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When someone has lost a loved one unexpectedly, she can struggle with grief, pain, regret and depression. She believes that the life insurance will arrive in time to help cover funeral expenses and mounting bills. However, some insurance companies will try to deny every life insurance claim that they possibly can. If this happens, the beneficiary should seek the legal advice to a lawyer that specializes in life insurance law.
How Life Insurance WorksLife insurance is offered to individuals at a monthly or annual premium that is determined based on the policy holder's health history, age and on actuary tables. Each month or year the policy holder pays the premium in order to ensure that the beneficiary will receive the life insurance money when the policy holder dies.
Filing a ClaimOnce a loved one dies, the beneficiary must complete an application to receive benefits. An insurance lawyer can assist the beneficiary to complete the application. Some insurance companies will deny a claim based on what they perceive as a misrepresentation or for an application that was not filled out correctly.
Other Potential ProblemsSome life insurance claims may be denied or delayed because the life insurance suspects that the deceased's death was caused by foul play. They may also delay the process if the police are currently investigating the death of the deceased. The insurance company may also require the beneficiary to submit an autopsy report or death certificate before the company will release the claim.
How an Insurance Lawyer Can HelpAn insurance lawyer can provide many benefits to clients. She can help complete insurance forms and help secure the documentation that the insurance company requires. A skilled lawyer will negotiate with the insurance company in order to secure the funds that the beneficiary is entitled to receive. If the insurance company does not comply with its duty to provide compensation to the beneficiary, a lawyer can file a complaint with the court and advocate on behalf of the client. An insurance lawyer may be able to receive a court judgment ordering the insurance company to pay the amount of the policy so that the beneficiary receives the compensation that she deserves. The insurance lawyer may be able to seek additional damages for insurance bad faith. If you have not received the insurance compensation that you deserve, contact an insurance lawyer to protect your rights.
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