Many employers offer the benefit of life insurance to their employees. Life insurance allows a person’s family members to receive financial support if they pass on, and in some cases, their spouse or children may be covered as well. Depending on who the insurer is and what specific policies they have, a person’s close relatives can be financially covered through life insurance in the case that they suddenly lose their life.
Individuals who have signed up for life insurance often make the mistake of believing that if they are registered in such a program through their employer or another means, their relatives will receive their deserved settlement when the time arrives. However, this is not always the case. Life insurance policies may seem like they are straightforward but, in many cases, these relevant and legitimate claims are denied by the company.
Common reasons for which insurance companies deny a life insurance claim include:
- They claim the cause of loss of life is not covered by their policies
- They claim a premium was paid late or it was not paid at all
- They claim the loss of life was known beforehand as it was caused by a preexisting condition
Any of the above tactics and more can be utilized by the insurer to try and get away from paying the agreed amount to the grieving relatives. Since individuals are generally entitled to receive a large sum of life insurance, an insurer will usually do whatever they can to prevent a person from getting their entitled amount, since this is in their best interest.
This is very unfair, as insurers are expected to act in good faith according to the law towards their clients and not try and take advantage of them. A person should connect with a legal expert to get advice on what steps they should take next to make sure they are appropriately compensated.
Acting fast is necessary when filing a life insurance claim in Alabama
Anyone who wants to get access to life insurance benefits must act fast, usually within 2 months. If they take too long the insurer will have another reason to try and deny their claim.
A person should get in touch with an insurance attorney to help them claim the life insurance that they rightfully deserve. Ideally, a person should have a legal professional on their side when they are registering for the program as well since it can often be exceedingly difficult to discern what the policies are implying. If a person wants to make sure their family members benefit from the program then they should ascertain they have registered for the right one, to begin with, and the best way to do this is through the help of a legal professional.