An accident or illness that leaves you unable to work can happen at any time. Yet, many people are unprepared for such an event and have not created a financial plan in case of disability. That’s why theTerre Haute personal injury lawyers with Newlin Disability would like to let you know about several financial resources available to assist disabled Americans.
Social Security Disability Benefits
If the injury or condition you suffer from is expected to be terminal or last more than a year and you have worked long enough to pay into the Social Security system, you may be eligible for disability benefits. However, there are numerous rules regulating the program, which can make getting approved difficult. In fact, as many as 60 percent of initial disability claims are denied. This can make having long term disability coverage important.
Long Term Disability Insurance
Many employers provide the option of purchasing long term disability insurance coverage through private providers. These policies cover expenses related to injuries or illnesses that last longer than several weeks or months, depending on the terms of the policy.
These benefits can be especially important to those with higher incomes who may need to supplement other resources of income after becoming disabled.
Help Is Available
If you suffer from a disabling condition, the most important thing to recognize is that assistance is available. At Newlin Disability, our team of Terre Haute personal injury lawyers has helped numerous disabled clients get the compensation they deserve, and we can do the same for you. To learn more about how we can help, call us today.