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Long Term Disablity Settlement

Started by andy nguyen , Jun 11 2008 09:57 PM

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#1 andy nguyen

andy nguyen

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Posted 11 June 2008 - 09:57 PM

Hi,

I am a C-3 incomplete 8 years post and during the past 8 years I received monthly benefit from Hartford Insurance under long term disability and a small amount from Social Security. Is it possible to negotiate for a lump sum payment under long term disability benefits under Hartford Insurance. The reason I am asking this is because I will be marrying next winter and need some money to buy a house in Vietnam and spend the rest of my life living with my girl there. Thanks

#2 Paul Breen

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Posted 12 June 2008 - 10:35 AM

 andy nguyen, on Jun 11 2008, 10:57 PM, said:

Hi,

I am a C-3 incomplete 8 years post and during the past 8 years I received monthly benefit from Hartford Insurance under long term disability and a small amount from Social Security. Is it possible to negotiate for a lump sum payment under long term disability benefits under Hartford Insurance. The reason I am asking this is because I will be marrying next winter and need some money to buy a house in Vietnam and spend the rest of my life living with my girl there. Thanks



Hi,

It is not usually possible to negotiate a lump sum. However, this does not prevent you from contacting the insurer, explaining your situation, and seeing if there are any routes forward that would be beneficial for you.

Paul
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