Ivari Long-Term Disability Claims

Ivari Insurance, a prominent insurance provider in Canada, offers various insurance products including long-term disability (LTD) coverage.

Background:

Ivari, formerly known as Transamerica Life Canada, is a well-known insurance company in Canada with a rich history. The roots of Ivari Insurance trace back to 1927 when the company was originally founded as Sovereign Life Assurance Company in Toronto, Ontario, Canada. The company initially focused on providing life insurance and financial services to Canadians.

Over the decades, Sovereign Life Assurance Company experienced significant growth and expanded its range of insurance products and services. In 1999, AEGON N.V., a Dutch multinational insurance company, acquired Sovereign Life Assurance Company, and it became part of the Transamerica Life Canada group.

Under the Transamerica Life Canada brand, the company continued to offer a wide range of insurance and financial products, including life insurance, critical illness insurance, disability insurance, and investment-linked products. It maintained a strong presence in the Canadian insurance market, serving individuals, families, and businesses across the country.

In 2015, Transamerica Life Canada rebranded itself as Ivari, marking a new chapter in its evolution.

Claims Process Overview:

Initiating an LTD claim with Ivari Insurance involves submitting comprehensive medical documentation, treatment history, and relevant information supporting the disability claim. Effective communication and understanding of policy terms are crucial during this phase.

Can Ivari Insurance Deny My LTD Claim?

Like other insurers, Ivari Insurance can deny LTD claims based on factors such as inadequate medical evidence, failure to meet disability definitions in the policy, missed deadlines, or policy exclusions related to pre-existing conditions.

Why Do LTD Insurance Providers Deny Claims?

LTD insurance providers may deny claims due to discrepancies in medical documentation, conflicting medical opinions, lack of objective evidence supporting the disability, or non-compliance with policy criteria.

What Does the LTD Claims Appeal Process Involve?

The appeals process for denied LTD claims with Ivari Insurance typically requires submitting a formal appeal, providing additional medical evidence, engaging with Ivari’s appeals representatives, and potentially undergoing independent medical evaluations.

Are There Time Limits For Filing Legal Insurance Claims in Canada?

Yes, specific time limits exist for filing legal claims related to denied LTD benefits in Canada. Claimants must be aware of these timelines and take prompt action, including seeking legal advice if their claim faces denial challenges.

How Long Does the Claims Process Take?

The duration of the LTD claims process with Ivari Insurance varies based on case complexity, available medical evidence, responsiveness of parties, and potential appeals. Claimants should be prepared for potential delays and fulfill all requirements within specified timelines.

What To Do If My LTD Benefits Have Been Denied?

If facing denial of LTD benefits with Ivari Insurance, consulting a personal injury law firm specializing in LTD claim denials is crucial. Disability lawyers can review denials, assess appeal grounds, gather pertinent evidence, and advocate for claimants’ rights during the appeals process or potential legal proceedings.