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 representation to get fair value. Some beneficiaries get stiffed because insurance companies are in business to make as much money as they can. That means collecting higher premiums while paying out lower amounts on claims. Others find payments delayed for no reason.
Families suffering due to a loved one’s death many times have grief compounded by unnecessary hassles or even financial distress due to unfulfilled claims. Enter Boonswang Law led by Chad G. Boonswang, former captain of the University of Pennsylvania golf team, now tireless top 100 litigation lawyer. He has recovered millions of dollars on behalf of clients involved in life insurance claims along with personal injury litigation, medical malpractice and products liability litigation. Boonswang and associates are so confident of putting on the best claim defense, they don’t take fees if the claim is denied permanently.
The life insurance claim process is supposed to work like this:
• People pay life insurance premiums in binding contract
• Beneficiaries are entitled to insurance payment upon policy holder death
• Insurance companies typically pay claims with 30 to 60 days of death
• Denied benefits can be contested for two years from policy effective date
Life insurance companies legitimately can deny benefits if the insurance applicant lied about a serious medical problem. However, insurance companies use this, and other, excuses, and even dirty tricks to deny, or delay, claims. Despite paying costly monthly premiums, policy holders can be denied through tactics like retroactively canceling policies with insurance companies escaping any penalty. This makes it important to have a law office that intimately understands the entire process and is prepared to do what it takes to recover beneficiary payments.
Boonswang Law concentrates on life insurance claims along with personal injury litigation, medical malpractice, product and workplace liability. Feel free to contact Boonswang Law with any questions or to schedule a no-obligation consultation by phone, e-mail or by filling in the easy to use online form.