We purchase life insurance to protect and provide for those we love. After the death of a policyholder, the beneficiaries of a life insurance policy may suffer another loss that can be financially devastating. The life insurance company may deny or dispute payment of the life insurance policy.
Are you involved in a life insurance coverage dispute or claim denial? Did the insurance company rescind the policy or argue that the coverage lapsed? Don’t take “No” for an answer without first speaking to an attorney who is dedicated to protecting the rights of life insurance policyholders and their beneficiaries. Contact Thomason and Pracht, LLP in Anderson, SC today.
An Incentive to Deny
Because insurance companies make more money when they deny claims, they often look for any opportunity to delay or deny life insurance coverage. They may accuse the deceased policyholder of fraud or misrepresentation, examine the application in an attempt to retroactively rescind or cancel the policy, or look for improper policy exclusions that would allow them to deny the claim.
In some cases, insurance agents or brokers misrepresent the facts on an application, either accidentally or sometimes just so they can make a sale. If a negligent agent or broker is responsible for your life insurance coverage dispute, we can help.
Thomason and Pracht deal with insurance companies on a daily basis and are here to help you. If you have been unjustly denied payment of life insurance benefits, we can help you obtain the appropriate remedies, including obtaining your benefits, consequential financial damages, emotional distress damages, attorney’s fees and, where insurer conduct is egregious, punitive damages.
With our office being in Anderson, South Carolina, Thomason and Pracht, LLP is ready to serve you. Call us today