licensed specialist disability in your area, please complete this form to request information ...
à If you are currently exploring their need for disability insurance, you are welcome to download our free work Sheet Disability Insurance to help you better assess the amount of coverage you may need.
(C) 2012-2015 Prism Innovations, Inc. All rights reserved. http://www.prism-innovations.com/
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