The basic concept of insurance is that it functions as a pooling of risk for policy holders and the insurer. Policy holders pay into a common fund to be drawn upon at a later date if needed. The money in the common fund belongs to policy holders and the insurer earns a fee for managing it. However, in application the insurer regards income generated from premiums as its own and works steadfastly to avoid returning it to policy holders. This means claims made by policy holders are often denied.
Navigating the many laws regarding disability insurance can be daunting. There are many complicated regulations to keep track of, which adds an extra layer of difficulty when you are also struggling with a disability.