Psychiatrist receives $375,000 long-term disability insurance buyout

Attorneys Dell & Schaefer successfully negotiated a $375,000 long-term disability insurance lump sum buyout for a psychiatrist suffering from major depressive and anxiety disorder. After practicing for 20 years, our client began to suffer from the same condition which he had helped thousands of patients to overcome. The claim was resolved for 70.2% of the present value of future benefits. The client received a mutual release which allows him to return to his prior occupation as a psychiatrist should he recover in the future. Due to a confidentiality agreement the name of the long term disability insurance company can not be disclosed.

Disability Attorneys Dell & Schaefer, established in 1979, have represented thousands of clients with their claims against disability insurance companies. The firm’s disability income division, managed by Gregory Michael Dell, is comprised of eight attorneys who represent claimants nationwide, throughout all stages (i.e. applications, denials, appeals, litigation, & lump-sum policy buyouts) of a claim for individual or group (ERISA) long-term disability benefits. For a free consultation, please call 800-828-7583 or use our contact page.

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