No matter where you go, you will always need to have insurance. Whether it is simply health insurance, car insurance, or life insurance, having insurance there means that you can be protected against that possible situation. In a car wreck? Car insurance can help soften the blow. Needing to go the hospital often? Health insurance can help to keep your payments low.
These are all taken into account, but it can also be extremely demoralizing when things don’t go as planned. For instance, premium payments can be difficult to take care of. This is especially true when dealing with Lafayette Life, a company that states they have been around for over a century. Lafayette do indeed have a long history of success and prosperity, but that does not mean things cannot go south.
One big thing that is cropping up recently is the increase in problematic cases. Specifically, dealing with claim denials for life insurance. This is an incredibly difficult subject to talk about, as the payouts that life insurance can give can sometimes mean the life or death of the beneficiary as well. But, to the insurance company, it is just another payment that they do not want to make on grounds that it may be falsely earned.
With Lafayette Life, it can be even more so, as they deal with many different insurances, not just for life. Things such as annuities and retirement plans are also under their policy holdings, and as such, they tend to have to deal with grouping policies altogether. Because of this, it can be difficult to figure out where their stipulations and guidelines are drawn, and what can be used against you.
These can include such things as alcohol and drug use, as well as the cause of death. For instance, some policies require that the death be accidental, and not due to abuse or planning. This is supposedly to deter people from attempting to game the system, and use it as a quick out to get a few bucks. But, this is more to ensure that they have a reliable way to give a straight denial against anyone that wants to put in a claim. If the policyholder was on any sort of medication or using any type of substance, the insurance company may resort to stating that the recently deceased had planned the death, thus denying the claim.
Since there are plenty of other reasons as to why a denial can occur, it is best to contact a reliable and experienced life insurance attorney. If you do, they will be able to help direct and secure any issues that may come your way when attempting to deal with a denial. They will help fight for you, as well as beside you in your case.
If your Lafayette life insurance claim was denied, our life insurance lawyers will fight hard to get you the full amount of the policy.