Disability insurance claims that are being handled by Lincoln Financial are facing headwinds. Lincoln claims are being denied and terminated in a wave of activity that is outside the norm. When denials like these occur, a claimant should be armed with the necessary information and tactics to fight back.

Discovery in the litigation process has been expanded in various venues and Lincoln could face scrutiny regarding its budgets, goals, or business practices.

As one of the nation’s leading disability insurance law firms, Quadrino Schwartz commonly receives Lincoln Financial disability inquiries. We represent those Lincoln Financial policyholders who have submitted claims and have had their claims either delayed, disputed, denied or terminated. Our disability insurance lawyers can be contacted through the form here or by calling toll-free at 1-800-745-1755 for help regarding your Lincoln Financial disability claim denial.

NOTE:

The Lincoln National Life Insurance company was founded in Fort Wayne, Indiana on June 12, 1905.  Along with life insurance, the company also provides Lincoln Financial disability insurance.  In 1911, Lincoln Life reported $6.5 million of life insurance in force with $250,000 in premium income and $750,000 in assets. During its first 50 years – from 1905 to 1955 – Lincoln Life grew to become the ninth largest life insurance company in the United States. In 2006, Lincoln merged with Jefferson Pilot Financial.

Metropolitan Life Insurance Company — “Metlife” — is becoming more of a player in the disability insurance arena.  The problem is that by using the word “player” we don’t mean just selling more disability insurance policies, we mean more active in denying, terminating, and litigating disability claims.

Disability insurers will often approve a claim after a brief initial investigation, but then later cut off the monthly benefits (a claim “termination”).  There are several possible reasons for an “approve and then terminate” scenario, and often the insurer’s reasons appear to be business / profit-motive related.

When a termination happens, the insurer gets to grab a pool of money that had been set aside for a particular claim.  That pool of money is known as a claim reserve.  If the company, such as Metlife, grabs the reserve money and then books it as profit, it can justify spending some money on legal fees toward a fight in court and hope that it can settle the case later date.  Once a lawsuit is filed, however, Metlife needs (by state law) to set aside a new reserve.  In such a scenario, Metlife is simply kicking the can down the road but also hoping that the disabled person will not sue, or, if he /she does, will not hire the right law firm and put up a good fight.

Quadrino Schwartz is one the nation’s leading law firms handling disability insurance clams and lawsuits.  If you or someone you know finds themselves on the wrong end of a Metlife claim denial or termination, contact us for a free claim evaluation by calling 1-800-745-1755 or by filing out a quick and simple form at http://www.disabilityinsurancelawyers.com/contact/ .