Lesson learned, disability insurance is a complete waste of money

Ugh, still dealing with the thieves, otherwise known as The Lincoln National Life Insurance Company. 4½ years after filing a disability claim, they have “offered” to settle for $0.10 on the dollar. Why are these insurance companies allowed to sell a policy that claims to pay a monthly amount if you become unable to work, when they never do? We need a class action suit. Lesson learned, disability insurance is a complete waste of money. Companies like The Lincoln National Life Insurance Company are unethical in their practices and they have successfully lobbied congress to favor their unethical practices. If you have a current policy, I urge you to look into your carrier to see if they have a history, like Lincoln, of bullying those of us who file a claim. The tactic seems to be to wear you down until you just settle for pennies out of desperation. If we did not plan ahead, pay off our home and cars, and carry zero credit card debt, we’d have been left homeless. Since we can get by on what we already have, I see no reason to settle for less than the coverage we paid for.