• Long Term Disability Lump Sum Buyout or Settlement Information

Is a Long-Term Disability Policy Buyout A Good Option?

Lump buyouts can sometimes be a good option for a long term disability claimant. Disability insurance attorneys Gregory Dell and Stephen Jessup recently produced a video in which they discuss the factors involved in obtaining a buyout, eligibility for a buyout and the pros and cons of a buyout.

Our lawyers have negotiated thousands of lump-sum settlements and we know how to get the best value possible for our clients. Contact any of our disability lawyers for a free consultation.

Comments (2)

  • Debbie, I would be happy to discuss your situation with you in detail. If you would like to contact my office and ask for Claudia she can set up a time for us to talk. She can be reached at 888 729 3355.

    Rachel Alters Mar 30, 2018  #2

  • Hello, I was just awarded SSDI with back pay. It seems I’m going to owe UNUM more then I received, however I just don’t have that. I want to be considered for a buy out so I contacted them and my representative said I can’t be considered until They are paid in full??? this doesn’t make sense to me as I would think this could be calculated in the settlement. I receive $4509 each month from UNUM, and now I will receive & $1832 from SSDI. I received retro pay back to August 2015 however I only received $41,225 and this doesn’t add up. My lawyer should have only received $6000 or 25% which ever is less but doing the math it almost looks like he got $14000. I did not receive an itemized receipt so I don’t know who received what. My husband and I are trying to downsize our living style but oddly enough we need money to do that, so I am interested in the 1 time payment. I also do not have a copy of a contract from UNUM because I had this policy for a long time and it originally was through aflac and unum took it over. I tried pulling it up in my account but its not available.

    I really need help to help get the payout from UNUM, is this possible? I live in West Winfield, NY – I worked for a non-profit hospital – and I have many conditions that cause me to be disabled but none life threatening. I have Lupus, Fibro, Cervical and Lumbar disc issues with nerve compression causing neuropathy, hip arthritis, joint pain and swelling, fatigue, migraines chronic and severe…

    Debbie Mar 29, 2018  #1

Leave a comment or ask us a question

Questions About Hiring Us

Do you work in my state?

Yes. We are a national disability insurance law firm that is available to represent you regardless of where you live in the United States. We have partner lawyers in every state and we have filed lawsuits in most federal courts nationwide. Our disability lawyers represent disability claimants at all stages of a claim for disability insurance benefits. There is nothing that our lawyers have not seen in the disability insurance world.

What are your fees?

Since we represent disability insurance claimants at different stages of a disability insurance claim we offer a variety of different fee options. We understand that claimants living on disability insurance benefits have a limited source of income; therefore we always try to work with the claimant to make our attorney fees as affordable as possible.

The three available fee options are a contingency fee agreement (no attorney fee or cost unless we make a recovery), hourly fee or fixed flat rate.

In every case we provide each client with a written fee agreement detailing the terms and conditions. We always offer a free initial phone consultation and we appreciate the opportunity to work with you in obtaining payment of your disability insurance benefits.

Do I have to come to your office to work with your law firm?

No. For purposes of efficiency and to reduce expenses for our clients we have found that 99% of our clients prefer to communicate via telephone, e-mail, fax, GoToMeeting.com sessions, or Skype. If you prefer an initial in-person meeting please let us know. A disability company will never require you to come to their office and similarly we are set up so that we handle your entire claim without the need for you to come to our office.

How can I contact you?

When you call us during normal business hours you will immediately speak with a disability attorney. We can be reached at 800-682-8331 or by email. Lawyer and staff must return all client calls same day. Client emails are usually replied to within the same business day and seem to be the preferred and most efficient method of communication for most clients.

Dell & Schaefer Client Reviews   *****

Jane F.

When I called Dell & Schaefer I felt hopeless. When I called, a phone conference was immediately set with an attorney, Rachel Alters. The attorney listened carefully to my story, and my concerns. She was thoughtful even as I had difficulty holding back my tears and maintaining my composure. I sent several documents via e-mail and fax and she returned my call within a very reasonable amount of time. I was so grateful when she agreed to take the case.

The attorney had an assistant that was also helpful. I felt very well advised and confident that Dell & Schaefer and my attorney were on my side. I was also relieved to know that once I sent the information to the firm that my work, such as reviewing and completing paper work, or calling doctors for further documents, was mostly finished. They took the reigns. I didn’t have to try and keep fighting all by myself. I was already exhausted by my disability and the legal fight was making my life even more miserable. After what seemed like a long time, although only six short months, Rachel called to tell me that she had a settlement offer from the insurance company that had denied any benefits to me for over 2 years. Rachel and each staff member treated me with respect and understanding. I am very grateful for their help and so grateful that a firm exists that can fight against these big insurance companies and win.

***** 5 stars based on 202 reviews

Speak With An Attorney Now

Request a free legal consultation: Call 800-682-8331 or Email Us