Join us as we discuss the new insurance statistics in North America and globally surrounding a record increase in disability and life insurance claims. As we always say, once the insurance companies start sounding the alarms, and their profits are threatened, you KNOW its a real problem. But how exactly does this affect YOU and your partner?
This episode is meant to be an informative, and is structured to let you know the facts about insurance and what is actually happening behind the scenes so that you and your partner won’t be burned by your policies. If you (and your partner) are interested in getting the most out of your insurance plan, want to continually get what you NEED and what you’re entitled to, and, are continually looking for ways to educate yourself on working the “system” so you can get ahead, this episode is for you. Information is POWER.
Since the beginning of 2021, there has been an increase in non covid related all-cause mortalities globally (due to various reasons) and, insurance companies are losing billions of dollars. This of course, affects those with disabilities the most once again because they are being denied more often. We have seen hundreds more messages on the WAGS digital platforms about denials happening more frequently now than ever before, and we know why. Denials are a business strategy which we have outlined in previous episodes, and helps insurance companies to make more of their goals and additional profits. This is their structured model, it’s not personal.
So, as insurance companies (government and private) try to recoup their lost billions over the next 10 years, learn how to see the trends, understand what is happening, and work the system to your benefit so you and your partner can come out on top.
Article referenced in this episode: https://insurancenewsnet.com/innarticle/8151779
This episode is sponsored by Robyn Wishart of Wishart Brain and Spine Law, the official legal advocate of WAGS of SCI. To learn more about what Robyn does for our community and how she can help you, visit our website here
This episode is also sponsored by Rolling In Paradise Sales, a WAG/Quad owned business specializing in adaptive equipment of all kinds including everyday wheelchairs, sport wheelchairs, off-road mobility, shower chairs, lifts and accessories! They are also a VA Approved business. Support your local WAG of SCI and visit John and Annalisa via their website HERE today!