group LTD

Dec 13, 2006

  1. somarco

    somarco GA Medicare Expert

    Likes Received:
    I was reading a post on another forum and an agent posted the following caveat about group LTD. I dont do a lot in LTD and it has been years since I wrote (or even reviewed) a group LTD plan so I can't comment one way or the other on the following.

    #1 is no contest. All LTD plans I have seen have SS offsets. Some offset against primary only while others factor in dependent benefits as well.

    2 & 3 is where I take issue, especially #3.

    LTD (and health plans) do have subrogation offsets, but I have never seen one worded where your benefit is held up pending litigation against an at fault party.

    I have never seen an LTD plan with an offset against unearned income.

    Is this guy blowing smoke or does he know his stuff?
    somarco, Dec 13, 2006