Not before a knowledgeable lawyer thoroughly reviews it. Insurance carriers rarely do anything voluntarily, unless it is in their financial or legal interests. Whether to accept a disability claim buyouts is a complex issue which should be thoroughly analyzed by some one who completely understands the real value of a buyout offer and is working solely for the policyholder. All pertinent factors, which bear on such a decision must be carefully weighed. Claimants should be wary of a carrier trying to get out from under a claim cheaply by tempting the beneficiary with what appears to be a sizable sum when the beneficiary is hurting and is financially strapped.
Long term disability insurance policies vary widely in coverage. Attorney Mike Quiat have more than 30 years of experience in litigation and insurance law. Contact Uscher, Quiat, Uscher & Russo, P.C. today for a free consultation.