Most long term disability policies are a sham. Not worth the paper they are printed on

Here's one big reason why

  1. If they pay the claim they will force you to file for social security benefits
  2. If you win your social security claim you have to pay back the long term disability company
  3. If you win social security your future monthly LTD benefits are reduced dollar for dollar
  4. If your children get social security because of your disability, your LTD benefits get reduced more
  5. Eventually the long term disability company will want to terminate you benefits.
  6. When you say "but I'm still getting social security benefits, that proves I am disabled" they will say "who cares, we don't pay attention to social security even though we benefit financially

Cool stuff, huh?

Empoyers buy this crap.

Someone's out there selling it.

This form from MetLife clearly explains this dirty little secret of long term disability policies.

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