Insurance Denials/Bad Faith Information, News & Blogs
Denied Claim Due to Policy Lapse: What to Do
Insurance companies are more than happy to collect policy premiums for the entire life of a policyholder and then terminate the policy just when the policyholder actually needs it. This is especially true in the life insurance industry: When people get injured or elderly, they often forget to pay their bills. The insurance company… Read More »
Does an Insurance Company Need to Deny a Claim to Be Liable for Bad Faith Damages?
Insurance companies are beholden to the policies they issue as well as to state and federal law. If a policyholder makes a valid claim under the policy, the insurer must pay out coverage in accordance with the policy terms. If an insurer refuses to pay, the beneficiary or policyholder can file an appeal and,… Read More »
How Insurers Are Able to Deny Legitimate Life Insurance Claims
Life insurance companies make their money by collecting premium payments, not by paying out on claims. This can lead them to look for any justification to deny a claim–whether that reason is justified or fabricated. Under certain circumstances, an otherwise legitimate claim can be legally denied. However, even if the life insurance company rests… Read More »
Top Ways Insurers Commit Bad Faith in Denying Insurance Claims
California law requires insurance companies to engage in “good faith and fair dealing” when evaluating policyholder and beneficiary claims. Insurance companies that violate the notions of good faith and fair dealing by engaging in underhanded tactics in order to deny or undervalue claims are liable not only for the amounts due under the policy… Read More »
Who Can Sue and Who May Be Sued for Bad Faith Insurance?
Insurance companies are notorious for putting profits over people. Just about every major insurance company has been sued or otherwise complained about for rejecting valid claims, unjustifiable delays, bullying policyholders, paying less than the value of the claim leaving the policyholder responsible for paying the balance of claims to providers, and other unscrupulous conduct…. Read More »
Life Insurance Companies Take Advantage of Public Servants, Deny Coverage
Employees of a private company or public entity typically rely on their employer to provide insurance coverage. Government employment, in particular, is sought-after specifically because of the insurance benefits. Unfortunately, public entities are not always the best advocates for their employees. Insurance companies have been known to offer sweetheart deals to public employers to… Read More »
Tips to Appeal a Standard Life Insurance Company Claim Denial
Standard Insurance Company, a.k.a. Standard Life Insurance Company (Standard Life), is a massive insurance company that provides policies covering more than eight million people across the country. As we’ve discussed in the past, Standard Life has a history of wrongfully denying life insurance coverage in California and elsewhere. If you have had your life… Read More »
Avoiding Life Insurance Denials: How Are You Responsible for Providing What Insurance Company Wants
Life insurance companies like Standard Insurance Company care first and foremost about protecting their bottom line. They look for any reason to deny coverage. When you file a claim for life insurance, it’s up to you to close any gaps and avoid giving them an excuse to reject your claim. Unfortunately, that means you… Read More »
Accidental Death Insurance Denial: What to Do if Your Claim Was Denied?
Accidental death and dismemberment insurance is a helpful supplement to a standard life insurance policy. Like other insurance claims, however, accidental death claims are often subject to denials for improper reasons and unjustifiable interpretations of the facts and the policies. Below, we discuss accidental death claims and what to do if your claim was… Read More »
Insurance Policy Lapsed Prior to Insurered’s Death
Insurance companies often deny life insurance claims because a policy has lapsed for nonpayment of premium before the policyholder dies. If, however, the insurance company did not comply with California’s laws on giving notice of nonpayment, the policy remains in force and any death claim that may arise must be paid. It is not… Read More »
