BRYANT LEGAL GROUP
Long-Term Disability Resources for Financial Advisors and Planners
If you’re a financial advisor, you already understand the critical importance of long-term disability (LTD) insurance for your clients. Because a significant percentage of Americans will become disabled before reaching normal retirement age, robust LTD insurance—with terms personalized to the specific needs of the policyholder—is a critical component of a holistic financial plan.
Your clients rely on you to help them navigate this confusing, complicated world. We want to make sure that you have the knowledge, resources, and tools necessary to guide and educate them successfully.
On this page, you will find links to free blogs, ebooks, and other helpful resources you can share with your clients, or use for your own education. We hope you find them valuable! Furthermore, if you have any questions, or would like to develop a referral partnership with Bryant Legal Group, please don’t hesitate to call us at (312) 561-3010 any time.
Helpful LTD Resources for Financial Advisors & Their Clients
Blog Posts
How to Choose Individual Disability Insurance: A Guide for High-Net-Worth Individuals
If you earn a high wage or have specialized skills, your most valuable asset is your future earning potential. To protect that asset and secure your long-term financial future, you need robust, comprehensive long-term disability coverage tailored to your specific needs.
In this blog post, readers get a rundown of what to look for in an individual long-term disability policy. In addition to common concepts like benefit amounts and definition of disability, this blog also discusses policy terms, conditions, and riders that may be particularly relevant to highly educated and compensated professionals, such as specialty-specific coverage, AIB and FIO riders, non-cancellable riders, and more.
READ NOW: How to Choose Individual Disability Insurance: A Guide for High-Net-Worth Individuals
What Financial Advisors Need to Know About Long-Term Disability Insurance
This blog post provides helpful information, tips, suggestions, reminders, and things to watch out for when advising your clients. For example:
- When clients should consider specialty-specific coverage—an even stronger form of own-occupation protection
- What riders clients should consider, to ensure their coverage grows alongside their careers
- What to do if a client’s earnings start to decline due to an injury or medical condition (but they’re still technically working)
READ NOW: What Financial Advisors Need to Know About Long-Term Disability Insurance
Doctors, Lawyers, Professionals: Do You Need Specialty-Specific Disability Insurance?
A deeper dive into what specialty-specific disability insurance is, why many standard “own occupation” disability plans don’t go far enough for professionals in niche fields, and who should consider this type of plan.
READ NOW: Do You Need Specialty-Specific Disability Insurance?
Residual Disability Benefits in Private Disability Policies: What to Know
Many conditions leave policyholders “partially disabled”—still able to perform some work within their own occupations, but at reduced hours, productivity, and income. Without a residual policy rider, these professionals may be left in no man’s land: unable to qualify for disability benefits, but unable to earn the necessary income to pay expenses and maintain quality of life.
This blog post provides a quick overview of what residual benefits are, how they are calculated, who can qualify for benefits, and more.
READ NOW: Residual Disability Benefits in Private Disability Policies: What to Know
EBOOKS
Your Disability Insurance Roadmap
This short, but informative, free ebook can provide your clients with an easy-to-understand roadmap to filing an LTD claim. Helpful sections include:
- How to review policy language and identify the key terms of conditions of plan documents
- Worksheets to help track medical evidence, symptoms, and work history
- Application checklist
- A breakdown of the steps most claims go through
The Doctor’s Disability Insurance Appeals Handbook
Physicians often face significant challenges when filing or appealing a disability claim. High salaries mean there’s a lot at stake, too. This short guide provides focused advice on navigating a claim, along with key insights such as:- Three sections of your policy you cannot ignore
- How to determine whether you have a true “own occupation,” “own specialty,” or “any occupation” policy
- Common mistakes physicians make during disability appeals (and how to avoid them)
Functional Capacity Evaluations and Long-Term Disability: A Claimant’s Guide
Claimants are often asked to undergo a functional capacity evaluation (FCE) before being approved for benefits. Unfortunately, these tests are not always truly objective or impartial, and insurance companies can use them to deny legitimate claims. This helpful guide can help educate your clients who are facing an FCE, and includes insightful info such as:- What an FCE is (and why insurance companies love them)
- The major limitations and issues with FCEs
- Top 4 tips for completing an FCE
- What to do when you disagree with the results of an FCE
Our Team
Jennifer Danish
Need a Long-Term Disability Attorney Partner? Opportunities to Connect
While most experienced financial planners already have a strong foundational knowledge of long-term disability insurance policies and procedures, there are still many benefits to developing a close relationship with a trusted LTD attorney partner.
Bryant Legal Group is Chicago’s premier long-term disability law firm. We represent policyholders throughout the state, and we have extensive experience helping high-income professionals with complex claims involving multiple insurance policies.
If you need a reliable firm you can trust to handle your clients’ long-term disability questions and claims quickly, professionally, and successfully, we’d love to hear from you and discuss ways we can partner together. Feel free to reach out by phone at (312) 561-3010, or through our convenient contact form.
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