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LIFE INSURANCE
CLAIMS
The main purpose of life insurance is to provide financial help to your
family should a family member die unexpectedly. The money your dependents,
such as your spouse and children, will receive from life insurance is
called a death benefit.
1. Collecting life insurance proceeds is not a simple task. First, many
insurance companies will deny payment if the claim is not made in a
timely manner. Second, once a claim is made a full investigation into
the cause of death and the medical history of the deceased is conducted
by the insurance company. In most cases the insurance company is looking
into whether the deceased failed to disclose a medical condition on
their life insurance application.
There are multiple legal reasons that an insurance company can deny
payment of life insurance proceeds. If you have been denied life insurance
proceeds, contact our law firm to discuss the potential actions that
you may take. |
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