Unum Disability Lump-Sum Buyout
On a weekly basis our law firm handles Unum lump sum disability buyouts and settlements. Over the past twenty years, our disability lawyers have negotiated over 1,000 Unum lump sum settlements and we know how to get you the highest value possible for your buyout. We offer a free immediate review of your claim to determine if a Unum buyout makes sense for you.
How Do We Help Claimants Get A Unum Lump Sum Settlement?
There are a couple of different ways in which we’ve been involved in helping people receive a lump sum buyout from UNUM. In most cases, we approach our contacts at UNUM to discuss whether or not UNUM is interested in engaging in a buyout. Our lawyers have specific contacts at Unum that only handle the buyout of a Unum long term disability policy. In some rare situations, UNUM will reach out to a disability claimant and offer them some sort of buyout. Never accept a Unum settlement offer without speaking with a lawyer first. There is a possibility that your offer is either too low or calculated incorrectly. There are numerous factors involved in the calculation of a Unum buyout offer, such as mortality rating (life expectancy), interest rates, your current age, the language in your policy(s), your medical conditions, and the actuarial guidelines used by Unum. Our clients get the benefit of the working relationship we have established with Unum in order to get reasonable buyout offers.
Should You Accept a Unum Disability Buyout Offer?
While a large sum of money at one time paid by Unum may seem good at first glance, it may not be in your best interest. Lump sum buyouts can be good, but they are not great for every single person. It just depends what your interests are and what your intent is in terms of what you want to do with the money. When we get contacted to handle a lump sum buyout, we discuss the strengths and weaknesses of your disability claim and what your options would be if not on disability with Unum. We get into difficult discussions about, your life expectancy or your mortality, which are very difficult issues to talk over, because most of these disability policies don’t have survivorship benefits or don’t pay a death benefit beyond maybe two or three months of payments.
The other issue is, what would you do with the money in terms of getting a lump sum versus continuing to get a stream of payments over time, if you think you’re going to continue to get paid? A lot of people like to have a buyout, because they like the certainty of not having to depend on Unum to make a payment every month. Is Unum going to keep paying? Will Unum delay payment down the road? Other people like the financial security of having the money right away and being able to invest the money on their own. Some people have an immediate need for cash, and can’t afford to keep waiting every month for their check to arrive.
More importantly, is that if you retain our firm to work on your behalf on a lump sum buyout with UNUM or any other company, we’re going to do whatever it takes to get you the most amount of money possible. We’re going to be able to advise if you are getting top-dollar value offers for your disability policy. And that’s what we’ve done for hundreds of people with UNUM disability policies all over the country.
We always offer a free consultation. We welcome you to contact us at your convenience to discuss your claim. We will need to see a copy of your disability policy. That’s very important, so that we can talk about the pros and cons of your policy, and let you know if we think a lump sum buyout is in your best interest. We look forward to the opportunity to speak with you, and thank you again for considering our law firm.
Resources to Help You Win Disability Benefits
Submit a Strong Unum Appeal Package
We work with you, your doctors, and other experts to submit a very strong Unum appeal.
Sue Unum
We have filed thousands of disability denial lawsuits in federal Courts nationwide against Unum.
Get Your Unum Disability Application Approved
Prevent a Unum Disability Benefit Denial
Negotiate a Unum Lump-Sum Settlement
Our goal is to negotiate the highest possible buyout of your long-term disability policy.
Policy Holder Rating
I feel like Unum is giving me the runaround!
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Unum terminated my benefits with no warning
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I've been trying to care care of my Unum benefits for over a year. They’ve been so rude
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I've paid for STD for 20+ years. Now, I'm actually sick and can't get paid
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Unum thought I was fine to work. I wasn't
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Unum has made me feel like a criminal
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Unum keeps prolonging the process to approve my LTD benefits
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I only needed Unum once and to no aviail. I got denied
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Q: How can I avoid multiple offsets of my private DI policies by my SSDI amount?
Q: Unum discontinued the "long term Buy out option" in 2014. I was never aware of or informed of this action by Unum.
Q: I was denied by Unum twice. What can I do?
Q: What can I do if Unum didn't pay for my injury?
Q: Can Unum threaten for fire me at the end of FMLA's 12 week time period? Can Unum deny my benefits if my company does not offer the work Unum think sI'm eligible to do?
Q: I have Unum disability insurance and they are asking me to speak with them on the phone before I even submit my application. Do I need to speak with them?
Q: Do you work on a percentage, hourly, or lump sum basis? How much does hiring an attorney cost?
Q: Is it possible to file for LTF for mental heatlh (burn out) reasons?
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