Claim denials for disability insurance can happen for multiple reasons. Let’s learn why.
Regardless of your industry, the demand for insurance has increased as wages shrink and job security wavers. Consider taking a minute to think about the disposition of your employees because they might need disability benefits more urgently than you know. Claim denials for disability insurance can happen for multiple reasons. Let’s learn why.
Various Health Conditions
Different health conditions and long-lasting health problems make disability insurance a necessity. Unfortunately, your medical conditions can lead to your being denied insurance coverage. For example, blood disorders, hepatitis, cancer, multiple sclerosis, Renal disorders, and Parkinson’s can significantly lower your quality of life. But they are often considered “pre-existing conditions.”
Upcoming Procedures or Surgeries
All surgeries, even minor ones, can come with a small risk. Sometimes, this danger can be negligible. However, your disability insurance carrier might be more hesitant to backstop you for more complex and invasive procedures, particularly when anesthesia is involved.
Your Weight
Although a person’s physical appearance doesn’t always indicate their health, their weight could stand out. Insurers will measure your weight and height to help determine the premium size you should pay. Additionally, obesity can also be cause for a claim denial, and many secondary risks, like back problems or heart disease, can happen. On the other hand, being underweight can also be problematic because it could be a sign of an eating disorder such as anorexia.
How Risky Your Job Is
Disability insurance can be challenging to obtain. In many cases, it can be frustrating because insurers do all they can to minimize liabilities regarding their clients. Underwriters will also analyze how risky your job is during the evaluation. For instance, construction workers, miners, and first responders are susceptible to much more danger than white-collar workers. The number of benefits that the insurance carrier has to pay could be the conclusive factor for the services you deserve.
Get in Your Voluntary, Supplemental, and Health Insurance Policies with the MWE Partnership!
Are you a business looking to provide your employees with essential voluntary benefits? If so, look no further than The MWE Partnership. When you choose The MWE Partnership, you get experienced service and comprehensive voluntary benefit options that will meet all your employees’ needs. With over 17 years of experience, The MWE Partnership is your go-to provider for all your supplemental benefit needs. If you are interested in finding out how The MWE Partnership can help your business, contact us today! We encourage you to like our Facebook page and follow us on X and LinkedIn for the latest voluntary benefit news!