Dealing with a denial of a life insurance claim can be extremely frustrating. It can range from something so simple that you completely overlooked it, or something so convoluted that it seems like the insurance company was grasping at straws when they sentenced the denial to paper. This all comes at the same time as the death of the family member, so it just feels completely insincere when the company attempts to posture themselves in a way that means they don’t have to pay a dime of the insurance claim.
This is almost painfully made aware when it comes to Mortgage Life Insurance Denials. Mortgage Life Insurance Policies are policies that can be gotten and put into effect for a person and one other party, both of whom share a mutual mortgage payment. This can be anything, from a car, to a house, to a business even. Any type of mortgage can be accepted, provided that the insurance company agrees with your mortgage choice.
The reason that it becomes so painfully obvious that denials can be frustrating is due to the fact that Mortgage Life Insurance Claims tend to fall under a much more watchful eye than others. Even if the death is accidental, or completely out of the party’s hands, any bit of evidence that there is foul play, or that the death was intentional for reasons as to get the insurance money right away, the insurance company will generally attempt to delay or deny the claim from going through.
How to Fight Denials in Mortgage Insurance Claims
To start a fight against a denial of a claim, make sure to note the time between the effect of the policy and the time of death. The Effect of the policy is when the policy activates, usually the day that the insurance company accepts and okay’s the contract. From there, make sure to completely note and record how long it has been since the activation to the time of death. This is due to how often the insurance company will attempt to say that it is suspicious due to how quickly the person died after the policy activated, bringing into question if there was a falsification on the medical records.
Gather all available documentation of the death. This can include toxification reports, incident reports, as well as previous medical records. All of these should be from the closest original source, as it is important that it is not tampered with. Getting a full transcript of the original contract and policy will also be to your advantage, as knowing every inch of the policy will keep you from falling into a legal pothole.
The best advice that can be given is to hire a team of experienced lawyers and attorneys that specialize in Mortgage Insurance Claims. Hiring an experienced attorney can benefit you by making sure your case is completely solid, that you have all the necessary paperwork to prove that your claim is sound, as well as help to find the issues in the denial itself from the insurance company.
Not sure where to start? Can’t find an experienced lawyer or attorney to help you? Look no further than our offices. Here, we have plenty of experienced and practiced attorneys that are able to work quickly and efficiently to get you the best settlement available. They know that this is more than just the money, and the case. It is about your livelihood, and providing for your family.