Depending on whether you belong to certain work groups, you may find yourself with certain options for service products. Veterans, active duty military, certain professionals and teachers all find themselves with perks available to them by simply being in a certain line of work. Bank accounts, mortgages and insurance products are all options that may be available to you at special rates simply by being a member of that particular profession. If you are a teacher, you may have become familiar with the life insurance company known as Teachers Insurance and Annuity Association of America, or TIAA for short.
TIAA was originally founded in 1918 under the name of “TIAA-CREF” as a company most known for its retirement products. The company has grown and modified its insurance offerings over time, as well as rebranding its name to simply “TIAA” as of 2016. Many of its consumers that have purchase life insurance policies under the names of “TIAA-CREF Life Insurance Company” or “TIAA Life”.
Regardless of the name, teachers should be weary of trusting a provider simply because they fall under a certain career group. Some might find comfort working with a group where they can find discounts or known that their peers are associated with. However, many teachers have fallen victim to this company’s tendency to deny life insurance claims for a number of different reasons. While some denied claims may be legit, it is not unheard of for a provider to simply deny a claim to keep their company profiting. Imagine your monthly premiums working against the balance of your policy for several years. Unfortunately, you pass away unexpectedly and long before your life expectancy. While your beneficiaries may be needing the money promised by the policy, TIAA may be more worried about the large financial hit they are about to take if they pay out on the policy.
If you find yourself in a similar situation to the above described scenario, do not be caught off guard when TIAA denies your claim. When faced with the possibility of a big financial loss, TIAA will seek out just about any possible loophole they can find. If they are at a loss for reasons to deny, they may simply delay the claim or deny it and see if you are wishing to push back with an appeal. While the reasoning may not be justified, these tactics are common in the industry. Do not find yourself without recourse in such a situation. Instead, arm yourself with an experienced and qualified legal team to set you in the right direction. We settled a $30,000.00 denied life insurance claim for the full policy amount.
If your TIAA-CREF Life insurance claim was denied, our life insurance lawyers will fight hard to get you the full amount of the policy.