Life Insurance Claims

Families purchase life insurance policies to protect their loved ones. Life insurance is essentially a contract between the policy owner and the insurance company (insurer) where the insurer agrees to pay a certain sum of money upon the death of the insured. However, life insurance companies often look for an excuse to deny a valid claim, bringing further agony to a family member’s already painful period.

Insurance companies will attempt to deny claims based on one or more grounds, including misrepresentation, omission, or concealment by the insured at the time of application for the policy or a later amendment. Insurance companies may also attempt to forego a claim based on a missed premium payment. Most life insurance policies are governed by the Employee Retirement Income Security Act of 1974, or ERISA. If the insurance policy is subject to ERISA, you must appeal the decision of the life insurance company to deny the claim within sixty (60) days of the receipt of the notification of denial. Therefore, time is of the utmost essence when dealing with life insurance claim denials.

Life Insurance Litigation And Disputes

Insurance companies will attempt to deny claims based on one or more grounds. They include misrepresentation, omission, or concealment by the insured at the time of application for the policy or a later amendment. Insurance companies may also attempt to forego a claim based on a missed premium payment.

Most life insurance policies are governed by the Employee Retirement Income Security Act of 1974, or ERISA. If the insurance policy is subject to ERISA, you must appeal the decision of the life insurance company to deny the claim within sixty (60) days of the receipt of the notification of denial. Therefore, time is of the utmost essence when dealing with life insurance claim denials.

Life Insurance Attorney In South Florida

While litigation will hopefully not be necessary when working with a life insurance claim, this may be needed as a last resort. Such action depends on your specific circumstances. The process of litigation is difficult and often complicated, especially when dealing with larger firms that might have established legal departments. No matter what sort of case you have, however, working with a local law firm can help a great deal to state your case. You want strong allies on hand.

In some cases, you may be able to reach a settlement without having to go this far. By receiving professional advice from a local attorney in southern Florida, you can increase your chances of making the right call as far as this goes.

Over time, some people have made illegitimate claims that have made it historically easier for insurance firms to deny decent claims. They cite these unfortunate precedents. By working with a professional attorney, you can be sure that you won’t have to worry as much about a wily defense specialist finding some sort of precedent that would permit them to deny your claim.

While there’s never any way to guarantee a specific type of ruling, you can drastically improve your chances. A professional legal specialist knows how to navigate the often complicated world of insurance judgments.

Denial Of Life Insurance Claim

Several different reasons might permit an insurance firm to deny the bereaved of death benefits. Perhaps the most common reason is a lapsed policy. This happens as a result of failure to pay a premium on time. Insurance companies might also find that an individual made a so-called material misrepresentation on their application. This suggests that they either incorrectly recorded their age or perhaps withheld information regarding a medical diagnosis.

Exclusions have slowly vanished from insurance policies, though most usually still refuse to cover suicides that happen within the first few years of coverage and deaths that are in some way connected with the commission of a felony offense. In some cases, an attorney might be needed to clear the name of the individual in question. Once it’s done, their beneficiaries will receive what they were promised.

Older policies are sometimes tied to additional restrictions. Acts of war, death during military service, blood-borne illnesses and other limiting factors can impact the way that a particular case is handled. If you run into these kinds of problems, then a legal expert can help sort out the difficulties.

South Florida Life Insurance Disputes

The denial of life insurance benefits is a contractual problem and requires an attorney that is familiar with the applicable law, including ERISA, insurance law, life insurance applications, life insurance policies, and terminology. That is why you need a top life insurance lawyer.

Clarify Your Benefit Claims With Trembly Law

The Trembly Law Firm has experience litigating life insurance denial cases against numerous life insurance companies. Our team will always do their best to try and ensure that you get the maximum potential payout that’s possible. We consider any extenuating circumstances.

Do you have a claim that has been denied? The Trembly Law Firm may be able to get the insurer to pay the sum your loved one intended you to receive. Reach out to us today.

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