Many life insurance claims are unfairly denied by insurance companies trying to avoid payouts. If your claim was denied, Henson Fuerst can help you fight for the benefits you deserve. Call us today for a free consultation.
A standard technique that insurance companies will use to avoid paying out policy benefits involves failing to notify a beneficiary that a deceased loved one owned a life insurance policy. In many cases, the insurance companies are aware that a policy-holder has passed away but deliberately ignore evidence in their files to avoid paying out the benefits they owe.
If the policy’s beneficiary never comes forward to request their benefits, the insurance companies will cancel the policy and keep the profits for themselves. Recent investigations revealed that this fraudulent practice could impact millions of life insurance policies throughout the U.S.
Don’t let your loved one’s life insurance policy benefits go uncollected. 25 life insurance companies have already settled cases worth a total of $7.5 billion in unpaid benefits. Another 35 companies are still under investigation.