If you have a client whose DI claim is denied, what is the process? First, they have to appeal the decision. Then, if things don't go their way, they may even end up having to sue the company. All the while, your client is without an income and believes that it is your fault. Here is a simple way to help your client that may add leverage at claim time.
Diversify. Write 2 policies instead of 1.
We have seen examples when a policyholder filing claims with two different companies has one claim approved while the other is denied. While ideally we would like both companies to approve a legitimate claim, look how better off your client may be due to diversification.
1. They receive at least some of their disability benefits while working through the appeals
process with the other company.
2. They can use the fact that one company is paying benefits as leverage with the company
that has denied the claim. "They are paying the claim, tell me why you are not."
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