Life Insurance Claim Denied? We’re Here to Help. If you are a beneficiary of a life insurance policy and your claim has been denied by the insurance company, it’s crucial to have a lawyer review the policy and explain your legal options. At Advocai, our Toronto-based life insurance lawyers are dedicated to helping you secure the compensation you deserve, even if your claim has been denied.
Losing a loved one is painful. Being forced to fight with your life insurance provider on top of that can feel totally overwhelming. Life insurance is designed to provide you with financial relief when you need it the most and having it denied feels like a betrayal of the insurance company’s duty of good faith.
Why Was Your Life Insurance Claim Denied?
Understanding why your claim was denied is the first step in evaluating potential legal action. Insurance companies deny life insurance claims for various reasons, including:
- Misrepresentation: The insurer claims that there was inaccurate information given in the life insurance application. This is the most common reason for an ongoing life insurance denial. Typically this involves allegations that the person who took out the policy failed to disclose a pre-existing medical condition(s), life-style factors like smoking or other important information that would impact whether the insurer would have agreed to write the policy in the first place. These misrepresentations may be intention or unintentional on the part of the person taking out the policy.
- Policy lapse: This usually happens when the life insurance holder misses payments or the insurer fails to record the payments properly.
- Cause of Death Exclusion: Some causes of death can be excluded in the terms of the policy. The most common exclusion is for death by suicide, however, other exclusions include travel to war zones, death during the commision of an illegal act or reckless endangerment (ie. street racing).
- Allegations of Fraud: Life insurance companies can allege that a person is intentionally providing false or misleading information in order to get the benefit of the policy. This can include allegations of lying about the cause of death or staging/faking a death.
- Issues with Beneficiaries: Claims can also be denied for issues surrounding the naming of beneficiaries as well as the death of beneficiaries.
How Advocai Can Help
Facing a denied claim can be a daunting situation. At Advocai, we take a compassionate approach to our clients so that they can have peace of mind while we handle their litigation and the stress that can come along with it. We’re committed to fighting to ensure that you get the benefits you deserve.
The first step is to contact us for a free consultation where we will discuss the basics of your case. We will then carefully examine the denial letter and any other correspondence from the insurer; gather additional evidence; and build a strong case on your behalf. We pride ourselves on effective communication so that claims move as efficiently as possible and clients are always in the loop.
Ready to find out more?
Contact us for more information about our services and to discuss your claim.