You carry many insurance policies with the hope that you will never have to use them. If you have a long-term disability insurance policy, you probably never want to have to use it, but having it is a blessing when you do need it. It is there to help you out when you cannot work due to a severe disability. If you cannot qualify for other types of payment in Texas, this may be the only way you can survive and make it while out of work. So, it is incredibly important that you know how the filing process works.
Policygenius explains that when you first suffer a disability, you need to file your claim. You should do this as soon as you can because the process can take a little while to get through. Filing early will help you avoid a huge gap between getting payments. When you file, you have to prove your disability with medical evidence. Your policy should provide you with all the information you need to know what to do to file your claim.
Once the insurance company receives your claim, it will have to verify the information you provided. It will also make sure your policy is active and in good standing. This processing time may involve your company asking for additional documentation or information. If you have that already on hand, it can help to reduce the processing time.
Once the company approves your claim, you will have to wait for the elimination period, which is just a waiting period before the first payout from your policy. The elimination period starts the day you suffer your disability. Once this expires and you have an approval, you will begin getting your payments. This information is for education and is not legal advice.