Long Term Disability Pay in NC

Although most people romanticize about winning the lottery and living off of the interest once it’s put in the bank, the truth is that most of us will quickly grow tired of not working or having a set schedule from day to day. Of course, this becomes even worse when you have an injury that leaves you permanently disabled and unable to work for a long period of time, particularly because most people who become disabled have not won the lottery, and have no other money to live off of. This is why long term, permanent disability pay is so important. The law regarding disability pay in North Carolina is complicated, but it could be improved to at least acknowledge those with severe mental health issues. None of us can look into the future, and something like this can happen to anyone. According to the North Carolina Industrial Commission, there is a distinction between a “permanent disability” and a “permanent impairment”. A permanent impairment is a purely medical condition, while a permanent disability is a medical condition in addition to inhibiting or reducing one’s ability to hold gainful employment.

This is an important distinction, but unfortunately, the line becomes blurred when discussing mental illnesses. Do they qualify as an impairment, an “anatomical or functional abnormality”? The site also claims that a permanent disability is a damage or loss “to a part of the body”. If the brain is a part of the body, then debilitating mental illness ought to qualify as well. The guidelines set by the industrial commission proceed to lay out the basis for determining disability status for nearly every body part. The amount of disability compensation follows a complicated calculation that takes into account the percentage of damage done to certain extremities (each with their own multiplier based on how important they are for industrial work), and whether, after the maximum amount of rehabilitation, the disability is still present. Then, it is also important to note the even further subdivisions, which is whether the permanent disability is “partial”, whether the hearing loss occurred, and whether or not teeth were lost. There are even separate calculations used for determining the amount of compensation awarded for the amputation of limbs.

While it is easy to understand that complicated systems ensure that not a single cent of limited government money is wasted when handing out disability pay, it fails to take into account any mental trauma that may have resulted from these injuries or the events leading up to the permanent disability. However, some companies may use the fact that the law is so complicated in order to hold back the proper amount of disability pay. In cases like these, getting a third party involved can help ease the financial burden.

Read More

Hurricane Damage Claims

Hurricanes are among the most destructive natural calamities in the U.S. and, depending on the category a hurricane would fall into, effects can range from damages to frame homes, snapping tree branches and power outages to total collapse of frame homes, weeks of power blackout, and inhabitability of affected areas for months.

In repairing or replacing property damages, people depend on their specific insurance companies as the source of adequate finances. Insurance firms, on their part, would send independent adjusters to claimants’ homes to assess property damages, sometimes a day or two after the disaster, not giving a property owner enough time to  correctly asses his/her own losses.

Though independent, these adjusters are hired by insurance firms and so are trained to represent the interests of their employers. Due to this, the result of assessment to property damages is undervalued. In some cases, claims are denied for reasons claimants never understand or, if a claim is approved, release of payment is delayed.

For a property owner to get an accurate estimate and inventory of the damages to his or her personal or commercial property, hiring his own appraiser is often necessary, whether this be an independent or a public appraiser. An appraiser is expected to act in the best interest of property owners, not of insurance firms. According to the U.S Department of Labor – Bureau of Labor Statistics, claims adjusters, appraisers, examiners, and investigators evaluate insurance claims. They decide whether an insurance company must pay a claim, and if so, how much.

Much of the value of your appraisal will come from the knowledge and assessment of the appraiser, so it is essential to work with an appraiser who has an eye for detail, knows the insurance process, and is looking out for your best interests.

In the state of Texas, for example, getting an accurate and fair evaluation of the damages to properties is highly important to make sure that property owners get the fair amount they are owed for an insurance claim. This is why Texas insurance appraisal is always entrusted to consulting & services firms that look for details, are familiar with the insurance process, and have owners’ best interests first and foremost.

Whether you have suffered damage to your personal or commercial property, an appraiser can help you. Some of the most common claims that appraisers deal with include damage from hurricanes, floods, fires, explosions, ice storms, and wind. Some appraisers also deal with claims of business losses due to property damage.

 

 

Read More