Was Your Life Insurance Claim Denied by Voya/ReliaStar?
The life insurance denial lawyers at Gianelli & Morris are ready to fight for you!
Big insurance companies like Voya (also known as ReliaStar) are concerned first and foremost with one thing: profits. They’re in the business to collect premiums, not pay out on claims. Life insurance companies are on the lookout for any reason they can drum up to deny your life insurance claim. When your life insurance claim is denied by Voya or ReliaStar, you may have the right to push back. In order to fight back, however, you need to follow certain administrative rules and deadlines.
That’s why it’s so important to reach out to a seasoned life insurance claim denial lawyer as soon as you find out your claim has been denied. Voya and other insurance companies are betting that policyholders and beneficiaries will take a denial at face value and simply let the claim go, or that they will try to appeal the denial on their own without building the proper legal case. At Gianelli & Morris, it’s our job to make sure that Voya/ReliaStar pays you what they owe. We know how insurance companies work, we know what evidence matters in appeals and insurance claim lawsuits, and we know how to see through their tricks. We hold insurance companies to task for wrongful claim denials and other insurance bad faith conduct.
If you are entitled to life insurance benefits, we’re here to fight for you.
Who is Voya?
Voya Financial is a massive, Fortune 500 financial services company with subsidiaries dealing in retirement plans, investments, and insurance products. The publicly-traded company earned $7.8 billion in revenue in 2020. In 2019, Voya moved from providing individual and group life insurance to focusing solely on group life insurance plans for mid-sized and large companies. In the process, Voya offloaded subsidiaries that focused on individual life policies including Security Life of Denver Insurance Co. and Midwestern United Life Insurance Co.
Voya’s life insurance products are provided by ReliaStar Life Insurance Company and ReliaStar Life Insurance Company of New York.
Why Does Voya/ReliaStar Deny Life Insurance Claims?
Voya/ReliaStar will look for any excuse to deny a life insurance claim. Policyholders and beneficiaries must understand that, just because Voya/ReliaStar says that there are grounds to deny a claim, that does not make those grounds valid. Life insurance companies have to defend their justifications for denial, whatever the basis may be.
The life insurance denial attorneys at Gianelli & Morris are well-versed in the kinds of justifications relied upon by Voya/ReliaStar in denying life insurance claims. We know how to counter arguments that a life insurance claim should be denied based on, for example:
- Excluded cause of death such as preexisting condition
- Failure to pay policy premiums leading to policy termination
- Lack of evidence supporting the claim
- Involvement of a beneficiary in the death of the insured party
- Policy rescission based on misstatements in the initial life insurance application
Regardless of the stated grounds for denial, you are due certain processes, and you have the right to fight back. You may be able to prove your claim with additional evidence, contest the cause of death, or fight back against policy lapse or rescission. Remember: Voya/ReliaStar owes you a duty of good faith and fair dealing. They must investigate your claim fully and properly before issuing a denial, and if you prove their justification for denial was invalid, they have to pay you what they owe. The life insurance denial and bad faith insurance attorneys at Gianelli & Morris are ready to help you get the benefits you are due.
Reach Out to the Insurance Denial Attorneys at Gianelli & Morris After a Claim Denial by Voya/ReliaStar Insurance
If someone you love has passed and your life insurance claim has been denied by Voya, ReliaStar, ReliaStar of New York, or another life insurance company, contact the talented, veteran Los Angeles insurance denial lawyers of Gianelli & Morris for a no-cost evaluation of your claim at 213-489-1600.