PL & Associates
New Member
- 17
I'm from New York, and looking to find out about any legal limit on the amount an individual can receive through a disability policy? For example, can a guy collect on Workers Comp, an individual DI policy, and his employer's group DI policy, even if those claims pushed him far over his pre-disability salary? Can he collect, say, 180% of his gross salary through DI?
I know that insurance companies will try to avoid over-indemnifying through the application process, and even demand reimbursement if the individual is "overpaid", but is there a law? I've searched, but can't locate it. If someone knows, please direct me to it.
Thanks in advance for your help!
PL
I know that insurance companies will try to avoid over-indemnifying through the application process, and even demand reimbursement if the individual is "overpaid", but is there a law? I've searched, but can't locate it. If someone knows, please direct me to it.
Thanks in advance for your help!
PL