When you go about your daily routine, you know that accidents can happen. Life can have an unexpected twist or turn, which can definitely force you onto an unfortunate path. Things like a vehicle accident or an on-the-job injury can mean a complete shutdown for your family, especially if the main breadwinner of the family is at the heart of it.
As such, you should be able to reliably count on your life insurance policy to come into effect if something were to happen. That is unfortunately not always the case. Companies such as Ameritas, who say that they are reliable and trustworthy, can easily flip the tables on different clients by looping in small clauses and stipulations that can be extremely difficult to follow.
For instance, one of the most used reasons for denials of life insurance claims is that the time of death is too early in comparison to when the policy activated. This period will usually be a period of around 2 years after the start of the contract. If the policyholder dies within this timeframe, many insurance companies, Ameritas included, will attempt to call foul, and look into whether or not the death was within their guidelines.
Another way that they will attempt to stop you from getting your insurance claim approved is to say that a policyholder or beneficiary did not fill out the proper paperwork. This results in a “falsification” of information on the policy, thus resulting in a null and void contract. This tactic is used often by insurance companies, as many people have to jump through rings of fire to even get approved in the first place. This excuse to not pay can be anything, from a slightly wrong medical history, to a botched beneficiary listing, to even agreement terms on what is covered and what is not.
To add to these issues, paperwork problems can also occur when going through your employer as well. For instance, if your employer decides to not tell you about a certain clause that must be followed, this can easily hinder the beneficiary’s chances of getting approved. Even if the issue came not from the policyholder or the beneficiary, it can still be considered their fault, and the insurance company will decide to just deny the claim.
Because of this, it is best to get an independent life insurance lawyer to help you through your tough problems when it comes to claim denials. Many of the insurance companies will always attempt to make a pretty penny, so don’t let them fool you. Safeguard yourself for a better future. We just got a $127,000.00 claim paid.
If your Ameritas Life insurance claim was denied, our life insurance lawyers will fight hard to get you the full amount of the policy.