Insurance companies are always on the lookout for faults in insurance claim processing. Since most people care little about going through the details during the inception of the insurance policy, their claims are often rejected by insurance companies citing one or the other fault. An estimate from the US Department of Labor reports that around 14% of all medical claims are rejected. This is indeed a huge amount.
Rejection of an insurance claim can be stressful, especially when you are feeling vulnerable and banking on the payout of your income protection insurance claim. This is why you need to read between the lines when an insurance policy is assigned in your favor. If the insurance is paid for by the employer, you need to make sure that you are well aware of the subtleties of the insurance policy and how to process a claim properly, if and when the need arises.
Nevertheless, you need not be too pessimistic about your claim either; there is help at hand. There are insurance consultants who can help you wriggle out of the predicament of a rejected claim and get your claim. They can help you get through such difficult times and handle your insurance claim so that you can move on with your life and spend time with people who matter to you the most. They can help you make a claim and also fight a rejected claim.
How Insurance Consultants Help
These people deal with the whole gamut of insurance. This may include terminal illness claim, total & permanent disability claim, income protection claim, critical illness claim, etc. These people have huge experience in insurance claim settlement. Some of them are even experienced in claim processing while working for insurance companies. So, they have a very good idea about how claims are rejected, and what needs to be done to revive a claim.
How They Differ From Attorneys
You can also hire an attorney to fight your insurance rejection case. However, hiring an attorney to help make an income protection insurance claim is a costly affair. You may need to pay for every letter that he writes to the insurance company. Moreover, when you hire an attorney you are in for a prolonged battle since the insurance company may take the battle to the court of law.
Sum Up
Insurance consultants are often cheaper to hire compared to attorneys. Also, they may be able to secure your claim in less time since they are experts in claim processing and claim settlement.
