Life Insurance Benefit Denials
If you are facing a life insurance benefit denial, you are not alone.
Many beneficiaries of life insurance policies have experienced having their life insurance benefits being denied. When you take out a life insurance policy, you pay into it with the expectation that—when you or your spouse die—your benefits will be dispersed as discussed. Unfortunately, some of the nation’s largest life insurance companies are notorious for denying life insurance benefits from a significant number of beneficiaries.
Click here to learn more about the different types of Life Insurance policies available—and what they mean.
In many cases, insurance companies try to avoid paying out life insurance benefits owed to beneficiaries. Too many Americans are unfairly denied the life insurance benefits to which they are entitled–even if it is due to negligence on the insurance company’s behalf.
Life Insurance Companies Fail to Notify Beneficiaries
When a loved one dies, families are often unaware that life insurance benefits even exist—let alone where the actual policy is located. This can be a serious problem, because many policies have very strict time limits within which to submit claims.
One standard technique used by insurance companies to deny policy benefits involves failing to notify a beneficiary that a deceased loved one had a life insurance policy. In most cases, the insurance companies are aware that a policy-holder has passed away but fail to notify beneficiaries—ignoring evidence in their files and avoiding a major payout.
If a beneficiary never comes forward to request benefits, the insurance company will cancel the policy after an allotted time and keep the profits for themselves. This intentional negligence could impact millions of life insurance policies throughout the United States.
If you are the beneficiary of a life insurance policy and are dealing with a life insurance policy denial, let us support you during this difficult time. Our award-winning life insurance benefit denial lawyers can give you the peace of mind you need—with the legal guidance that is required to secure the life insurance benefits you are entitled to.
We have offices conveniently located in both Winston-Salem and Greensboro, North Carolina. If you cannot get to us, let us know. We can come to you.
At Daggett Shuler, you can depend on us.