After a loved one dies, contact the insurance company to lodge your claim. The insurance company, with luck, will process the claim without difficulty. If not, then immediately contact a life insurance claim lawyer.
There are common reasons why a life insurance company denies claims, including:
- Type of death not covered in policy (typically suicide)
- The death occurred within the “contestability” phase: this means that you died too soon. It allows the insurance company to investigate the death. Insurance companies assume that a terminally ill person lied on their application in order to get insurance coverage. It could just be a coincidence. Still, insurance companies will deny first and interrogate later. This is the time to hire an attorney.
- Failure to disclose important facts
- Failure to meet terms under the policy (typically unpaid premiums.