Industrial Alliance Insurance and Financial Services Inc. (“Industrial Alliance”) was founded in 1892. In its annual report of 2017 Industrial Alliance states that it is one of the largest insurance and wealth management companies in Canada, with operations in the United States. Industrial Alliance also states in the report that as of December 31, 2017, it had assets of nearly $170 billion under management and administration.
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Industrial Alliance sells short term and long term disability insurance policies. Some of the Industrial Alliance’s disability insurance policies are group policies through employers and others are private.
Many of our clients at Kotak Law have been surprised and upset when Industrial Alliance has denied or terminated their disability insurance claim. Sometimes they are told that there is insufficient medical evidence or that the test for total disability has changed and there is some other job that they can do.
At Kotak Law our disability insurance lawyers have been successful in suing Industrial Alliance and securing significant lump sum settlements for our clients who suffer from illnesses such as chronic pain, chronic fatigue, depression, anxiety, panic attacks, fibromyalgia, colitis, cancer, heart disease or even stress alone.
