In the unfortunate event that you have lost a loved one, there is often some sort of comfort in knowing that they have named you as a beneficiary for a life insurance policy that they were the holder of. Not to say that money heals these wounds of loss, but the stresses involved with losing a stream of income and the upcoming expenses for a funeral can often amplify the emotions and pain of loss and an insurance payout can at least alleviate some of these concerns. Unfortunately, some beneficiary may rely on this life insurance policy payout, only to be informed that their claim has been denied and they will not be receiving any money as a result. Upon receiving this information from an insurance provider, many beneficiaries will simply give up here. We are here to encourage anyone that receive notice of a denied life insurance claim to pursue their options, whether through an appeal process or by hiring an attorney. Rather than giving up at the first sign of adversity, a denied beneficiary should follow some simple steps to, at the bare minimum, give themselves the option of fighting the denial.
For starters, the beneficiary should gather as much information about the life insurance policy as possible and the reason for denial of claim. If you, the beneficiary, is able to retrieve the policy documents, they can use this as a good starting point to see if the reason for denial is legit or not. While the insurance provider give a wide variety of justifications for denial of claim, the real reason is often financially motivated as the provider aims to avoid a large payout. Gathering information to refute or justify the insurance provider’s reason for denial can go a long way towards determining whether further steps in the process of fighting the denial are warranted or not.
After you have gathered enough information to decide whether a refused claim is worth fighting over, it is time to make a call to a trusted and experienced attorney in the appropriate industry. To be clear, denials of life insurance claims are not the final say in such a matter. This is simply a position that the insurance provider is taking on the payout. In summary, the insurance provider is forcing you to call their bluff and fight for the money that is rightfully yours. By denying your claim, they have essentially placed the ball in your court in hopes that you will not pursue further action. The hope is that you lack the financial resources, motivation or education to push back at this stage. However, with the right legal team to back you up, retrieving an insurance payout that you are rightfully owed should not take much effort from the beneficiary’s standpoint. By contacting our firm, you can rest assured that you have put yourself in a much better position to receive a life insurance payout than you would with alternative options. Instead of accepting a denial life insurance claim on its face, contact our legal experts to take the fight back to the insurance provider.
If you have a delayed or denied life insurance claim, our life insurance lawyers will get you the full amount of the policy.