Various health conditions and longstanding health problems make disability insurance a necessity.
Despite the industry you work in – the demand for insurance has increased as wages shrink and job security wavers. So, take a minute to think about the disposition of your employees because they may need disability benefits more urgently than you know. Even so, claim denials for disability insurance can occur for several reasons. Let’s learn why.
Different Medical Conditions
Various health conditions and longstanding health problems make disability insurance a necessity. Unfortunately, your medical conditions can lead to your being denied proper insurance coverage. For instance, blood disorders, hepatitis, cancer, multiple sclerosis, Renal disorders, and Parkinson’s may significantly decrease your quality of life. Sadly, they are often considered as “pre-existing conditions.”
Upcoming Surgeries or Other Procedures
All surgeries, even minor ones, hold a small amount of risk. In some cases, this danger may be negligible. However, your disability insurance carrier may be more hesitant to backstop you for more complex and invasive procedures, especially when anesthesia is involved.
Your Weight
Even though a person’s physical appearance does not always indicate their health, their weight could stand out. This is because insurers will measure your weight and height to help determine the premium size you must pay. In addition, obesity can cause denial, and many secondary risks like back problems or heart disease can occur. By contrast, being underweight can also be problematic because it could indicate eating disorders such as anorexia.
Risky Careers
Disability insurance is hard to obtain. In many cases, it can be frustrating because insurance carriers do all they can to reduce liabilities regarding the clients they serve. Underwriters will also analyze how risky your job is during evaluation. For example, construction workers, miners, and first responders are prone to much more danger than white-collar workers. The number of benefits that the insurance carrier has to pay could be the deciding 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 Twitter and LinkedIn for the latest voluntary benefit news!