Do not believe these myths about ERISA claims

On Behalf of | Nov 9, 2021 | ERISA Disability Benefits

Separating fact from fiction seems harder than ever these days. It takes seconds to publish false information and spread it across the globe. Therefore, it is not surprising that when you need to file an ERISA disability claim, plenty of people will come up to you with helpful advice which is wrong.

One of the biggest myths is that claiming will be easy because you have insurance. When insurers want you to sign up, they act all nice. When you try to claim they can be anything but. Insurance companies have a whole host of tricks up their sleeve to discourage you from claiming and to reduce how much they pay or avoid paying altogether.

If you believe these 3 things, it could cost you your disability claim

Here are three more ERISA myths that are false:

  1. I have all the time in the world to claim: ERISA claims and appeals must adhere to strict deadlines. If you miss them, you will lose the benefits you need.
  2. I can turn to my usual lawyer if I need help: You would not ask a carpenter to do your plumbing, or an electrician to design your house. While they all work in the building trade, each has specialist skills. The same applies to attorneys. ERISA claims are a niche area and gaining the knowledge and experience needed to help you takes years of focus.
  3. The insurance company’s word if final: You have the right to appeal ERISA decisions. If the insurer denies you or offers a low amount, you need to try again. Think of it like haggling over the price of an item. The other party does not expect you to accept their original offer but they will be delighted if you do.

To get the total ERISA benefits you are entitled to may take several attempts. Having the correct information about the process and the applicable laws makes it more likely you get the settlement you are entitled to without unnecessary delay.