Do You Have a Disability Case?
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Self-Insured Group Benefit Plans

Self-Insured Group Benefit Plans

Group insurance benefit plans provided by employers are usually one of three types: fully insured coverage, where the employer pays a monthly premium to an insurance company to assume the risk of paying out employee claims; self-insured or “self-funded” coverage, where the employer assumes the risk of paying out employee claims as they arise, thus avoiding the high cost of monthly insurance premiums, or a combination of self-insured benefits where some of the benefits are paid by the employer and some are paid by an insurer. The decision to self-insure depends...
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MGAs are Leaving Consumers Unprotected

MGAs are Leaving Consumers Unprotected

MGAs and Insurance Managing General Agents, otherwise known as MGAs, are unregulated wholesalers of insurance products. MGAs supply their agents with a variety of products from different insurance companies. Their agents sell directly to consumers. This makes MGAs the intermediaries between insurance companies and agents. As insurance companies’ sales practices continue to evolve away from traditional in-house sales agents towards the more lucrative MGA sales model, regulatory oversights are increasing. Where, in the past, an agent working for a specific insurance...
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Always Pay Your Premiums On-Time

Always Pay Your Premiums On-Time

An insurance policy lapses when a policyholder fails to pay premiums on time. If your insurance policy has lapsed, you won’t be protected if and when you need to file a claim for benefits. A policy that has lapsed due to nonpayment may be reinstated under certain circumstances. Depending on the insurance company, you may be required to submit an application for reinstatement, the overdue premium payment in full, often with interest, and a late penalty fee. You may also have to undergo a medical exam. Unpaid Premiums Result In Void Policy If the policy is not...
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Challenges Faced by Individuals with Lyme Disease Who Require LTD Benefits

Challenges Faced by Individuals with Lyme Disease Who Require LTD Benefits

Lyme Disease is an illness caused by the bacteria borrelia burgdorferi that is spread through the bite of certain types of ticks. Lyme Disease has been present in Europe, Asia and much of North America and is rapidly increasing in Canada. Individuals with lyme disease face many challenges. Symptoms Of Lyme Disease The disease may initially cause inflammation, rash, fever, chills and swollen nymph nodes. If left untreated, it can cause chronic muscle and joint pain, arthritis, extreme fatigue and neurological and cardiac disorders. Since tick bites are typically painless,...
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Get Legal Advice Regarding “Appeals” to Disability Insurance Companies

Get Legal Advice Regarding “Appeals” to Disability Insurance Co...

The recent Ontario case of Kassburg v. Sun Life revisits the issue of which Limitation Period is applicable to a denied disability claim. What is the significance of this decision for claimants? Make sure to get clear legal advice about the deadlines that apply to your disability claim, especially in regard to appeals. Proceed With Caution With An Appeals Offer When the insurance company denies your claim you should proceed cautiously with any appeals that they offer. Make sure that you don’t allow any limitation periods to pass, as this may result in your claim...