Does a Divorce Decree Override a Named Beneficiary?
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 […]
Life Insurance Blog
What Happens to Life Insurance with No Beneficiary?
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
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 […]
How Life Insurance Companies Classify Accidental Death
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
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
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?
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
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Has Your Life Insurance Policy Been Rescinded?
Has Your Life Insurance Policy Been Rescinded? Find out from the experienced life insurance lawyers at Boonswang Law how a life insurance policy gets rescinded, and what to do if […]
16 Life Insurance Statistics & Facts for 2022 | Boonswang Law
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?
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
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?
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 […]
Can You Sue for Life Insurance Proceeds?
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 […]
Life Insurance Beneficiary Rules for Spouses and Ex-Spouses After Divorce
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 […]
Contesting Life insurance Beneficiary Last-Minute Changes
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 […]
Life Insurance Company Not Paying Full Amount?
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 […]
Can a Life Insurance Claim Be Denied Due to Drug Use?
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 […]
What You Need to Know About Life Insurance Waiver of Premium for Disability
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 […]
What is “Material Misrepresentation” in Life Insurance?
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 […]
What is Accelerated Death Benefit (ADB) 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 […]
Life Insurance Not Paying for COVID-Related 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 […]
Life Insurance Claim Denied Due to Alcohol Consumption?
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. […]
Life Insurance Claim Denied Due to Smoking?
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 […]
Life Insurance Company Won’t Pay Claim? Here’s What to Do When Your Claim is Denied
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, and what to […]
Life Insurance Beneficiary Rules in NY
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 […]
COVID-19 & Life Insurance Payouts [GUIDE]
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 […]
Chad Boonswang: One of America’s Most Honored Lawyers
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 […]
Life Insurance Beneficiary Laws in Florida: A Guide
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 […]
Is COVID-19 Covered By Your AD&D Policy? Maybe…
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
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 […]
Can a Life Insurance Claim be Denied Because of Coronavirus?
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 […]
Getting Accidental Death & Accidental Dismemberment Payouts
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 […]
Does Life Insurance Cover Acts of War or Terrorism?
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 […]
Beneficiary Problems with Employer Group Life Insurance
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, […]
AARP Life Insurance Claim Denied Due to Lapse – What To Do
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 […]
Delayed Payout? Life Insurance Companies May Owe Interest
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 […]
Life Insurance Beneficiary Rules: Texas
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 […]
Your Guide to Life Insurance Beneficiary Disputes
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 […]
What To Do When a Life Insurance Claim is Denied Due to Lapse
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 […]
What happens when there is false information on a life insurance application?
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 […]
Can You Collect Life Insurance if Someone Commits Suicide
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 […]
Can Felons and Ex-Convicts Get Life Insurance?
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 When Your Employer Terminates Your Group Life Insurance Policy?
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 Happens When a Life Insurance Policy Lapses?
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 […]
Does Life Insurance Cover Accidental Drug Overdose?
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
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 […]
Can you have two primary beneficiaries on a life insurance policy?
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 […]
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 […]
16 Reasons Life Insurance Won’t Pay Out
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 […]
Misrepresentations and cause of death in life insurance applications
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 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 […]
Contesting a life insurance beneficiary designation
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 […]
Life insurance beneficiary rules in California – 2020 Update
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 […]
How to Find a Life Insurance Policy After Death
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. […]
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?
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 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?
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 […]
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?
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 […]
What happens if someone dies shortly after getting life insurance?
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 […]
Was Your Life Insurance Claim Denied Due to Lapse?
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 […]
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 […]
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 […]
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 […]
Was Your Life Insurance Payout Denied After the Contestability Period?
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 […]