Denied Life Insurance Benefits? 3 Steps To Handling The Situation

Law Blog

Most people assume that because they pay their life insurance premiums that the life insurance company is going to pay their policy to the beneficiary upon their death. Unfortunately, this is not always the case. Any life insurance company has the right to delay, deny or reduce payments for a number of reasons.

However, it is crucial that you know what reasons are legit and when they are treated you unfairly. Here's what you need to do:

1. Don't Wait Before Moving Forward

While it is incredibly frustrating to deal with the life insurance company, you need to know that you have rights if you have been denied benefits. If you just take their word for it that they won't pay you, then you've given up. You've let them win.

Don't allow them to get the last word. You can hire an attorney who is experienced in this type of legal matter to fight back. The sooner you decide to take charge, the better of a chance you will have in getting the benefits you are owed.

2. Don't Just Take The Company's Word For It

If the insurance company denies your claim, don't just assume that it's a losing battle. It is possible that even if they have already denied a claim that they will reverse their decision. In some cases, the denial may have been due to a misunderstanding, inadequate documentation or an entirely different error

Sometimes, the insurance company acts in bad faith and denies an insurance claim when it should actually be approved. This is why it is important to obtain their reasoning behind the denial, as it may not be legal.

3. Don't Handle The Situation By Yourself

While insurance companies will appear to be helping you, they are not actually on your side. If you are inexperienced in negotiation tactics and dealing with insurance companies, then you could accidentally put a huge dent in your case. When the insurance company seems to be beating around the bush or is requesting additional paperwork that you are uncertain whether they need, it is in your best interest to speak to a legal representative. They'll know whether the life insurance company is up to something or if it's a legitimate request.

While you should have an attorney by your side when dealing with a life insurance denial, it is crucial that you help them deal with the situation in every way that you can. Make sure that you provide your attorney with any and all documentation relating to the life insurance policy. Even if it is something small that you don't think is useful, give it to your attorney. You never know when that small piece of information may actually win your case for you.

To learn more, contact a company like Terry Napora Law Office with any questions you have.


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