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If the law suit is a result of the event or injury that allowed the disability benefit, yes, the benefits can be discontinued, or money may have to be reimbursed to the insurance company. Consult your attorney for the specifics.

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Q: Can disability benefits be cancel if you receive a large amount of money from a lawsuit or have a large amount of money in a bank account?
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Related questions

Can you receive any of your estranged husbands MD SSI Disability settlement?

if my ex spouse dies can i receive benefits on his SS if i am disability


Where can one receive a social security disability benefit?

Social Security Disability Benefits are available from the American Government. In Canada, they are called Canadian Disability Pension Plan Benefits.


Is disability income taxable?

Determining if the benefits are taxable depend supon whether the premiums were paid before or after taxes. If before taxes, the disability income you receive is taxable. If youpremiums were paid after taxation, the disability income benefits you receive are not taxable.


Could you collect disability if your employer does not provide disability it and your work requires you to be on your feet and have to have foot surgery and be off work for two months?

There are two ways that a person can receive Disability benefits: from Social Security and/or from an employer or individual Disability policy. If your employer does not provide Disability insurance coverage and you do not have your own individual Disability coverage, you will not be able to receive disability benefits, unless you live in a state that has a state-sponsored plan. In order to receive benefits from a Disability policy, you must actually own one or have coverage through your employer. Additionally you must satisfy the requirements of the contract in order to receive benefits. Social Security benefits only pay benefits on disabilities that are expected to last longer than 1 year or end in death, so you would not qualify for Social Security benefits.


How is a child eligible for social security benefits?

A minor child may receive benefits if a parent has passed away. They may also receive benefits if they have a disability.


Is disability insurance taxable income?

Determining if the benefits are taxable depend supon whether the premiums were paid before or after taxes. If before taxes, the disability income you receive is taxable. If youpremiums were paid after taxation, the disability income benefits you receive are not taxable.


How long does it take to receive your benefits once you receive the confirmation letter?

To receive benefits for disability, one has to wait for a confirmation letter via air mail. Upon receipt, wait for one week to receive the benefits.


If I am receiving ss disability do my step children and spouse also get a check?

No, stepchildren and spouses are not eligible for Social Security disability benefits based on their relationship to someone receiving disability benefits. Social Security disability benefits are typically only available to the individual who is disabled, assuming they meet the eligibility criteria.


Can you receive disability and retirement benefits?

I do. I have received disability since 2005 and just started 2010 drawing my portion of my x's retirement. I didn't receive enough in disability to file a return but now with the other it put me over, so I will have to.


Can you receive an expense account when on long term disability?

Call and ask your employer and the IRS


What causes a disability?

A disability is caused by an accident or illness. The illness can be acute or chronic. Whether or not you're eligible to receive any benefits due to your disability depends on what kind of insurance coverage you have. If your disability is work-related, you may be entitled to workers comp benefits that your employer may have purchased. In most states, this is required. You may also be eligible for government benefits that you've paid for with income taxes. If your disability is not work-related, you still may be eligible for government benefits or you may purchased a personal disability insurance policy to pay you benefits. Whether you receive disability benefits from your own insurance policy or a government plan, the definition of disability contained in the policy will tell you what constitutes a disability. Did you mean to ask, what is the definition of disability? That can vary from policy to policy and, since that kind of insurance can be very complex, I would check for your particular policy. mcdlife.com


Can you receive Social Security benefits when you retire if you already receive veteran disability benefits?

Yes, you can. You served your country and you deserve to reap the benefits from what you worked so hard at. You get your social security benefits to because you contributed to the social security system for your working adult life. Therefore, you receive both benefits.