Ordinarily, individual disability is a policy you may have purchased privately through your own insurance agent. Typically these policies pay a defined benefit amount, following a "waiting period" if you can prove you are disabled within the definition provided in the policy.
Group Long-Term Disability
In these types of plans, either the cost of the insurance is paid solely by the employee through payroll deductions, or the employer picks up the tab, or both the employer and the worker share in the cost.
Benefits paid to disabled employees are taxable to the same extent as the employer's contribution. So, if your employer paid half of the monthly premium and you paid half, any benefits received would only be fifty percent (50%) taxable.
It's important to receive competent assistance as soon as you become disabled, in order to maximize the benefits you receive from your group long term disability package. In recent years, it has become increasingly more difficult to obtain LTD benefits, particularly "Group LTD" benefits. Fusco, Brandenstein & Rada can help you avoid the cost, delay, and suffering that may result from repeated unsuccessful attempts to claim disability insurance without competent legal advice.
The best time to get legal help is before you file your disability insurance claim. Mr. Heiman has dealt with almost every LTD carrier. He knows how policy provisions are interpreted and what evidence is needed to win LTD claims. Mr. Heiman stays current in the rapidly advancing developments in this area of law. He has prepared hundreds of successful claims for a wide variety of clients including doctors, teachers, executives, business people and even other lawyers.