Global disability insurance industry expected to hit $9.2 billion by 2031

Disability Insurance Growth 2031

A recent report has shown that there will be considerable growth in this market over the next few years. A recent report published by ResearchAndMarkets.com predicted that the disability insurance market is expected to reach $9.2 billion by 2031. The report showed that there is expected to be a CAGR of 11 percent from 2022 through the end of 2031. The report was titled “Disability Insurance Market by Insurance Type, By End User, By Coverage Type: Global Opportunity Analysis and Industry Forecast, 2021-2031.” It showed that the market was valued…

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Disability insurance challenges face many long COVID patients

Disability Insurance - Claim Form

Employees are experiencing claims denials when applying for short- or long-term benefits in these cases. Workers who are battling with long COVID have found that they are also struggling with their disability insurance, as many claims for short- and long-term benefits have been denied when they involve that condition. Even short-term claims that are approved are often later denied for long-term benefits. According to a recent CNBC report, experts have found that disability insurance policyholders who are approved for short-term benefits can still find it difficult to receive long-term benefits.…

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How To File A Personal Injury Claim

Personal injury law, which attorneys refer to as tort law, allows you to make a claim for compensation when injured in an accident caused by the negligent, careless, reckless, or intentional conduct of another party. State laws control the process for filing a personal injury claim, including setting limits on how long you have from the date of an accident to assert the claim or lose the right to recover damages. You generally must follow the law of the state in which an accident occurred, so the smart thing is…

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Here’s What the Best Medical Insurance Companies in India Have in Common

In today’s world of skyrocketing medical costs, a health insurance plan known as ‘Mediclaim’ has become unavoidable. If you don’t have one, you could find yourself paying a lot of money out of your own savings. Even as it increasingly pays for basic care, health insurance continues to serve the purpose of dispersing risk. Understanding the significance of health insurance for your family is only the beginning. Today, there are a wide range of health insurance plans available in the market, however, it is important to choose the right one…

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How to Handle Insurance After a Cancer Diagnosis

When you are faced with a cancer diagnosis, life suddenly becomes very simple and incredibly precious. All that truly matters is making it through the battle ahead and, in the end, defeating this unseen enemy for good. Unfortunately, the practical necessities of life don’t just dissipate when cancer rears its ugly head. There are still matters of daily living to attend to, and that includes ensuring that you have the financial resources on hand to fund your treatment while protecting your family from hardship.  More often than not, this will…

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How to handle unpaid insurance claims

It is often overlooked how important it is to have insurance. It protects them from financial loss in case an unexpected event occurs. When someone has an accident or a crisis that insurance should handle, they need to file a claim for their damages with their insurance company to be paid out. Unfortunately, there are some cases where a claim is not handled properly. When this happens, the client may have to take legal action against their insurance company to be compensated for losses. Though it’s stressful and sometimes difficult…

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Why the Country Still Needs the Affordable Care Act

The Affordable Care Act, ACA or “Obama care,” was enacted in 2010 and has had extreme proponents and detractors ever since. The Act was a reaction to the soaring costs of healthcare and health insurance, leaving millions uninsured and going into medical bill debt. So, what is the ACA, exactly, and what are its benefits? Read on to find out. Affordable Health Insurance The central pillar of the ACA is Obama care plans that provide affordable insurance to millions of people who previously had no coverage. Over 20 million Americans…

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