The basic concept of insurance is that it functions as a pooling of risk for policyholders and the insurer. Policyholders pay into a common fund to be drawn upon at a later date if needed. The money in the common fund belongs to policyholders and the insurer earns a fee for managing

New regulations will now govern the ERISA disability claims and their appeals proceedings. These regulations will take effect on all disability claims that will be filed in 2018 – starting from the very first day of January. The new rule will affect all disability plans under ERISA. These include pension plans and all long-term

The Employee Retirement Income Security Act (ERISA) has been a headache for many people who have been hurt on the job since it was passed by the U.S. Congress in 1974. Before the law was passed, many employees would try to file long-term disability claims from companies who promised them rock-solid insurance

Some insurance companies offer lifetime disability benefits.  They usually come at an additional fee (or premium) and are attached to the policy as an “endorsement” or “rider” to the policy.  But not all lifetime coverage is created equal.  Some policies – usually those that were issued in the 1980’s or 1990’s – merely continue your benefits

When you’re a worker for a company who has offered you disability insurance, you may not be aware of ERISA, or the Employee Retirement Income Security Act. Why would a retirement act impact your disability claim? And how could it possibly cause a denial of that claim? You need to know how

Many workers will have their disability insurance policies governed by ERISA. ERISA is extremely complicated and there are several things that must be done in order for the claims to be approved. Frequently, these claims are denied, leaving workers in a terrible position. This posting discusses some of the things that you