MetLife Disability Insurance Claims Reviews
MetLife Short Term/Long Term Disability Quote: Life is full of twist and turns and unexpected things may happen to you all of a sudden. It may happen that you become permanently or temporary disable due to illness or accident and you neither can go to work nor have any other source of income; it becomes difficult to manage living expenses for you as well as your family. If you have disability insurance from a reliable insurance company, it can be blessing and you can have peace of mind. Here we will check MetLife disability insurance claims reviews.
MetLife is one of the largest insurance providers in the United States. It is headquartered in Midtown Manhattan, New York City. The Company is rated ‘A+’ by A.M. Best insurance rating organization. It offers life insurance, disability insurance to individual and business, home insurance, dental insurance, auto insurance etc. It also offers wealth management too.
MetLife Disability Insurance (Short Term/Long Term)
MetLife disability insurance pays you benefits up to 50% to 70% of your income if you are unable to work due to disability. It can help you in a great way for making living expenses such as food, utility bills, clothing, and mortgage payments. The time for which you will get benefits will be decided by the cause of disability. Time period for the monthly benefits is set forth in the policy; it can be 2 years, 3 years, up to age of 65 or may be for the time disability continues. Your benefits start after elimination period which is defined in your policy. When you select disability coverage, choose the elimination period, think of how long you can manage without a paycheck considering your saving. Usually longer the elimination period, less is you have to pay for policy premium.
MetLife Disability Income Insurance for Individuals
Individual disability income insurance can replace a portion of your income if you are unable to work due to an illness or injury. It helps you meet your financial obligations. MetLife disability income insurance includes:
Monthly Benefits which pays you every month for benefit period dictated in your policy.
Non-cancelable and Guaranteed Renewable Coverage where MetLife can’t change or cancel your premiums until the first premium due date on or once you become 67 years old.
There are several MetLife disability income insurance plans.
MetLife Income Guard: It is a non-cancelable and guaranteed renewable policy. There are over 20 riders for you to choose from; you can customize it according to your needs. The policy is not offered in California.
OMNI Advantage: It is also non-cancelable and guaranteed renewable plan and offers the most comprehensive coverage. The plan is not offered in California.
OMNI Essential: The plan protects with guaranteed renewable until age of 67; not offered in California.
Business Overhead Expense: If you are running a small business and you become disable; the plan provides benefits to meet business overhead expenses.
Salary Saver-CA Only: This plan is for residents of California only. It offers extensive coverage for medical and executive professionals. You have several additional coverage options you can choose without underwriting.
Individual Disability Insurance Policy Riders
Riders are optional policy benefits; you can choose from several policy riders offered. Some of the common riders are:
Cost of Living Adjustments: This rider lets you make an annual increase in benefits based on a Consumer Price Index or a certain percentage decided when you set forth the policy. It helps you fight inflation and proves very beneficial in case of long term disability.
Future Purchase Option: With this rider, you can purchase allows you additional disability income insurance which will increase benefits.
Residual Benefit: Because of disability, if you can’t work full-time and your income drops, this rider will help you as it pays you a portion of your monthly disability benefit.
Social Security Rider: This rider will pay you additional benefits if Social Security Administration denies you disability benefits because of the Social Security Administration’s definition of disability.
Employer Provided Disability Income Insurance
Many employers offer employee disability benefits where the employer pays the premium. You can also supplement it with individual policy. There are two types of disability benefits.
Short-term disability benefits pays for the short period of a disability which can be from few weeks to up to two years. There is an elimination period of 0 to 14 days. The coverage may provide you incentives to help you get back to work.
Long-Term Disability benefits pays for a longer period, may be five years or until you turn 65. These plans have higher premium. The elimination period can be from few months to one year.
Manage your MetLife Insurance Policy Account Online
You can access and manage your policy online. You just need to register an account once at www.metlife.com . Once registered, you can login to it anytime with your username and password. By logging into your account, you can view and print your policy documents, view benefits, make payment, make a claim, track the claim, update your profile and much more.
File a Claim
You can file your claim online, through mail, phone or fax. It is much convenient and easy to file a claim online. You need to provide written proof of your disability, medical records and details of treatment you are undergoing. MetLife is very compassionate when it comes to processing a claim. You can also check status of the claim online.
If you have any query regarding your MetLife disability insurance claim status and policy, you can call at 1-800-929-1492. MetLife customer representatives help you in all the possible ways. You can also send an email to them. You can fill up contact form provided at the website and MetLife customer representative will call you. For further information, you can visit its website www.metlife.com.