Florida Life Insurance Claim Denied: Why It Happens
Life insurance often serves as a safety net, providing financial protection to the policyholder's loved ones. However, when it comes to claiming these benefits, beneficiaries may encounter disputes or challenges. Understanding common types of life insurance claims and disputes can help beneficiaries navigate these difficulties more effectively. When legal intervention becomes necessary, national life insurance law firms like the Law Offices of Jason Turchin can provide valuable assistance.
1. Misrepresentation on the Application
Misrepresentation refers to providing false or inaccurate information on the life insurance application. If the insurer discovers such discrepancies after the policyholder's death, they may deny the claim, citing material representation. This is a common issue, particularly concerning medical history or lifestyle habits like smoking or drinking. The Law Offices of Jason Turchin can evaluate your case and help contest such denials, especially if the misrepresented information did not contribute to the cause of death.
2. Lapsed Policies
A policy lapse occurs when the policyholder fails to pay premiums, leading to the cancellation of the policy. If the insured dies during the lapsed period, the insurer may deny the claim. However, there can be valid reasons for missed payments, such as an error with automatic bank transfers or non-receipt of premium notices. Our attorneys can investigate the circumstances surrounding the lapse and help you file a dispute if appropriate.
3. Exclusions in the Policy
Life insurance policies often contain specific exclusions, such as death due to suicide within a specific period after the life insurance policy is issued, or death resulting from high-risk activities. When a death occurs under circumstances outlined in these exclusions, the insurer may deny the claim. Our team at the Law Offices of Jason Turchin has experience dissecting policy language and can argue on your behalf if the insurance company's interpretation is overly broad or unjust.
4. Contested Beneficiary Designation
Sometimes, multiple parties may claim the right to the life insurance proceeds, leading to disputes. These scenarios often occur when the policyholder has not updated the beneficiary designation after significant life events like divorce or remarriage. Our Florida life insurance dispute attorneys can guide you through the legal process of resolving such disputes, whether through negotiation, mediation, or litigation.
5. Delayed Claims
While insurers are typically required to pay claims promptly, sometimes beneficiaries experience unacceptable delays. These can be due to internal processing issues, disputes about the cause of death, or other administrative issues. When these delays cause financial hardship, the Law Offices of Jason Turchin can step in, pressing the insurer to fulfill their obligation and, when necessary, seeking additional compensation for the delay.
6. Employer-Provided Life Insurance Disputes
Disputes can also arise with life insurance policies provided by employers, particularly when employment status changes or when the company changes insurance providers. These policies may lead to an ERISA life insurance dispute. Our attorneys can help you understand your rights and advocate for you in any disputes regarding employer-provided life insurance benefits.
Navigating life insurance claims and disputes can be complex, especially during a time of grief. A Florida life insurance lawyer like the Law Offices of Jason Turchin can provide the guidance and representation you need to resolve these issues effectively and receive the benefits you are entitled to.
Whether you're faced with claim denials, policy lapses, contested beneficiary designations, or any other life insurance dispute, you don't have to go it alone. Contact the Law Offices of Jason Turchin at 800-337-7755 or visit our website at jasonturchin.com for a free consultation. Let us help protect your rights.