group LTD

Discussion in 'Employee Benefits Forum' started by somarco, Dec 13, 2006.

  1. somarco
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    somarco Guru

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    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?
     
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