LTD Information Blog

If you’ve been struggling with a disability and relying on long-term disability (LTD) benefits, you may receive an offer from your insurance company to settle your claim with a lump-sum buyout. This offer can be tempting—after all, a large payout sounds like an opportunity to put your worries behind you. But before you decide, it’s […]

Losing your job is stressful, especially if you are dealing with a disability. If you’re relying on long-term disability (LTD) insurance, you might have questions. One of those could be, “What happens to long-term disability if you lose your job?” The good news is that losing your job does not necessarily mean losing your LTD […]

Mental health conditions can be just as debilitating as physical illnesses, affecting your ability to work and maintain daily life. If you’re struggling with a psychiatric condition, you might wonder, “Can I get long-term disability for mental health?” The answer is yes, but there are important considerations to understand about long-term disability insurance policies, especially […]

When planning for the future, it’s important to consider how you would manage financially if you were suddenly unable to work due to a disability. Disability insurance serves as a safety net, offering financial support when you need it most. However, not all disability insurance policies are the same. There are key differences between individual […]

Receiving long-term disability (LTD) benefits can be a lifeline when you’re unable to work due to a disabling condition. However, there are circumstances in which you may be required to repay a portion of these benefits, especially when offset provisions or overpayments come into play. Let’s take a closer look at the key aspects of […]

If you’re considering purchasing disability insurance or already have a policy, you may be wondering about the tax implications. One common question our long-term at hear is whether disability insurance premiums are tax-deductible in Pennsylvania. The answer isn’t always straightforward, as it depends on various factors, such as the type of disability insurance and who […]

If you’re involved in managing an employee benefit plan in Pennsylvania, you may have come across the term “ERISA bond.” But exactly what is an ERISA bond, and what does it cover? Let’s explore the ins and outs of ERISA bonds, their importance, and their specific application in the Keystone State. Understanding ERISA Bonds ERISA, […]

If you’re employed in the private sector, you’ve likely heard of ERISA, but you may be unsure whether your employee benefits fall under this federal law. You may wonder, “How do I know if I have an ERISA plan?” Understanding the difference between ERISA and non-ERISA plans is crucial for knowing your rights and your […]

When it comes to employee benefits, the Employee Retirement Income Security Act (ERISA) plays a crucial role in protecting workers’ interests. However, not all employee welfare plans fall under ERISA’s jurisdiction. Understanding what makes an employee welfare plan exempt from ERISA regulations is important for both employers and employees. Understanding ERISA and Employee Welfare Plans […]

If you’ve been injured or fallen ill due to work-related circumstances, you may be curious: can you collect workers comp and long-term disability at the same time? In short, yes, it’s possible, but the situation can be complex and whether it’s possible depends on various factors. Understanding Workers’ Compensation and Long Term Disability Before going […]