Standard Insurance Company is an American insurance provider and financial services company that is headquartered in Portland, Oregon. This provider is often known as “The Standard” by many and happens to be a subsidiary company under StanCorp Financial Group. StanCorp is also headquartered in Portland but was purchased by a Japanese life insurance company in 2016, putting an end to StanCorp’s time on the New York Stock Exchange as a publicly traded company.
No matter what company you go through, there is always a chance of a denial coming back on a claim, but there are a very high number of Standard Insurance Company life insurance denials. Denied life insurance claims can be some of the most dreadful things that you can hope to not hear during the time of mourning. Since a claim is usually made at the death of the insured, or during a very painful period of time, the absolute last thing you would want to hear is that you have to battle through legal paperwork and forms to receive your payout for an insurance policy that should be available to you at times like this.
The reasons for denial can vary greatly depending on the plan that you have received. If your insurance holder purchased it through their employer, the benefits and extras that can be added to the skeleton of the insurance can be extremely limiting, and may not cover all that you expected. If you are working through an independent provider, it can be even more dangerous, as the specific clauses may detail obscure requirements that you, as the beneficiary, may not fit.
Because of this, it is important to know how to fight an insurance claim denial. If you do receive a denial from the insurance company, it is the best thing to first ask for a fully detailed denial letter. You may be denied due to an alleged misrepresentation on the application or due to an exclusion. Some common exclusions include: felony exclusion; suicide exclusion; drug exclusion; alcohol exclusion; self-inflicted injury exclusion; and more. There may be a beneficiary dispute between ex-spouse, spouse or children, and may result in an interpleader being filed.
Our life insurance law firm has resolved thousands of Standard Life insurance claims over the years, and with a 100% rate of success. If you have a long delay of over two weeks, get us involved before the denial.
Recent Standard Insurance Company Denied Life Insurance Claims
- Standard Insurance Company denied AD&D claim $205,700.00
- Standard Insurance Company beneficiary dispute by ex-spouse $234,000.00
- Standard Insurance Company prescription drug denied claim $101,200.00
- Standard Insurance Company insurance claim denied suicide $123,700.00
- Standard Insurance Company interpleader claim resolved $211,000.00
- Standard Insurance Company alcohol exclusion denied life claim $218,000.00
- Standard Insurance Company insurance claim felony exclusion $240,000.00
- Standard Insurance Company denied life insurance claim divorce $104,000.00
- Standard Insurance Company denied life insurance claim divorce $109,000.00
- Standard Insurance Company insurance claim denied lapse $152,000.00
- Standard Insurance Company alcohol exclusion denied life claim $135,000.00
- Standard Insurance Company beneficiary dispute spouse $232,000.00
- Standard Insurance Company autoerotic asphyxiation denial $125,200.00
- Standard Insurance Company denied AD&D claim $100,000.00
- Standard Insurance Company beneficiary dispute ex-spouse $105,000.00
If your Standard life insurance claim was denied, our life insurance lawyers will fight hard to get you the full amount of the policy.