5 Questions to Ask About Disability Finance

Image Credit: Gerd Altmann

 

Confused about disability finance? Worried about disability lawyers? Try our mini-guide to disability finance, to help clear things up.

 

1. Am I eligible for benefits?

 

It’s straightforward to figure out if you’re eligible for any support from Social Security, and if so, which kinds. You can try the handy tool here to see how much support you could claim. You can also ring their hotlines for advice, or get impartial advice in your community, for example, at a legal clinic. A good lawyer or disability attorney can also advise you on disability benefits.

 

2. What about insurance?

 

Disability insurance is something anyone can purchase. It works like any other insurance policy you have, like dental or auto. Some employers will offer you disability insurance as part of their benefits package, but if they don’t and you want it, you can set it up privately. It’s designed to cover you if you become disabled (short-term or long-term), and can no longer work. Elite packages are available if, for example, you’re an athlete or footballer — anyone with a job depending entirely on their physical status.

 

3. What will disability insurance do for me?

 

Usually, you’ll get a percentage of your monthly income paid out to you by the insurance company. Most companies offer this monthly. You may also get rehabilitation services and possibly return-to-work incentives (which may be financial). If you’d like rehabilitation or other aspects of your disability insurance, make sure this is included in your policy before you agree to anything. If in doubt, ask an attorney to look over your policy for you before you’ve committed to it.

 

4. What kinds of disability insurance are there?

 

SSDI: This is sometimes known as disability benefits. Whether you get it or not can depend on how much you’ve paid into SSDI, how many work credits you have, and the state of your disability. 

 

State: Some states have made a certain level of employer-sponsored disability insurance, mandatory. This means your employer will have to offer you some disability insurance, but it depends where you live. 

 

Private: This is where you take out an insurance policy yourself, which you pay for. It is designed similarly to any other insurance policy. If you become unable to work, your insurer should pay out a percentage of your wages.

 

5. What about disability lawyers?

 

Most disability lawyers work on things like denied claims, especially of disability insurance claims. Disability law requires a specialized disability lawyer due to the continually changing laws around disability. A personal injury lawyer is a very different type of lawyer and will not have the right skills. Be wary of hiring the wrong type by accident. If the lawyer you’re hiring exclusively deals with disability insurance cases, they will be experts in navigating that field, and you’re sure to be in the best hands.

 

The world of disability finance is ever-changing and can be very confusing. Make sure to get all the advice you need from reputable sources before entering into any legal agreements or financial commitments. 

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Stuck with your Social Security Disability Claim? 5 Ways a Disability Lawyer Can help

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Many people today are at risk of disability or premature death. Thousands of debilitating accidents occur every day, leaving a trail of disabilities and destitute families. Such accidents and ensuing injuries are a major cause of money problems. For instance, in June 2019, 1 in every 6 U.S. residents received Social Security benefits.

Social security benefits are a godsend for people who can’t work due to disability. However, there are millions out there who can’t access these benefits because their claims have been denied. If you or a loved one has suffered a life-altering injury and you can’t work, these benefits come in handy to cater for daily expenses.

When filing a social security disability claim, it is advisable to work with an experienced disability lawyer. This post looks at the role of this legal professional in your claim.

Professional Assessment of Your Claim

Millions of claims pass through the Social Security Administration (SSA) system. For any of these claims to pass, the SSA officers analyze the medical evidence to back the claim and other pertinent issues.

A disability lawyer has the resources to assess your claim before filing it with the SSA. They can give you an objective and professional overview of the claim and help collect more evidence to boost the claim.

Guiding You Through Social Security Disability Process

Most people expect their claims to go through though there’s evidence to suggest a high rate of original claim denials. The main problem is that claimants don’t understand the process. If you are in San Jose, CA, you can find more details here about the role of a disability lawyer. They will walk you through the eligibility criteria, the process of filing a claim, medical documents required and other important matters.

Work With You on a Contingent Fee Basis

Disability lawyers are mandated to work on a contingent basis. Payment is dependent on the outcome of a claim. If the court awards you with Social Security disability benefits, your lawyer gets paid a percentage of the benefits.

Leveraging Legal Expertise

Working with a disability lawyer when filing a Social Security disability claim can increase the chances of winning the case. Your attorney has a better understanding of the legal requirement, the application process and will help you meet the criteria on the Blue Book Listing. 

The “Disability Evaluation under Social Security”, or the Blue Book is the key to qualifying for Social Security disability benefits. Most claims are denied due to enough medical proof of disability.

Appealing a Denial 

In case of denial of your original social security disability, your disability lawyer can file an appeal. The lawyer can first try reconsideration as the first step and an SSA hearing if the review fails. They carry out further research and collect more evidence to boost the chances of your appeal.

Wrapping Up

Filing for social security disability benefits is a daunting and complicated process. Your claim undergoes thorough scrutiny before you qualify and there’s a big risk of denial. Using a disability lawyer is a smart strategy as this legal professional will guide you through the process, help you with evidence collection and other steps for a successful claim.

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