Screen Readers Skip to Content

Why Does the Disability Insurance Company Request My Tax Returns

Published : 2010-09-16 - Updated : 2016-03-20
Author : Disability Attorneys Dell & Schaefer - Contact: diattorney

Synopsis: Insurance companies are going to ask for your tax returns for a handful of reasons.

Main Digest

The insurance companies are going to ask for your tax returns for a handful of reasons.

First and foremost, it's just to make sure you're not working if you're telling them that you are not working.

Secondly, they may ask for them and if you have a residual disability claim, that's going to be a basis to determine what your previous ability income was and when it comes to determining what your benefit amount is going to be under that residual disability definition.

Also, they may look on your tax returns and see that you have involvement in other corporations, so they may want to investigate that to really determine what your pre-disability occupation was.

Some policy provisions will have it that they will consider every job you're doing.

So the tax returns are a way for the insurance companies to fully investigate so they have an idea in their mind of what your job duties were, or in the event of an ERISA group claim, it may be something that you may be able to do for any occupation definition.

So there are various different reasons for it, but it's not uncommon that they ask you for your tax returns.

Information supplied courtesy of the experts at diattorney.com who specialize in disability insurance claims.

You're reading Disabled World. See our homepage for informative disability news, reviews, sports, stories and how-tos. You can also connect with us on social media such as Twitter and Facebook or learn more about Disabled World on our about us page.

Disclaimer: Disabled World provides general information only. Materials presented are in no way meant to be a substitute for professional medical care by a qualified practitioner, nor should they be construed as such. Any 3rd party offering or advertising on disabled-world.com does not constitute endorsement by Disabled World. View our Advertising Policy for further information. Please report outdated or inaccurate information to us.

Cite Page: Journal: Disabled World. Language: English (U.S.). Author: Disability Attorneys Dell & Schaefer. Electronic Publication Date: 2010-09-16 - Revised: 2016-03-20. Title: Why Does the Disability Insurance Company Request My Tax Returns, Source: <a href=https://www.disabled-world.com/disability/insurance/claims/insurance-tax.php>Why Does the Disability Insurance Company Request My Tax Returns</a>. Retrieved 2021-06-24, from https://www.disabled-world.com/disability/insurance/claims/insurance-tax.php - Reference: DW#448-5395.