Life insurance is a contract between an insured (policy holder) and an insurer where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of the insured person.
These are ‘peace of mind’ contracts. The contract or policy will set out several definitions and terms. Contractual definitions and terms are almost always open to interpretation.
Most of these denials involve disputes over allegations of misrepresentation, non-payment of premiums, and exclusion clauses.
Our insurance denial lawyers have successfully resolved denied life insurance claims by bringing forth the medical and collateral evidence required to resolve disputes over life insurance denials.
Even in circumstances where the insurance company permits you to appeal the decision, it is still important to seek legal advice from an insurance denial lawyer for the following reason:
YOU ONLY HAVE A LIMITED TIME WITHIN WHICH TO TAKE LEGAL ACTION. THIS IS CALLED A LIMITATION PERIOD. WHEN THE TIME LIMIT BEGINS TO RUN WILL DEPEND ON THE FACTS OF YOUR CASE.
Time limits are not the same for every policy and every circumstance and that is why it is essential to get legal advice to know what time limits apply in your particular circumstance.
If an insurer has wrongfully denied you benefits, you may have no alternative but to take legal action.