How to Correctly Calculate Your Long Term Disability Benefits

Many long term disability policies have provisions in them which allows the disability insurance company to reduce or “offset” the long term disability benefits you receive from other sources. These can include, SocialCalculate Security Disability benefits, including benefits received for dependents, workers’ compensation benefits, law suits arising out of auto accidents and even retirement benefits.

Before you stop working, you should have your long term disability policy reviewed so you can understand what the gross amount of your disability benefits should be, what deductions the long term disability carrier can legitimately take and what your net disability income will be after reductions.

If you don’t, you may end up with a significant over payment and the long term disability carrier suing you to collect an overpayment of your disability benefits. If you would like help with your Long Term Disability benefits from Nancy Cavey, a Tampa St. Petersburg Long Term Disability lawyer, give her a call today at 727-894-3188.

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