The Florida life insurance lawyers handle both delayed and denied claims.
People buy life insurance policies with the intention of making sure their family members are not left in dire financial conditions after the death. But when an insurance company denies or delays a legitimate claim, the beneficiaries may be left without any money. An already emotionally difficult time is often compounded by financial difficulties and stress over dealing with denied life insurance claims. When a claim is not paid and a dispute arises, the beneficiary will also have to face the complexities and stress of negotiations and possibly litigation.
In times like this, it is beneficial to work with one of our top-rated attorneys. If you are not sure if you can appeal your claim or if you can speed up your delayed life insurance claim, we offer a free case evaluation to see how we can help you. Our Florida life insurance lawyers can review your case and see what your legal options are, and offer you legal advice as to what you can do. Our FL bad faith lawyers are committed to helping beneficiaries recover their proceeds. We have the background necessary in insurance law to create effective strategies both in and out of the courtroom.
If a large company persuades you to take an inadequate settlement, you may not be able to take care of yourself and your family in the future. Contact our office immediately so we can assess your situation and help you get the full amount of your claim, which we almost always do.
Florida Life Insurance Law
Many clients whose claims were denied have questions whether the reason for denial is valid or legal. Life insurance law is very fact specific: every case seems to have a wrinkle that makes it different from a similar case. This is why it is important to contact an experienced Florida life insurance attorney who will review the facts of your case and will give you clear legal advice.
Often, prospective clients call us with questions about whether an insurer can deny a claim based on errors in an application. Under Florida law, a life insurance company can deny payment on a policy if it discovers a misrepresentation in the application that is material – that is, if the misrepresentation is meaningful to the underwriting risk. There is generally a two-year window after the policy is issued in which this type of denial is allowed. Afterwards, the insurer is required to pay the death claim.
Another common reason for claim denial is a lapsed policy. Generally, if the insured fails to make monthly premiums, the policy lapses or gets cancelled. In this case, a claim will most likely be denied. However, Florida law requires an insurance company to provide for a grace period of at least 30 days from the date of the missed premium. It means that the policy remains valid for at least 30 days after the missed premium payment and if the insured passed away during that time, the beneficiary is entitled to life insurance proceeds.
A life insurance lawyer can help you determine how to act when a claim is denied/delayed. If your claim has been denied or delayed, call our Florida life insurance lawyers for help. We have the experience you can trust.
If your claim has been delayed or denied, we can help.
Call us at 877-630-7628.