Life insurance companies deny many of the claims made by families of policy holders
Philadelphia, PA -- (SBWIRE) -- 01/21/2013 -- Lately, there have been numerous cases of denied life insurance claims. It seems that life insurance companies have become more skilled in finding reasons to deny customer claims. As a consequence, many families of policy holders have been deprived of the money they were legally entitled to, through the life insurance policy of the deceased. Claims have been denied for the most varied reasons, from problems with the documentation to disputable death circumstances.
As a consequence, many persons have turned to a life insurance lawyer for help. Life insurance attorneys are familiar with the possible reasons for claim denial and know how to use the life insurance law to help the policy holder’s family receive the benefits provided for by the policy.
The attorneys at Bad Claim Life Insurance Lawyers say that some of the most common reasons for claim denial are: insufficient time, partial disclosure issues, and disputable circumstanced of death. Many times, insurance claims are rejected because the time passed between the issue of the policy and the holder’s death has been too small. Most insurance plans mention the necessary period of time that must pass until the amount of money stipulated in the contract can be received.
If the policy holder dies before that time, insurance companies refuse to make the payment. However, there are cases in which the exact period of time after which the claims are accepted is not written in the contract. In such cases, insurance companies might deny claims, because they consider the time elapsed to be too short. However, a denied insurance claim in this case is abusive. If the period is not properly written down in the contract, the insurance claimer must ask an attorney for help.
Another reason to deny insurance claims is partial disclosure. An insurance company may refuse a claim in case the policy holder did not disclose a relevant piece of information during the application, like a known life threatening health problem. However, if all the information required in the application form has been disclosed, the family of the holder has reasons to contest the decision of the insurance company.
Finally, if the company considers the circumstances of the death to be suspicious, it can deny the life insurance claim. Sometimes, companies deny claims if the death of the holder was suicide, if the holder had been consuming illegal drugs or if the claimer is suspected to have killed the policy owner. Insurance companies will make a complex investigation of the circumstances of death, and use every piece of information to make the decision.
Life insurance beneficiaries must be well prepared with the proper documentation when making a claim. The support of a Life insurance attorney has been shown to increase the chances of receiving life insurance.
About Bad Claim Life Insurance Lawyers
Bad Claim Life Insurance Lawyers (http://lifeinsuranceattorneys.info/) offers legal support to persons whose life insurance claims have been denied.
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