Insurance Denials/Bad Faith Information, News & Blogs
What to Do if an Insurance Company Contests Your Claim
If you’ve filed for life insurance benefits and the company denies your claim, it’s important to know that you do not have to take that rejection at face value. Life insurance companies might look for any possible reason to deny a claim, even if it’s not fully supported by the policy, the facts, or… Read More »
Health Insurance Claims: Do Pre-Conditions Affect Your Claim?
Pre-existing conditions have been the bane of individuals looking for health insurance coverage for decades. If an insurer found out that you were pregnant, were diagnosed with cancer or diabetes, or otherwise had some condition likely to result in future medical treatment, you could be left without any options for insurance coverage.
Farmers Insurance Appeals $5.7M Bad Faith Judgment
Farmers Insurance Appeals $5.7M Bad Faith Judgment Attorney Robert Gianelli was recently featured in an article published on the legal news, information and blog website www.LawCommentary.com. The article described a $5.7 million judgment levied against Farmers Insurance Company for bad faith conduct after the company refused to cover the full value of its policyholder’s… Read More »
What Happens When Someone Dies With a Pending Life Insurance Application?
Life insurance is an invaluable legal and financial tool for many families. Life insurance guarantees that your family will receive financial assistance in the event you should pass away. Life insurance companies, however, are in the business of collecting premiums, not paying out benefits; if there are grounds to deny coverage for your claim,… Read More »
Insurers May Not Rescind Policy Based on Ambiguous Question in Application
Insurance providers often look for grounds to “rescind” a policy based on alleged misstatements in the original application for coverage. It’s an underhanded tactic, because insurers often wait until the policyholder has filed a claim before going back and scrutinizing the application for possible misstatements. What if a question in the application was ambiguous?… Read More »
Were You Denied Proton Beam Therapy by the Insurance Company to Treat Your Cancer?
Proton beam therapy has become increasingly popular as a form of cancer treatment, but because it costs more than standard radiation, insurance companies routinely refuse to cover it. Often, insurance companies have policies in place classifying proton beam therapy as experimental or investigational. Based on these policies, insurers issue blanket denials of coverage requests… Read More »
What if the Insured Party Died During the Life Insurance Grace Period For Policy Lapse?
One of the most common justifications for denying life insurance benefits is that the policy lapsed due to nonpayment of premiums. Insurers have the right to terminate policies that have gone unpaid for a sufficient period. Policyholders and beneficiaries, however, also have rights, including the right to a grace period before policy lapse. What… Read More »
What Happens if There Aren’t Any Beneficiaries on a Life Insurance Policy?
Life insurance is typically very straightforward: The insured party dies and the policy benefits are paid out to the beneficiaries identified on the policy. Things can quickly become more challenging when it’s not clear to whom the benefits should be paid. What if there are no beneficiaries listed, or none of them are available?… Read More »
Lapsed Life Insurance Coverage: Things You Should Know
One of the most common reasons life insurance coverage is denied is that the policy lapsed due to nonpayment of premiums. For insurance companies, it’s a win-win: They collect premium payments for years, terminate the policy after a few missed payments, and then they can refuse to pay out on a policy when the… Read More »
Can a Life Insurance Company Deny a Claim Due to Excessive Alcoholic BAC?
It seems life insurance companies can look for any possible reason to deny claims to maximize profits and minimize payouts. Many policies include lesser-known provisions that exclude coverage in certain circumstances. For example, insurers sometimes exclude coverage for self-inflicted harm. Can insurers deny coverage if the insured party was intoxicated at the time of… Read More »
