On February 16th, attorney partners David Daggett and Griff Shuler of Daggett Shuler Law appeared on Triad Today, hosted by Jim Longworth. The group discussed what to do when the beneficiary of a life insurance policy finds that their rightful claim is denied. In a later segment, David also participated in the show’s weekly Roundtable Discussion—a summary of local concerns, civic and political issues, and current events. The Triad Today program airs locally on WXLV ABC45 and WMYV My48. Watch the conversation as well as the Roundtable Discussion:
A Staggering Problem
Insurance companies exist to earn money. Paying benefits, even those which are justly owed, is not in their financial interests. As a result, billions of dollars in life insurance benefits go uncollected every year. Due to insurance company loopholes or administrative errors, vulnerable family members are denied payment when they need it most.
Unfortunately, insurance regulations involve complicated state and federal laws. Such regulations can discourage family members who placed their faith in an insurance company to provide in their time of need. People pay into policies with the expectation of benefits being dispersed after their passing. Sadly, many beneficiaries find themselves denied—often due to the insurance company’s negligence.
Complicated Circumstances
Those who buy life insurance expect their loved ones to benefit upon their passing. They enter a contract hoping such payments will ease the burden of loss, including loss of income, funeral costs, or other expenses. In many instances, benefits go uncollected simply because a beneficiary does not know a policy exists and they are not sure where to start looking.
How to Proceed
If a loved one passes—and you do not know if they had life insurance—look through their papers. Start with a human-resources manager at your loved one’s former employer, as such coverage is frequently arranged as part of a benefits package. If an insurer refuses to pay on a life insurance policy, an experienced attorney can help you recover your benefits.
We Can Help.
If you have been denied life insurance benefits after the passing of a loved one, contact Daggett Shuler Law for help. An experienced Life Insurance Claim Denial Attorney can handle your entire case—and work to secure full survivor benefits to which you are entitled as a beneficiary.
If you have questions about a life insurance claim denial, call Daggett Shuler at 800-815-5500. When you call, you will speak with a North Carolina Life Insurance Claim Denial Attorney absolutely FREE. We will investigate every detail of your situation at no cost to you—and fight hard to secure the benefits you deserve.
Daggett Shuler Law – You Can Depend on Us