logo_bigger-2
slide02.jpg

Negotiating a Long Term Disability Settlement or Buyout

PDF Print

A buy out of your LTD benefits may or may not be in your best interests.

Our office frequently negotiates settlements and policy buyouts for our clients. A successful case usually results in reinstatement of benefits or a lump sum payment from the insurance company.

Settlement discussions must be approached with care. Settlement discussions typically involve calculation of the present value of benefits, the structure and timing of settlement payments, and the status of related health insurance or life insurance coverage.

Your disability insurance company will review and analyze your long-term disability policy and other factors to determine the value of your policy.  When calculating your buy-out offer, the insurer takes into consideration various factors including: present value calculations, mortality tables and the chance you will not need to continue your long-term disability payments for life.

Please call our nationwide phone number at 1-866-540-0677 to schedule a free consultation with one of our attorneys. The majority of ERISA cases are litigated in federal court. If necessary, we can file lawsuits in any state.

 

Free Case Evaluation

btn_faq

Blog

Retention Bonus is not Marital Property under Michigan Family Law:

The Michigan Court of Appeals decided a case of first impression recently in Skelly v. Skelly. The issue was the husbands retention bonus he would earn if he st... Read More

Firm News

Social Security Disability Victory

The client was 18 years old. She was diagnosed with Polio when she was younger. She suffered from atrophy of her left leg and posterior ankle contracture. The judge found ... Read More

Contact Us

Allan W. Ben PC
30600 Telegraph Road, Suite 3130
Bingham Farms, MI 48025
Phone: 1-866-540-0677
Fax: 1-248-540-2191
E-mail: info@allanwbenpc.com

map_allanben

©2014 Allan W. Ben, PC
Photo Courtesy of DBusiness Magazine
Disclaimer
Law Firm Website by The Modern Firm