Delayed Life Insurance Claim Attorney

The death of a loved one is one of the hardest things a person can experience. Unfortunately, in addition to the emotional trauma associated with such a loss, family members of the deceased often face financial challenges. One such challenge can arise when a life insurance company delays payment on a policy. A delayed claim is a claim that goes unpaid following the submission of all necessary documents to the insurer.

If you have had your life insurance claim delayed following the death of your loved one, you don’t have to take on the insurance company alone. At Life Legal, our experienced and knowledgeable life insurance attorneys understand how difficult a life insurance delay can be. So, when you come to us for help, we will do everything in our power to ensure that you receive what you are owed. If you are ready to fight back and obtain what is rightfully yours, please contact Life Legal today.

Insurance companies delay claims for a variety of reasons. If you allow the insurance company to delay your claim indefinitely, the delay may become a denial. When an insurance company delays a claim, it must provide a reason for doing so. Common reasons for delayed life insurance claims include:

• The beneficiary on the policy is a minor: When an insured lists a minor child as the beneficiary of a life insurance policy, the insurer may delay the claim. This is often because a minor cannot receive the proceeds of a life insurance policy without a legal guardian to help manage funds.
• The life insurance policy was included in a will: A life insurance policy is a type of contract that is usually separate and distinct from a will. However, when a person includes a life insurance policy in his or her will, any discrepancies between the will and the policy can create confusion and result in life insurance claim delays.
• The beneficiary was not updated following a life change: When people experience major life events, such as marriage, divorce, or the birth of a child, they typically want to change beneficiaries on their life insurance policies. Sometimes, however, people forget to do so, resulting in several people claiming the right to policy proceeds. When this occurs, a claim will almost certainly be delayed while the insurance company prepares to file an interpleader action in court to determine the lawful beneficiary.
• The insured named a group as beneficiary: When a person names a category or group of people as the beneficiary of a life insurance policy, it can result in a life insurance claim being delayed.

If your life insurance claim is delayed, you must act as soon as possible. Often, insurance companies stall until they deny your claim. And if your claim is denied, it can take a significant amount of time to resolve your denied claim. Therefore, when it comes to delayed claims, time is of the essence. However, you shouldn’t act alone. Rather, to give yourself the best chance at success, you should contact an experienced life insurance attorney for assistance.

If you are facing a delayed life insurance claim, you need an experienced life insurance attorney on your side. At Life Legal, we will fight hard to help you obtain the compensation you deserve. Life Legal founding Partner Taylor Gerchman, is dedicated to providing assistance to those who require legal services related to life insurance, critical and chronic care benefits, accidental death and dismemberment insurance, and accelerated death benefits. When you come to us for assistance with your delayed claim, we will help you navigate the claims process while aggressively pursuing compensation on your behalf. With Life Legal on your side, you can rest assured that your delayed life insurance claim case is in good hands. So, if you have had your life insurance claim delayed, please contact us today to schedule a free consultation with one of our talented attorneys.