Despite its inevitability, death still gets us by surprise, more so when it’s the death of a loved one. It causes incredible pain and trauma for the people left behind. The worst-case scenario is if the lost loved one was the primary source of livelihood for the family.
The good news is with life insurance, you can help lessen the impact of your absence. Life insurance is a way of ensuring that your loved ones are taken care of when you are gone. It can also be of great convenience in cases of terminal illness or accidents that may leave you incapacitated.
On many occasions, receiving adequate insurance coverage is not as straightforward as it should be. You might experience your claims being delayed or denied for legal reasons that might not be obvious to you. The insurance company will not pay the claims if they think they can get away with it.
In this case, engaging an attorney to represent your claim might be your only solution.
When hiring an attorney, make sure that they take your case in contingency to improve your chances of success and not incur losses if the case is lost.
Here are 5 ways a life insurance attorney can help with your claim.
1. Establish Conditions of Denial of Your Claim
Sometimes insurance claims are denied and you may not be aware of the reasons for the denial of your claim.
A life insurance attorney has the legal knowledge and experience to determine whether your claim was rightfully denied. Hiring a life insurance attorney will help you to understand the conditions that led to the denial of your claim.
You must engage with a life insurance attorney before your claim is denied as it could be almost impossible for an insurer to change their position once the decision has already been made.
However, with evidence, an attorney can help to overrule the decision of the insurer. They can appeal for the denied claims on their clients’ behalf.
2. Identify a Fair Settlement
An insurer may attempt to reduce the amount claimed or deny it altogether. Claiming your life insurance is not easy without legal advice.
You need a representative that is well versed in the legal field and legal terms to help you get a fair share of what you deserve. This is where a life insurance attorney steps in.
A life insurance attorney will help you fight for your share.
Disputes are common and they can arise among the beneficiaries of the life insurance policy. The insurance provider might take this as an opportunity to either deny the claim or give less than the fair amount that is supposed to be issued.
In such a scenario, the beneficiary parties should solve their issues among themselves with the help of an attorney before approaching the insurance company.
3. Sue Insurer for Denied or Delayed Insurance
Insurance companies are in business and will try all sorts of tricks to try and undercut the payout. But most people are not in a good position to make the claim in person or understand the reasons behind the insurance provider’s reluctance to pay out the money.
A life insurance attorney will assist you in legally suing the insurer and get your claim the way you deserve it.
Suing the insurer through a life insurance attorney helps in collecting wrongfully delayed or denied insurance claims. They best understand complex insurance matters and offer qualified counseling and representation for you.
The attorney will gather investigative facts and history to find evidence for your claim.
4. Forcing Compliance Against Insurance Companies
A court settlement is a long, expensive and tedious process that no one wants to get involved in.
When a life insurance attorney threatens to take the insurer to court, they might be compelled to give their dues to avoid the hassle of a court battle. Doing it alone will not be simple if you do not understand the legal terms involved.
However, a life insurance attorney will save you the time you would take to understand how the legal system works.
Moreover, many insurance companies will take advantage of you if you are not legally represented. They will bank on making a low quick offer with the hope that you will be seduced by the money and move along without getting what you truly deserve. But a life insurance attorney on your side will greatly improve your odds of getting a fair claim.
5. A Life Insurance Attorney Boosts Your Chance of Success
An experienced attorney will evaluate your claim by asking a series of questions that will help determine whether the case is worth pursuing. If you do have a solid case, the attorney will use their expertise to help you push the claim along to spare you from the frustration of doing it on your own.
Attorneys help you overcome insurance company practices when dealing with claims. After analyzing your policy claim, an attorney will help strategize and organize the way forward for your claim. They will also help you to gather evidence to support your claim.
Do You Need a Life Insurance Attorney?
An insurance policy should be obvious and straightforward but claiming the insurance policy once it has matured is often everything but.
Life insurance should not be a hassle considering the reasons for the claim. However, most insurance companies lack empathy and are in the business of making sure that they save as much as possible from your claims.
But a life insurance attorney understands the sensitive nature of the claim and will work diligently with their clients so they can get what they deserve. An attorney can also help you review the terms of your policy before you make any commitments.
All in all, hiring a life insurance attorney for legal representation is the best way to go about the entire process. So, make sure you hire the right one for your needs.