Life Insurance Claims Lawyers

After the death of a loved one, it can be difficult to focus on practical matters like estate management and life insurance claims. Unfortunately, during this difficult time a number of events can add to your emotional upheaval; one of the most upsetting is the denial of your claim against the deceased’s life insurance policy. This can add financial concerns to your list of worries and lead to costly legal proceedings; however, if an insurance company continues to deny payment for a valid life insurance policy, it may be advisable to enlist the services of an experienced life insurance claims lawyer to pursue your claim.

Life insurance companies, like other insurance providers, are motivated to deny payment on claims for one simple reason. Every time they pay a claim, they lose money. Most reputable insurance companies will not avoid payment on valid claims without a substantive reason, such as material nondisclosure of facts or nonpayment of premiums. If the insurance company can prove that the insured individual willfully and deliberately concealed information that would have led to higher premiums or denial of coverage, then the courts will often rule in their favor and disallow the claim for payment; if the life insurance policy had lapsed because of failure to make monthly or annual payments, a similar result will ensue.

However, if no just cause exists for denial of the claim, obtaining the assistance of a life insurance claims lawyer can often produce results in receiving payment on your claim. Life insurance companies rely on the statistical likelihood that many rightful claimants will simply give up when faced with a negative response due to fear of the legal process, worry over the expense of employing a lawyer, or stress and grief over the death of a loved one. By failing to pursue your legal options, you are essentially granting the insurance company a windfall profit for the full amount of the policy’s value. Most lawyers who deal with life insurance claims offer a free initial consultation to determine if the case is worth pursuing; if your life insurance claim has been denied, you owe it to yourself and your family to investigate further by consulting one of these legal professionals for expert advice and guidance.