California Life Insurance Lawyers
The Life Insurance Beneficiary Firm
Why You Should Hire An Experienced Life Insurance Lawyer in California
If you’re dealing with the death of a loved one, dealing with insurance companies probably isn’t something you want to think about. After all, filing a claim to receive death benefits isn’t always as straightforward as it may seem.
If you’ve filed your life insurance claim and your payout is being delayed or your life insurance claim was denied, contact us right away. We know all of the reasons the life insurance companies use to unfairly delay or deny claims, and we will help you fight back.
Boonswang Law is proud to serve beneficiary clients throughout California with a dedicated team of life insurance lawyers ready to help you. We’ve helped people who live in and near the following cities:
Common Reasons Life Insurance Claims Are Denied in California
Just because someone has a life insurance policy doesn’t mean that their beneficiary will automatically receive death benefits after their death. There are several legal reasons in California why an insurance policy can and do refuse to pay death benefits.
- Improper Documentation: When the insured passes away, the life insurance company will want to see some sort of official proof. Refusing or failing to submit these documents could result in your claim being denied. Insurance companies will typically accept documents such as a certified death certificate, an obituary, or a bill from the funeral home.
- Missed Premium Payments: Life insurance policies generally require that a premium is paid each month in order to maintain coverage. Failure to pay that premium can cause coverage to lapse, resulting in any subsequent claims being denied.
- Policy Exclusions: All life insurance policies have things that are considered exclusions which means that the policy may not cover certain causes of death. For example, suicide is typically disqualified as a covered reason in a life insurance policy. If the policyholder’s death circumstances are excluded in the policy, the insurance company does not legally have to distribute death benefits.A life insurance lawyer can help you understand what is excluded or covered in a policy. Call Boonswang Law today to set up a free evaluation for your case.
- Insurance Fraud: Life insurance fraud can occur in many forms. Things like faking death, killing a covered person in an attempt to collect benefits, or making changes to a policy you don’t own are all considered life insurance fraud. Not only can fraud nullify the life insurance policy, but the persons responsible for the fraud could face serious legal consequences.
What to Expect When You Hire an Experienced California Life Insurance Lawyer
If you’ve never worked with a life insurance lawyer in CA you may be unsure about what you can expect. The good news is that there are lots of benefits to hiring Boonswang Law instead of trying to handle your life insurance claim on your own. Below are some of the many ways we can and will assist you:
- We review the terms of the policy and explain coverage and exclusions
- We investigate why your claim has been denied
- We investigate the cause of death of the insured and whether the denial reason used applies
- We follow up on any delayed payouts
- We settle disputes over incorrect payout amounts
Let’s face it – life insurance companies only make money for their shareholders when they DON’T pay claims. For this reason, many valid claims are unfairly denied, or payout is delayed in order to collect interest on money that is yours. Let us help you fight back.
Frequently Asked Questions About Life Insurance and Life Insurance Claims in California
What Can Prevent A Person From Qualifying for Life Insurance in California?
Laws prevent insurance companies from denying people coverage because of race, religion, religion, gender, etc. Still, there are lawful reasons why a life insurance company can deny someone a policy in California. Certain pre-existing medical conditions, dangerous hobbies, and reckless driving history are all things that could result in a person being denied a life insurance policy.
How Long Does it Take to Get a Life Insurance Claim Paid in CA?
On average, it can take a life insurance company between 30-60 days to process a claim. If you are the beneficiary of a life insurance policy, you should try to file your claim as soon after the insured’s death as possible. Working with a CA life insurance lawyer can ensure that your claim is filed timely and correctly.
What Happens When A Life Insurance Claim Is Denied?
If your life insurance claim was denied, the life insurance company will send you an explanation letter. You will then have the opportunity to contest the claim denial.
Hiring an experienced CA life insurance lawyer is highly recommended to assist you in disputing a denied claim. An experienced life insurance lawyer will know how to navigate the situation to improve your chances of getting the money you deserve.
What Happens When a Minor is Listed as the Beneficiary of a Life Insurance Policy?
There may be instances where the beneficiary of a policy is under 18 when the policyholder dies. A California court will usually appoint a custodian to oversee the minor’s death benefits in these cases. Policyholders can also appoint a custodian. Unfortunately, however, not much can be done to stop the custodian from dipping into the minor’s inheritance for their personal benefit. If a minor must be named as the beneficiary, it is best to set up a trust and designate the minor the beneficiary of the trust. We suggest working with an estate planning attorney who can help you understand the legalities of setting up a trust.
How Will I Know if My Loved One Had A Life Insurance Policy?
There is no nationwide database that lists every single life insurance policyholder. If you’re unsure whether your loved one had a life insurance policy, there are a few things you can do. If possible, contact their employer to ask about benefits, look through paperwork for life insurance documents, or review bank statements to check for evidence of paid life insurance premiums.
Keep in mind: if you are the beneficiary of a life insurance policy, it is your responsibility to notify the insurance company that the policyholder has died.
Can I Share Life Insurance Benefits with my Siblings?
In some cases, an insured may only list one of their children as a beneficiary on a life insurance policy. The beneficiary won’t be able to add any additional beneficiaries to the policy, but there are no rules against them sharing the death benefits once they are received.
Can Death Benefits Be Contested If the Beneficiary Was Changed Recently?
Yes, if there is suspicion that the change was made fraudulently or under duress.
Every policyholder is allowed to change beneficiaries while they are alive as long as they are of sound mind and not under duress. As a result, last-minute changes are usually not easy to contest unless you can prove that these changes were made fraudulently.
Irrevocable beneficiaries, however, are the exception. This status is typically given to spouses and children. Divorce or estrangement cannot change this status. An irrevocable beneficiary must consent to all policy changes that affect their benefits. Some policies will require them to approve all changes.
If an insurance company says you were removed as an irrevocable beneficiary from a life insurance policy, this change can most likely be contested.
Can I Still Receive Death Benefits if the Insurance Policy Has Lapsed?
Perhaps. If the life insurance policy you are the beneficiary on lapses, you may still be able to receive death benefits. Each situation is different, so it’s best to talk to a California life insurance lawyer so they can directly address the specific policy in question.
Can The Beneficiary on a Life Insurance Policy Be Changed After the Insured’s Death?
No. The policyholder generally is the only person who can make changes to the policy. Exceptions are sometimes made for people who have power of attorney. Any paperwork showing that the beneficiary has been changed after the insured’s death is fraudulent.
Contact Boonswang Law if you believe that someone is attempting to scam you out of your death benefits.
Can A Spouse Contest A Life Insurance Policy?
Yes. There can be some confusion over who is entitled to what when an insured gets remarried. A life insurance lawyer can help you understand your rights as the deceased’s spouse or former spouse.
Call the California Life Insurance Lawyers at Boonswang Law Today
If the thought of dealing with life insurance-related issues has you feeling overwhelmed, please know that you don’t have to deal with them alone. We have helped many California life insurance beneficiaries in your position get the benefits the insured intended them to receive. Call Boonswang Law today at (855) 865-4335 to set up a free consultation.