Lloyds of London Disability Insurance
Disability Insurance Lawyers Serving All of the United States
Lloyd’s of London offers a marketplace for people seeking individual disability coverage. Lloyd’s policies generally include high benefit payouts and high premiums. These policies are typically sold to high level professionals including:
Lloyd’s is not a single insurance company. Rather, it is comprised of several subsidiaries who offer individualized insurance coverage. Thus, policies vary from person to person. Given the high benefit payouts, it can be difficult to get benefits approved under these policies. It is important that you hire an experienced disability insurance attorney. Our disability insurance lawyers have assisted many people with claims against Lloyd’s and are prepared to help you.
Lloyd’s Personal Disability Insurance Claims
Lloyd’s policies are different than most other disability insurance policies in the following ways:
- Longer waiting periods – a year or longer
- One-time lump sum benefit payments
- Requiring a finding of permanent disability
Generally, Lloyd’s policies contain longer waiting periods than the typical disability insurance policy. These waiting periods can be up to one year, or longer. In addition to delaying payment, these longer waiting periods allow the insurance company to perform a more intrusive review of your claim.
Lloyd’s policies may offer a large one-time lump sum payment should a person be deemed disabled. However, in our experience in order to be eligible for a lump sum benefit you must prove you are permanently disabled. This means the medical evidence must show you are and will remain disabled for life. This is a tough standard to meet.
Our Disability Lawyers Can Help You
As a law firm focused only on helping people get disability benefits from insurance companies, the firm has recovered millions of dollars in disability benefits for clients across the country.
Filing a claim for disability benefits with Lloyd’s can be stressful. Our disability lawyers are ready and able to help you in any phase of your claim. From filing your claim to filing a lawsuit for your benefits, we are here to help. With so much at stake, shouldn’t you have experienced disability lawyers on your side?