When it comes to life insurance policies, the ideal scenario is one in which you can rest easy knowing your beneficiaries will be taken care of. As a policyholder, you are ok with the idea of paying monthly premiums so long as it means your loved ones will reap the rewards in the long run. However, if you were to know that your money would be going to the policy provider instead of your beneficiaries in the long run, you might not sleep so well at night after paying that monthly premium. Unfortunately, due to so many denied claims by insurance providers, beneficiaries have had to turn to legal support teams like our office all too often. In fact, one insurance provider that we have ample experience dealing with is Banner Life Insurance Company.
Banner Life Insurance Company is based out of Maryland, but owned by parent company Legal & General Company PLC of London. Banner Life Insurance Company has been around since the mid-1900s and offers various forms of life insurance policies. The company advertises “affordable” policies of different lengths to attract potential customers. However, the amount of discounts on these policies can be somewhat irrelevant in the long run if the result is a denied life insurance claim for your beneficiaries. Sure, you may be lining the pockets of Banner Life Insurance Company and Legal & General Company PLC a little less with the discounts, but your money is ultimately going to these providers regardless. This can be quite disappointing to hear, especially since the outcome is not known until the insured has passed away and not around to deal with the issues.
If you have a policy under Banner Life Insurance Company, it is best to be prepared for the worst type of outcome. Given the quantity of denied life insurance claim cases that our legal team have worked on in the past, it would not be surprising to hear a potential client seeking our help versus Banner Life Insurance Company. The denied claim may come for a number of different reasons, including but not limited to, suicide, failure to provide beneficiary information or failure to make timely premium payments. However, there are many times that Banner Life Insurance Company may make denial claims that are simply not justified. While you may or may not be able to tell from the initial denied claim answer they provide you with, your best bet is to contact an experienced legal team following such an answer to see what your options might be. We just resolved a $108,000.00 denied life insurance claim for the full policy amount.
If your Banner Life insurance claim was denied, our life insurance lawyers will fight hard to get you the full amount of the policy.