Reliance Standard is trying to claim I owe an offset of nearly double what I actually was awarded.
They refer to it in their letter as “other income”. My breakdown from workmans comp settlement clearly shows I only received $8100. So, I don’t see how they expect me to pay back 15k when I only received $8100. The breakdown is as follows: Benefits to be withheld from 4/9/14 $636.26, Benefits to be withheld from 5//9/14 to 11/9/14 (6 months) $635.00 monthly, Benefits to be withheld for 11/9/14 to 12/9/14 $630.00. Also, included in the above is an addtitional $161.29 that is deducted. There verbage used was: Please be advised that your LTD monthly benefit will be reduced by $161.29. This amount represents the monthly offset for yur Worker’s Compensation award. They are deducting both amounts right now and then in after the last $630 payment made at the end of the year, they will continue as stated above to reduce my benefits in the amount of $161.29. So right now both deductions are being taken out. Again. Income should be money I received, not what the award amount was. They are really pushing the envelope on this one. I was told when I asked why when I used their attorneys to apply for SSID I only paid them 20k and the amout was 24k which 4k went to the attorneys. I asked why I was expected to 15k vs 8100. They told me that’s the agreement that had with SS, which sounds like BS. Income is income and there is no overpayment to me of 15k. So not only am I paying back 15k but I’m losing money for filing a workmans comp claim by paying the attorneys fees to them and Reliance. This should be illegal.
Reply
Resources to Help You Win Disability Benefits
Submit a Strong Reliance Standard Appeal Package
We work with you, your doctors, and other experts to submit a very strong Reliance Standard appeal.
Sue Reliance Standard
We have filed thousands of disability denial lawsuits in federal Courts nationwide against Reliance Standard.
Get Your Reliance Standard Disability Application Approved
Prevent a Reliance Standard Disability Benefit Denial
Negotiate a Reliance Standard Lump-Sum Settlement
Our goal is to negotiate the highest possible buyout of your long-term disability policy.