5 Reasons for a Life Insurance Claim Denial
Our Miami Insurance Claim Lawyer Is Here to Assist If you’re the beneficiary of a life insurance policy and have had your life insurance claim denied by the insurer, then you may be entitled to challenge that denial by resubmitting a claim or by pursuing a lawsuit to secure compensation. Life insurance claim denials are infrequent, but when they do occur, they can cause a great deal of anxiety. After all, the beneficiary might have been expecting to receive a payout, and the denial can put them in an incredibly vulnerable position from a financial perspective. It’s important to understand that you need not accept the adverse decision of the life insurance company. Though the insurer may have denied the application on one of several different bases, these justifications are not always supported by the facts of the case. If you’d like to speak to an experienced Miami insurance claim lawyer (about the denial of what you believe to be a legitimate life insurance claim), we encourage you to contact our team here at Ver Ploeg & Marino, P.A. We look forward to speaking to you about what you can do to obtain the benefits you deserve. For now, let’s take a closer look at some of the reasons used by insurers to deny a life insurance claim. Consider the following. 1) Misrepresentations on the Insurance Application If the life insurance policyholder misrepresented the facts on their insurance application, the insurer could deny a claim made by the beneficiaries. It’s […]