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If it is beyond the 1st two years, nothing short of dying while commiting a felony. They will deny the claim if the insured did not die! They will deny the claim until satisfactory proof of death. IS the policy over two years old? 4lifeguild.com
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∙ 18y ago
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How long does it take to receive payment on life insurance policy?
In most states, the insurance carriers have 30 days to investigate, aprove and/or deny the claim. Then, an additional 60 days to pay the claim. Some stick to this rule, some don't. Keep in mind, they may or will tell you that they need more time or that the claim is been processed. Contact the insurance adjuster and talk to him/her and ask for an update on the claim. If that doesn't help, send them a 10 day certified letter and after that contact your state's departmnet of insurance and file a complaint.
Can you get money back on your cancelled permanent life insurance policy?
Only if you have had it long enuf to develop some cash values less cancellation penalties. If you were misquoted on the premium or decide not to take the policy when it has been produced, you should get everything back. If they deny a claim in some situations you can get everything back no matter how long you have had it
Can an insurance company deny a finance company payoff on a vehicle that has been total by a driver that is not on the insurance policy?
Accident involving a driver not coveredYes! there are certain occasions when an insurer can deny coverage. Especially when the accident involved a driver who was not covered under the terms of the policy. All regular and occasional drivers are required to be listed on your policy. All vehicle owners are required to be dosclosed. Concealment of vehicle owners or permitted drivers on an auto policy is the most common form of Auto Insurance fraud. If the company can determine it, They can deny any and all claims based on the fraudulently obtained policy.AnswerThe answer to your question comes in two separate parts. First, it's important to understand that in general, anybody whom you have given permission to drive a car on your policy is covered by your insurance. This is regardless of their relationship to you and regardless of whether or not they live in your household.With that said, you must also understand that nearly every auto insurance policy covers losses on an actual cash value basis. This means that there is a deduction for depreciation and/or use of the car...e.g. - The older a car is the less it is worth. (Unfortunately, even a brand-new car is never quite worth what somebody has paid a dealership for it. This often results in being "upside down" on your car note because you owe more than what it's worth.)The bottom line is that when a person is upside down on their car note, if the car gets totalled in an accident, the insurance company only has to pay what the car is worth, not what you owe somebody for the car.
What reasons can be used to Deny consumer Credit?
Too much creditHigh Debt to income ratioNo positive accounts etablished.To many negative accounts.
Can you finance a car but not be the insurance holder?
In terms of the lender, probably not. If the car is financed, the buyer/owner has the contract with the creditor. The creditor requires collision and comprehensive coverage for THEIR vehicle which they finance. They do NOT have any relationship with any other person but the person named on the vehicle loan. An insurance policy is only issued when the 'policyholder' has a financial interest in the item for which they are requesting insurance. If you apply for an auto policy to cover the newly purchased vehicle, the insurance carrier will likely deny coverage. If you do not own the car, chances are you do not garage the car at your address of record. This is sometimes acceptable, such as when a child goes off to college, with an insured auto. However, if you simply lend your vehicle to 'John Smith' with no specified ending time/date, this is more than occasional use and the carrier would likely deny any claim arising out of an accident John Smith may have. Additionally, the terms of an insurance policy are accepted by the buyer of the insurance, by signing and dating the policy application and likely another document upon issuance of a policy. If you have no financial interest in the insured item (a car in this case) you have no insurable interest.
Can a insurance company not pay the claim on a auto accident and the passenger died?
There are legitimate reasons why an insurance company would deny a claim. If you were in the accident as the result of an illegal act for instance, you had no license or a suspended license, etc.
For what reasons can an auto insurance company deny a claim?
An auto insurance company can deny your claim if you haven't had your license for at least 18 months. or if the car has been sitting up (not running) for a while. they will need receipts from the repair man saying that the problem has just been fixed.
How long does an insurance company have to accept or deny a claim?
In most states an insurer has up to 60 days to accept or deny a claim. Save
Can you get auto insurance in NJ if you live in ny?
not legally, if they find out your address is wrong the insurance company can deny a claim
How long for auto insurance company to accept or deny a claim?
In most states in the U.S. An insurer has up to 60 days in which to investigate a loss and accept or deny a claim
Can the insurance company deny your claim for stolen vehicle if the car payments are behind?
No, that wouldn't be a reason for claim denial. It may be a reason for them to investigate you for insurance fraud.
Can your insurance company deny a claim if your registered address with the insurance company is in one city but you recently moved and live in another city?
Yes, they can deny a claim. Check your policy for any reference to change of address or location. If you failed to meet the requirements (notification within a certain number of days of moving) they could consider you in violation of the policy and deny the claim.
Can the insurance company deny a claim on a group life insurance policy held for 10 years if your mom died from an accidental overdose of her prescription methadone?
If the policy was current, and the attending physician's opinion is that it was an accident then no they cannot deny the claim on those grounds.
Can you change car insurance companies while a claim is still being settled?
Yes. You can change at any time. The insurance company cannot deny the claim because you changed companies.
If someone's tire comes off and strikes our vehicle how can their insurance company deny our claim?
That is considered a road hazard but you should contact your insurance company to find out if anything can be done.
Why drop an auto insurance claim?
Once you submit an auto insurance claim can your provider deny it?
What happened if you are owner of the car and insurance is on name of previous owner then can you claim insurance?
The insurance company, once things get sorted out, will probably deny your claim. On top of that, the previous owner screwed themselves, because their insurance will go up.
