Life insurance companies commonly employ “post-claim underwriting” if a policyholder dies within the first two years of coverage. What is post-claim underwriting? Can life insurance companies use post-claim underwriting to […]
Life insurance companies often delay payment on claims for death benefits if the policyholder’s cause of death is listed as “pending” on the death certificate. Is this legal? The answer […]
Many causes of death are excluded from coverage in life insurance. Is murder one of them? Acclaimed national life insurance attorney Chad G. Boonswang discusses what happens to the death […]
Power of attorney for insurance purposes can mean any of several different things. Renowned national life insurance attorney Chad G. Boonswang explains everything you need to know about power of […]
You would think that because you pay life insurance premiums, your beneficiaries will automatically get their payout if you die within the policy term. It is rarely that simple. Life […]
You’ve probably heard of the Contestability Period, which is the two years following the purchase of life insurance during which a life insurance company can contest the beneficiary’s rights to […]
The Grace Period for Life Insurance Policies Both policyholders and life insurance beneficiaries should know what the grace period is for making premium payments on a life insurance policy. Life […]
Both a will and life insurance transfer assets to the people the decedent designates. That said, they work in different ways and different laws govern each. This article outlines how […]
What is a vanishing life insurance premium? Is it a good thing? Perhaps, for some people. Learn about vanishing life insurance premiums from noted life insurance lawyer Chad G. Boonswang, […]
While it is not impossible to forge someone’s signature on a life insurance policy, it is highly illegal and there are safeguards in place to catch such instances. This article […]
Life insurance interpleaders are the legal actions filed when there is a dispute over who should be the beneficiary and receive the death benefit. Have you been served with an […]
Most life insurance policies exclude death related to illicit drug use from coverage and deny beneficiaries’ claims if the policyholder died from drug overdose. What about medicinal marijuana use? What […]
Can you appeal a life insurance claim denial? Yes! Are you a life insurance beneficiary whose claim was denied? This article will explain exactly what to do if your claim […]
Sometimes the way a loved one dies exacerbates the grief of friends and family members. Autoerotic asphyxiation can be one of those causes of death, but life insurance beneficiaries often […]
Life insurance policyholders are usually free to designate revocable beneficiaries and change beneficiaries anytime during the policy term, but there are some instances where a policyholder must designate an irrevocable […]
Alleged misrepresentation is one of the top reasons life insurance companies deny beneficiaries’ claims for the death benefits. Find out from the nations’ top life insurance lawyers what misrepresentation is, […]
Sometimes. It depends upon what state and federal law controls the life insurance policy and whether the policyholder was married in a community property state or not. Learn from the […]
Learn from the nation’s top life insurance lawyers where death benefits go when there is no life insurance beneficiary or the beneficiary predeceases the policyholder. If you are an heir […]
Stranger originated life insurance is frequently pitched as a way for older individuals to get a tax-free payout. The arrangement may be called an “estate maximization plan,” a “no cost […]
Find out how accidental death insurance works, what causes of death life insurance companies classify as accidental, and how to get the accidental death benefits paid in addition to the […]
Life Insurance Conversion Privilege What is life insurance conversion privilege, and how does it affect policyholders and their beneficiaries? Find out from the life insurance lawyers at Boonswang Law, who […]
A Guide to Handling Your Life Insurance Claim Denial Appeal You think you know how life insurance works – your loved one purchased a life insurance policy so that if […]
Can You Have Multiple Life Insurance Policies? Yes, you may purchase multiple life insurance policies. Many people who purchase life insurance purchase multiple policies for different reasons. Learn from the […]
Why Your Life Insurance Claim Takes So Long Usually life insurance companies take 30-60 days to process a beneficiary’s claim for death benefits, but often payouts get delayed. This article […]
Has Your Life Insurance Policy Been Rescinded? Find out from the experienced life insurance lawyers at Boonswang Law how a life insurance policy gets rescinded, and what to do if […]
Life insurance is a necessity for family and loved ones, but it is an often misunderstood topic. These misconceptions don’t reflect the actual role life insurance plays in the average […]
Is a Life Insurance Policy a Marital Asset? A life insurance policy may count as a marital asset, depending on what law or laws control the policy. Whether or not […]
Can You Sue a Life Insurance Company? In short, yes, you can sue a life insurance company. Life insurance lawsuits occur because life insurance companies refuse to pay claims or […]
How Long Does it Take to Get a Life Insurance Payout? You filed your life insurance claim – how long should you expect to wait to get your payout? What […]
The answer is yes. There are four circumstances under which you can file a lawsuit to collect life insurance death benefits. The life insurance company is unreasonably delaying payment of […]
Current spouses and often ex-spouses are often named life insurance beneficiaries by an insured. However, when they are not, there are circumstances under which they are still entitled to some […]
While almost any life insurance policyholder has the power to change their beneficiary designation at any time, a last-minute beneficiary change may indicate fraud, duress, or lack of competence. That […]
This article will explain the common ways in which life insurance companies underpay valid beneficiary claims for death benefits and the reasons why. If your claim is denied for a […]
The short answer is yes, a life insurance claim may be denied due to drug use, but you can fight it! Whether your denied claim for death benefits can be […]
Strict and complex state and federal laws govern employer-provided life insurance. Despite heavy regulation, the claims of beneficiaries of group life insurance are often improperly denied. Having represented thousands of […]
Life Insurance Misrepresentation defined by a national life insurance beneficiary attorney. Material misrepresentation is an untrue statement or omission that affects an insurer’s decision whether to issue a life insurance […]
The top national life insurance beneficiary lawyer sets forth the definition of Accelerated Death Benefit insurance and tells us how to get an ADB claim paid. What are Accelerated Death […]
If you are the beneficiary of a life insurance policy, and your life insurance claim was denied in COVID-related death, don’t take no for an answer. The life insurance attorneys […]
Can the life insurance company deny your claim because the insured used alcohol? The short answer is yes, claims for death benefits are frequently denied unfairly when alcohol is involved. […]
Unfortunately, one of the most common reasons insurance companies refuse to pay a life insurance claim is because the insured smoked, but did not disclose their past or current smoking […]
Here’s an explanation of the most common reasons a life insurance company refuses to pay a claim, how you can prevent your beneficiaries’ claims from being denied, what to do […]
How Does Life Insurance Work in New York State? If you are the owner or a beneficiary of a life insurance policy issued in New York State, this guide will […]
If your loved one died of COVID-19, and you are the named beneficiary of his or her life insurance policy, read this guide for problems to look out for and […]
The Boonswang Law Firm is pleased to announce that Chad Boonswang has been named one of America’s most honored lawyers of 2020. As one Ameirca’s most honored lawyers of the […]
How Does Life Insurance Work in Florida? If you are the owner or a beneficiary of a life insurance policy issued in the State of Florida, this guide will provide […]
If you or someone close to you contracted the coronavirus, filed an AD&D claim, and the insurer denied your claim, call us. If there is a way to get your […]
Chad Boonswang: Voted Top Rated Lawyer in 2020 The Boonswang Law Firm is pleased to announce that Chad Boonswang has been recognized as one of the top rated attorneys of […]
Life Insurance Beneficiary Lawyer to Help You If Your Life Insurance Claim is Denied due to COVID-19, the disease caused by the Coronavirus We are in the middle of a […]
What is an AD&D policy? Typically accidental death and dismemberment insurance (AD&D) is available as a rider to a life insurance policy or a health insurance policy. An AD&D rider […]
The answer is, maybe. Most life insurance policies contain a “war exclusion” clause, which specifically excludes coverage for acts of war like: Terrorism Revolution Military coup Insurrection Invasion Have you […]
Recently there has been a lot of successful litigation by beneficiaries of group life insurance policies provided by employers. In these cases, the insured either retired, quit, or was fired, […]
Sound familiar? It happens more often than one would think. If this happens to you or someone you love, don’t feel powerless – there is something you can do about […]
If a life insurance company is delaying payment of your claim, you may be owed interest. When an insurance company denies or delays your claim, they can continue investing the […]
If you are the owner or beneficiary of a life insurance policy issued in Texas, it is important to understand your rights under the policy as well as the specific […]
What happens when multiple people claim they each are entitled to life insurance benefits after the death of the insured? How does an insurance company determine who is entitled to […]
Lapse is one of the most common reasons life insurance claims are denied. When a life insurance policy “lapses,” it means that the policyholder or designated payor has not paid […]
Why would someone lie on their application for life insurance? Your life insurance company uses the information you submit through your application and medical questionnaire to calculate their risk that […]
Will a life insurance policy pay out for suicidal death? Perhaps. Whether a beneficiary can collect life insurance if the insured kills themselves will depend upon the timing of the […]
Do insurance companies cover felons and convicts? Can you get life insurance if you are a felon? Can you get life insurance with a criminal record? When deciding whether to […]
What happens to life insurance when you leave a job? Does your employer end coverage when employment is terminated? Not necessarily and not without notice. Read on to find out […]
What does it mean for a policy to lapse? When a life insurance policy “lapses,” it means that the policyholder or designated payor has not paid one or more required […]
Will insurance companies pay a life insurance claim for a death caused by drug overdose? It may, depending upon the circumstances of the death. If the insured died of a […]
Life Insurance Retained Asset Accounts Explained Retained Asset Accounts, also known as RAAs, are tools created by life insurance companies as an alternative to paying out a lump sum. You […]
Coping with the death of a loved one can be an emotionally taxing experience. While finances may be the last thing on your mind, understanding the basics of estates, trusts, […]
A trust is a financial entity created when an individual puts money or assets aside to be managed, invested, and distributed by a trustee. Trusts may assign an individual or […]
Yes. An insured should always name multiple beneficiaries on a life insurance policy. Why do you need more than one beneficiary on your life insurance policy? Read on to find […]
An insurance company acts in “bad faith” when it attempts to avoid its legal obligations to clients. Insurance companies engage in bad faith when they deliberately misconstrue or fail to […]
If you’re the beneficiary of a life insurance policy on someone who recently passed away, you may be wondering how the payout process works. What’s the typical time frame? What’s […]
People purchase life insurance policies to protect their families and dependents in the unfortunate event of their death. Life insurance policies are valid, legally binding contracts between policyholders and life […]
Can Life Insurance Companies Deny a Claim? At first glance, life insurance seems like a fairly simple process. The policyholder applies for insurance with a specified death benefit, and, after […]
When someone purchases life insurance, he or she must have an “insurable interest” in the insured. This means that the policyholder, i.e. the person who owns the policy and names […]
Can a Life Insurance Beneficiary Designation Be Contested? Yes, you can contest a life insurance beneficiary designation and you may be able to sue for life insurance proceeds. Common reasons […]
California Beneficiary Laws For the most part, the process of naming beneficiaries to a life insurance policy is the same across all states. In fact, unless prohibited to do so […]
Life Insurance Companies May Not Contact Beneficiaries After facing a loved one’s death, life insurance can help provide necessary financial security to pay for funeral expenses and supplement lost income. […]
Ideally, the death benefit on a life insurance policy is paid directly from the insurance company to the named beneficiary or beneficiaries. However, disputes frequently arise over who is rightfully […]
Waiting for a claim to be paid out can be a frustrating process. Generally speaking, claims should be processed and paid out within a month, but this is often not […]
Does a Life Insurance Policy have to go through Probate? Generally speaking, no. Usually, life insurance death benefits are paid out directly from the insurer to the beneficiary or beneficiaries […]
When taking out a life insurance policy, the policyholder aims to provide an extra layer of financial security and peace of mind for his or her loved ones. However, since […]
Life insurance is typically taken out to provide a secure, guaranteed pool of funds for a loved one in the event of the policyholder’s death, often used to compensate for […]
What is a Spendthrift Clause in a Life Insurance Policy? Let’s start with defining a Spendthrift Trust Provision A “spendthrift trust” is a form of trust meant to protect the […]
If all goes well and all documentation is in order, insurance companies should pay out on claims promptly. In most cases, the time from which the death certificate and necessary […]
Is the life insurance beneficiary deceased? What happens if the life insurance beneficiary dies first? A busy national life insurance attorney will explain what happens if the beneficiary of a […]
In short, the beneficiaries’ claims are more likely to be denied. A life insurance company is contractually obligated to pay the specified death benefit regardless of when the loved one […]
If there was a lapse in coverage, your claim will be denied. But don’t take no for an answer! Our life insurance attorneys have gotten many clients paid on lapsed […]
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The terms of your policy could be life-altering for your loved ones. Insurance is something of a mystery to many of us. What are the different kinds of coverage out […]
Boonswang Law Rated with Avvo’s Highest Score We are proud to congratulate our founder, Chad G. Boonswang, for receiving a perfect rating by our clients in 2015. Mr. Boonswang’s rating […]
Our very own Chad Boonswang has been recognized with the highest rating offered by avvo.com. Avvo.com is considered to be one of the preeminent […]
Unfortunately, it’s a common occurrence to find yourself in a situation where life insurance is not paying out. While this most commonly happens during the contestability period, denial do occur […]
