by Karl Voigt
Workers’ compensation claimants: do you have help you don’t know about? It’s possible you may have a little help out there. Your income is generally fixed and it’s time to assess and know what resources you have available.
If you are receiving workers’ compensation benefits, that likely means you’re considered disabled. If you’re disabled, you may have insurance policies you may not remember. Namely, if you have a mortgage, car loan, or even credit card, you may have taken out a disability policy when you opened your account. It’s time to take advantage if you did. Even if you don’t remember, you should contact your lender to see if you have a policy that will actually make your payments while you are disabled.
How about disability polices? Maybe you have paid premiums to an insurer like, say, one associated with a duck that has a voice remarkably to Gilbert Gottfried’s. If you have, you may be entitled to a monthly disability check. If you paid 100% of the premiums, you may be able to collect benefits over and above your workers’ compensation checks. The only downside is that this disability policy may claim a credit for any workers’ compensation checks you get. You may get a reduced amount, but most of these policies have a monthly minimum payout. And, as you know, every little bit helps.