Bad faith denial of life insurance benefits occurs then the insurance company fails to honor its contract. When an insurer acts in a negligent, fraudulent or deceitful manner in order to deny or delay a claim on the insurance policy and payment of funds, it is called “bad faith” and it’s against the law.
We buy life insurance to protect our family’s welfare. It is a form of security that ensures the beneficiary’s stability by providing them with much needed financial support when a loved one passes away.
As life insurance denial lawyers, we know insurance companies make money by collecting premiums, not by paying out claims. They will resort to many wrongful practices in order to delay or deny claims.
How Bad Faith Denial of Life Insurance Benefits Occurs
Policies are often composed so that the provisions and wording are barely understandable, and the details can be translated to benefit the insurance company instead of the policyholder. It is common practice for bad faith denial of life insurance benefits to be based on the insurer’s claim that the decedent misrepresented some fact on the insurance application.
Life insurance claims take place during a time of mourning and grief for the loved one who passed away. Beneficiaries of the deceased may lack the spirit and strength to investigate why their claim was denied. Many insurance companies know this and take full advantage of it.
When Your Life Insurance Company Acts in Bad Faith
It is a tragedy that individuals are trapped in a situation where they simply give up or, if they do have the fortitude, are forced to justify their claim, even though the benefits are rightfully theirs.
If you are faced with a bad faith denial of life insurance benefits, we can help you take legal action against your insurance company. At Marc Whitehead & Associates, we are life insurance denial lawyers committed to righting this wrong.
We handle claims against insurance companies for rejecting or underpaying policy benefits, and for making omissions or errors that undermine a policyholder’s ability to collect payments.
Insurance companies engage fleets of attorneys to make sure you do not receive payment for your claims, or that you consent to a much smaller settlement. To successfully fight the insurance corporations, attorneys must have a thorough knowledge of insurance applications, practices, terminology and insurance law.
Our Attorneys Defend Against Bad Faith Denial of Life Insurance Benefits.
These types of deceptive and illegal actions are unacceptable, and the insurance companies should be held liable for their actions. As life insurance denial lawyers, we have a great deal of experience in holding insurance providers accountable to their policies. We are fully prepared to litigate against billion dollar insurance companies on your behalf.
Allow us to explain your rights under the law and help you determine the best way to move forward with a successful claim. Let us take on the insurance company, while you take care of matters at home.
Schedule a Free Case Evaluation Today
For information about your case, and getting the money you deserve, Contact Marc Whitehead & Associates.
It is important that we review your denied life insurance claim immediately. Key evidence must be preserved, and documentation is critical.
Our goal is to do everything legally possible to help you receive your rightful compensation. We assist clients in all 50 states. Most cases involving bad faith denial of life insurance benefits are handled on a contingency fee, meaning there are no fees until we recover money for you.
Find out more about bad faith denial of life insurance benefits, and what you can do about insurance company bad faith.
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If you were denied long term disability benefits, Social Security Disability or Veterans’ Disability Compensation, we are prepared to help you now. 1-800-562-9830