The death of a loved one will likely be one of the most challenging moments of a person’s life. The last thing a person needs at this time is having to deal with a life insurance company acting in bad faith by refusing to pay. Our firm represents beneficiaries of life insurance policies where the insurance company has delayed or denied their claim. Call us today for a free and confidential consultation at (610)- 868-2230.
A life insurance company can deny life insurance claims for the following reasons:
- Misrepresentation: An insurer can deny a claim if the policy holder made certain kinds of misrepresentations during the underwriting period, this is the time period when an application is made for life insurance.
- Death During Contestabilty Period: Many policies provide for a two year contestability period after the policy is issued. If a person dies during this time frame, the insurer will closely investigate the claim to determine if the claim should be paid out. For instance, if a person lied on an application, the claim may be denied, even if the lie does not legally constitute a misrepresentation under the law.
- Failure to Disclose Relevant information: Aside from misrepresentation, failing to disclose something that would impact the the insurer’s decsision to write the policy can be grounds for denial. For example failing to disclose a criminal conviction that was expunged or erased from the court record, can be grounds for denial.
- Failure to pay premiums: A life insurance company may deny benefits if the premiums were not paid or on time.
Don’t let the insurance company be the final authority on whether or not you get paid. Our attorneys are ready to fight for your rights.
There are remedies available to you:
- Each carrier will have an appeals process. The process of appeal can be legally complex, and the insurer is counting on your lack of knowledge of the law. It is important to contact us as soon as you receive your denial letter, to preserve your rights during the appeal.
- If all else fails, our attorneys are ready to bring a Bad Faith Insurance Claim action against the insurer, if the case requires it. Let the insurance company know that you are serious about fighting for your rights and contact us today!