What Happens When a Life Insurance Policy Lapses
What Happens When a Life Insurance Policy Lapses When a life insurance policy “lapses,” it means that the policyholder or designated payor has not paid one or more required premium […]
Life Insurance Blog
How Does Divorce Affect the Beneficiaries of a Life Insurance Policy?
What does divorce mean for life insurance beneficiaries? Laws that govern divorce, also known as family law, vary from state to state. Beneficiaries of a life insurance policy may be […]
Does Life Insurance Cover Drug Overdoses?
Is a drug overdose considered an accidental death? Insurance policies will differ in definitions of “accidental death,” and state law handles definitions of ‘accident’ differently as well. Additionally, there is […]
Is It OK to Have Multiple Life Insurance Policies?
Can you have too many insurance policies? There is no law against having multiple insurance policies, life insurance or otherwise. The downsides to having multiple policies have to do with […]
Life Insurance Retained Asset Accounts Explained
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 […]
Financial ramifications of a loved one’s death
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, […]
What is a life insurance trust?
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 […]
Life insurance policies: converting term life to whole life
Term life insurance policies are temporary and provide coverage for a specified period of time. Term life policies are simple: the policyholder pays regular premiums in exchange for a death […]
Can you have two primary beneficiaries on a life insurance policy?
When taking out a life insurance policy, the policyholder must name one or more “beneficiaries” who will receive the death benefit if the insured passes away while covered by the […]
Bad faith in life insurance policies
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 […]
How do life insurance payouts work?
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 […]
5 most common reasons a life insurance company will deny a claim
Life insurance policies are supposed to protect families and dependents in the unfortunate event of a loved one’s death. Life insurance policies are valid, legally binding contracts between policyholders and […]
Misrepresentations and cause of death in life insurance applications
At first glance, life insurance seems like a fairly simple process. The policyholder applies for insurance with a specified death benefit, and, after he or she dies, the beneficiary or […]
When must an insurable interest exist for a life insurance contract to be valid?
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 […]
Challenging a life insurance beneficiary designation
When a policyholder passes away, his or her life insurance benefit is supposed to go to the named beneficiary, often a spouse, family member, or close friend. However, when multiple […]
Life insurance beneficiary rules in California
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 by law, anyone […]
How to find out if a deceased person had life insurance
After facing a loved one’s death, life insurance can help provide necessary financial security to pay for funeral expenses and supplement lost income. In most cases, when someone takes out […]
Can an interpleader take money from the winner of a contested insurance policy to pay court costs?
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 […]
Do life insurance companies have a statute of limitations on payments?
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 […]
Why would a life insurance policy need probate papers?
Generally speaking, life insurance is paid out directly from the insurer to the beneficiaries, without going through probate. This is because life insurance is considered separate from the policyholder’s estate, […]
When can an insurance company cancel a life insurance policy?
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 […]
Do you pay taxes on life insurance benefits?
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 provision?
Spendthrift trusts A “spendthrift trust” is a form of trust meant to protect the heir of an estate from creditors. A trust is created when an individual puts money aside […]
How long should it take for an insurance company to pay out on a life insurance claim?
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 […]
What happens to the benefits for a life insurance policy when the beneficiary is deceased?
What happens to the benefits for a life insurance policy when the beneficiary is deceased? When a policyholder passes away, his or her life insurance benefit is supposed to go […]
What happens if someone dies shortly after getting life insurance?
The purpose of a life insurance policy is to provide coverage in the event of a loved one’s unexpected death. The insurance company is contractually obligated to pay the specified […]
What happens if a life insurance policy lapses due to nonpayment of premiums?
When you buy a life insurance policy, the insurance company’s obligation to pay out is contingent upon whether you have paid your premiums. In other words, if you do not […]
How does divorce affect the beneficiaries of a life insurance policy?
When taking out life insurance policies, spouses commonly list each other as the “primary beneficiary,” or the person who will receive payment if the policyholder passes away. Divorce, however, can […]
The “They’re Better Off Without Me” Misconception: Life Insurance Claims and Suicide
When a family member or friend commits suicide, loved ones are left with a myriad of questions. Could I have helped him? Why didn’t she talk to me? Did he […]
60 Minutes Reports on the Life Insurance Industry
You’re Not Alone in Getting a Runaround… View More: 60 Minutes News|Live News|More News Videos
Boonswang Law Runs New Spot (video)
LIFE INSURANCE LAWYERS FIGHTING FOR YOU We are proud to share our new ad featuring information about how we help beneficiaries throughout the United States.
Quick Tips for Buying Life Insurance (video)
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 […]
Can You Appeal a Life Insurance Claim Denial?
The short answer is yes. A lawyer that specializes in life insurance claim denials can help you. Insurance companies will often stretch the law as far as they can when […]
Reasons Life Insurance Companies Deny Claims
It is profitable for insurance companies to do whatever they can to collect premiums and not pay claims. An experienced life insurance lawyer is familiar with the sorts of tactics […]
Our Founder Recognized with Avvo’s Highest Rating for 2015
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 […]
INSURANCE COMPANIES ARE COUNTING ON YOU NOT CONTACTING AN ATTORNEY
Many Beneficiaries Do Not Even Think of Contacting a Life Insurance Attorney. Congratulations on taking the first step towards fighting for your claim. There are enough beneficiaries out there that […]
DON’T FIGHT ALONE—YOU NEED A LAWYER FOR YOUR LIFE INSURANCE CLAIM
Life insurance is among those things that are purchased with the hope of never using it. Unfortunately, such a dream cannot be granted to everyone, and when such tragic event […]
ADVICE FOR HOLDERS OF LIFE INSURANCE AS THEY AGE (video)
As policyholders age, they must be vigilant about paying premiums. A lapse in payment can be a disaster for an older policyholder, resulting in denial of reinstatement, higher premiums, and […]
HOW CAN A LIFE INSURANCE LAWYER HELP? (VIDEO)
Life insurance companies are likely to ignore you if you are unhappy with their decision to deny your claim. Hiring a life insurance lawyer for your claim will get their […]
WHEN DO YOU NEED A LAWYER FOR YOUR LIFE INSURANCE CLAIM?
When you lose a loved one or someone in the family, everything seems to be falling down on you. Death in the family is something that’s very difficult to deal […]
3 Tips When Applying for Life Insurance
The death of a loved one is one of the most difficult experiences that a person will endure. Very often, we make arrangements to provide for our families in the […]
What is a Claim for Accidental Death and Dismemberment Benefits?
What is a claim for Accidental Death and Dismemberment Benefits? Accidental Death and Dismemberment (AD&D) is an insurance policy that pays benefits if the cause of death is an accident. […]
The Iron Lady Documentary
This 2011 documentary tells the story of an independent 83 year-old woman who was involved in an accident. The months following the accident would be among the most trying of […]
Danica Patrick: “Driving racecars is risky, not having life insurance is riskier”
Published 07/07/2016 ARLINGTON, Va.– Professional racecar driver Danica Patrick hopes she can motivate people to take a fresh look at their life insurance needs this fall when she serves as […]
Things You Need to Know About Slip-and-Fall and Premises Liability Claims
Things you need to know about Slip-and-Fall and Premises Liability claims “Slip and fall” is a term used for a personal injury case in which a person slips or trips […]
Introducing our sister site
Lifeinsurancelawyers.com A resource for when you have questions about your life insurance policy We have found that a large number of people simply do not understand their life insurance policies. […]
Chad Boonswang rated 10/10 once again by Avvo.com
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 […]
A Lapsed Policy Can Result in a Denied Life Insurance Claim
What You Need to Know About A Lapsed Life Insurance Policy and Your Claim Missing a life insurance premium payment on term life insurance can have devastating results for your […]
Life Insurance Attorneys Recommend Periodic Review of Life Insurance Coverage
Buying life insurance involves considering your own death because the purpose of life insurance is to provide for your dependents after you die. Perhaps that is why so many people […]
Life Insurance Attorney Answers Common Questions About Whole Life Insurance
One thing insurance agents, financial planners and life insurance lawyers agree on is that life insurance is necessary for people with spouses, partners and children who depend upon the insured’s […]
It’s No Accident: Life Insurance Lawsuits Over Cause of Death
Accidental death insurance policies cover causes of death that are unrelated to a person’s body. If the death can be connected to an illness or the policyholder’s physical condition, claims […]
Life Insurance Claim Denials: Can They Happen After the Two-Year Contestability Period?
Among the many myths and mysteries circulating about life insurance claim denials are two myths with exceptional staying power. One falsehood is that insurance companies will not pay benefits if […]
The Results of Life Insurance Application Errors
Most life insurance claims are paid in full when the claim is received. However, a few life insurance beneficiaries have to fight with the insurance company to receive payment. The […]
How the Pennsylvania Insurance Commissioner Website Can Help With Your Life Insurance Lawsuit
Trying to understand life insurance options and benefits information can be overwhelming. Navigating the claims process can be time-consuming and frustrating. If your claim is denied, deciding whether you need […]
When Does ERISA Apply to Your Life Insurance Claim Denial?
What is ERISA? The Employee Retirement Income Security Act of 1974 (ERISA) is an extensive federal law that governs employee benefits. The law was passed to protect employees’ interests in […]
Stranger-Originated Life Insurance
As any life insurance claim attorney knows, the purpose of life insurance is to provide for one’s dependents after one’s death. However, life insurance policies have also become an investment […]
Philadelphia Life Insurance Attorney Explains Viatical Settlements
Cancer, organ transplant, heart surgery, Alzheimer’s disease — these are scary, life-changing conditions that can dramatically impact your family’s quality of life. You can buy life insurance to provide for […]
Filing an Appeal for an Insurance Claim Denial
In the aftermath of a tragedy like the death of a spouse, a letter from a life insurance company can bring desperately needed financial assistance. The payout from a life […]
The Difference Between Term Life Insurance and Whole Life Insurance
Most people buy life insurance so that if they die, their families’ financial needs will still be met. The two most common types of life insurance are term life and […]
Is a Life Insurance Lawsuit Needed When Your Insurance Claim is Delayed?
Life insurance is supposed to protect loved ones in the event of a tragedy, such as the death of a parent or spouse. The insurance provides a financial cushion to […]
Philadelphia Life Insurance Attorney Answers the Question: Who Needs Life Insurance?
Do I need life insurance? Why? What kind? How much? Questions like these can keep people up at night, especially parents. The experienced life insurance lawyers at Boonswang Law provide […]
Philadelphia Life Insurance Claim Attorney Discusses How Much Life Insurance a Person Needs
Purchasing life insurance is something most adults with children know they need to do. However, making the purchase does not always happen. Or maybe the purchase is made, but the […]
Three Ways a Life Insurance Denial Lawyer Can Help You After the Loss of a Loved One
After losing a loved one, dealing with daily life can feel like an epic battle. If you have lost one of your parents, you may unexpectedly become caregiver to your […]
How Do You Name Children as Beneficiaries on Your Life Insurance Policy?
In a prior post, we discussed some of the problems that can arise when children are named as life insurance beneficiaries. This post discusses options for parents who want to […]
Why Some Lawyers Advise Against Naming Minors as Life Insurance Beneficiaries
Since life insurance is often purchased to provide for the needs of children, some people assume they should name their children as the beneficiaries of their policies. However, as well-meaning […]
How to Respond to a Life Insurance Claim Denial Based on Cause of Death
One way life insurance companies remain profitable is by limiting their risks. That is why the process of applying for life insurance can be so tedious, especially as the amount […]
Life Insurance Payout Denied: What Next?
Insurance companies deny thousands of life insurance claims a year. Many denials are decided quickly based on the information in front of the person processing the claim. However, the information […]
A Denied Life Insurance Claim Can Wreak Financial Havoc on Families
Most people buy life insurance to provide financial stability for their families upon their death. Considerations in determining how much life insurance to purchase often include how many dependents the […]
Was Your Life Insurance Payout Denied After the Contestability Period?
Life insurance is a contract between the insured and the insurance company. For a contract to be legally enforceable, both parties to the contract have to agree to the same […]
Five Reasons For a Denied Life Insurance Claim
You and your spouse responsibly planned ahead for what would happen if one of you were to die. You purchased enough life insurance to keep the house and take care […]
APPLYING FOR LIFE INSURANCE—WHY THE DETAILS MATTER
Flaws can cancel life insurance—after death. By Lisa Girion and Sandra Poindexter, LOS ANGELES TIMES American General Life Insurance Co. markets its policies as protection for “the hopes and dreams […]
LEARN THE INS AND OUTS OF BUYING LIFE INSURANCE
While life insurance isn’t fun to buy, it’s a critical part of many financial plans By Matt Krantz, USA TODAY Few people get a shopper’s high buying toilet paper, motor […]
How to Find Out If You’re the Beneficiary to a Life Insurance Policy
Ask the deceased policyholder’s accountant or financial planner. One of these people should know about any insurance policies. Also, contact the policyholder’s employer to find out if he had group […]
Get the Benefits You Deserve
When someone close to you passes away, there is so much to do and so much to think about. You are probably overwhelmed with grief and emotion, trying to stay […]
The Life Insurance Claims Process Made Easy
Navigating through the life insurance claim process can be like going through a minefield. The life insurance claim process can be riddled with delays or even denials calling for experienced […]
How Life Insurance Claims Work
It’s not uncommon for those with a life insurance claim to not know how to best proceed with it, or even how life insurance claims work, for that matter. Luckily, […]
Lawyers for Life Insurance Policies
Many people choose to take out life insurance policies, but when it comes time to pay out on those policies, not all insurers want to hold up their end of […]
Experiencing Denied Life Insurance Claims
Complete Compensation Denied life insurance claims are a common occurrence that happens to individuals and families requiring the assistance of the legal team at the Boonswang Law Firm in Philadelphia. […]
Lawyers for Life Insurance Claims will be by Your Side to Represent You
Life Insurance Policies Individuals and families purchase life insurance policies for many reasons, but often it is to provide financial security after the loss of a loved one. In many […]
Get Your Paid Life Insurance Claims
At Boonswang Law we are life insurance claim professionals and experts. We know all too well that sadly, even during a time of loss and duress, a time when receiving the life insurance benefit that the departed loved one purchased and paid for through their entire life, something can go wrong and the beneficiary not receive their award. This can especially difficult for a person or family that might have lost the sole breadwinner of their home, and need the money to simply survive. In such events, the life insurance attorneys at Boonswang Law are here to help to everything to ensure that they are paid life insurance claims due to them.
Hiring a Life Insurance Claims Lawyer to Fight the Battle for a Settlement
Delay in Receiving Money After the Death If you are experiencing a delay in receiving money after the death of a loved one, then hire a life insurance claims lawyer. […]
There are Legitimate Reasons Why Life Insurance Denied
Life insurance policies are purchased for many reasons, but one of the main reasons individuals purchase these policies is to provide death benefits for their loved ones. When an individual […]
Life Insurance 101
There are some things in life that, although unpleasant, are necessary to deal with, such as paying taxes or getting that annual physical at the doctor’s office. Life insurance is […]
Get Your Paid Life Insurance Claims
Life Insurance Claim Professionals At Boonswang Law we are life insurance claim professionals and experts. We know all too well that sadly, even during a time of loss and duress, […]
What to Know About Life Insurance Benefits and Life Insurance Policy Law
At Boonswang Law we are life insurance experts and know everything this to know about life insurance benefits and life insurance policy law. We are here to help during times […]
Life Insurance Claims Process
At Boonswang Law we are life insurance attorneys, professionals, and experts. We understand the different steps in claiming life insurance, and more importantly, we know exactly what to do if […]
Typical Life Insurance Benefits
Boonswang Law knows the importance of having a solid life insurance policy to protect your family and your loved ones. There is nothing more tragic that the untimely death of […]
Acquiring a Lawyer to Fight a Denied Life Insurance Claim
After the death of a loved one there is perhaps no greater stress than to be denied life insurance. After a life time of paying premiums it is nearly and […]
The Most Experienced Life Insurance Lawyer Professionals
At Boonswang Law Firm we employ only the best educated and trained as well as the most experienced life insurance lawyer professionals to ensure that we are fully armed to […]
Guiding You Through Your Life Insurance Claims
At Boonswang Law Firm we are licensed professionals specializing in life insurance claims, automobile accidents, premise liability, and medical malpractice. At Boonswang Law Firm our life insurance specialist attorneys are dedicated to the pursuit of obtaining justice for individuals and families who have had their life insurance claim delayed, or worse, denied. At Boonswang Law Firm we are highly rated insurance lawyers with long-standing and successful case histories committed to obtaining positive outcomes for each and every one of our clients.