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It’s a good thing if the company that you work for provides long-term disability insurance premium for you. This means you’ll be treated fairly and receive benefits on time. The common condition which is covered is disabling illness or injury. Having assurance is a dependable means for your future. But, there are two significant terms — exclusion and denied — that you must know when talking about an insurance policy. Continue reading the information below to have an idea.
What is Exclusion?
This is a policy provision that takes coverage away from some risks. For instance, it excludes property perils, hazards or losses from specific sources not acknowledged by the policy. You should know that most long-term disability insurance plans have exclusions. These limitations may restrict you from getting certain benefits.
Types of Disability Insurance Policy Exclusions
Your disability insurance claim can be denied due to the following reasons:
The pre-existing condition exclusion is a way of some companies to get away from being accountable under a disability policy that they insure. Know your rights by consulting a legal expert. There is a governing law that can help you deal with your concerns when it comes to obtaining benefits.
One More Thing Before You Go
You’re working hard to enjoy life for you and your family, and it’s right to safeguard what you have accomplished. For utmost convenience, the disability insurance plan is a necessity that must be part of your life, and you should avail it from a trusted insurer.
At Employee Solutions Group, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (833) ESG - SERV. Get your free quote today by CLICKING HERE.