Denied or Delayed Life Insurance

When it comes to a situation that revolves around a denied or delayed life insurance claim, it can be difficult to know exactly where to start, and more importantly what to do in order to resolve any outstanding issues with your claim. While there can be a variety of reasons why a life insurance claim may be denied or delayed, however, most claims are denied based on “Material Misrepresentation.” This is a claim made by insurance providers that puts the policyholder at fault due to proving false or inaccurate information such as age, health history, lifestyle, or any additional personal facts that can nullify the policy.

 

While this process can be appealed, it can be costly, confusing, and stressful, it is best to consult an attorney to help guide you through the process.

 

Denied or delayed insurance claim, bad faith claims

By default, insurance companies are obligated to act in accordance with the law in good faith. This means holding true to every contract and paying out any claims that are legally bound by the initial contract. However, if you believe that your insurance company is trying to avoid paying out a claim where they are obligated by contract, the insurance company may be acting in bad faith.

 

Massachusetts Life Insurance Protections

The state of Massachusetts has implemented a variety of life insurance laws to protect individuals within the state. Chapter 175 (Title XXII) is the primary regulating force when it comes to life insurance in Massachusetts, however, some important rules to remember are:

  • “Free Look” Period

  • Readability

  • 30 Day Grace Period

  • Timely Payment of Claims

  • Reinstated Coverage

  • Benefits Guaranteed

    • This level of protection was established so that even if your insurer goes out of business you can work with the state to find some form of compensation.

 

Contact Attorney Bucklin Today!

If your insurance claim or a loved one is facing probate of the estate then it’s important to work with someone who can explain the process thoroughly to you. For help navigating probate of estates, you can call Attorney Andrew Bucklin at 781-632-8675 or contact him directly on his website.