Life insurance policies typically require ongoing premium payments to keep the coverage active. However, there are instances when premiums may not be paid on time, which can lead to the policy lapsing. If a policy lapses because the premiums weren’t paid, filing a life insurance claim becomes difficult. However, it’s still possible to win the…
Continue reading ›Navigating the process of claiming life insurance when there is no designated beneficiary involves understanding specific legal procedures and policies. Life insurance is meant to provide financial security to beneficiaries. When no beneficiary is named, additional steps are often required to access the funds. At the Law Offices of Jason Turchin, we assist clients with…
Continue reading ›Understanding the Standard of “True and Correct to the Best of My Knowledge and Belief” in Life Insurance Applications In life insurance, the application process plays a critical role in determining the terms of coverage and eligibility for benefits. One common standard that applicants encounter is the requirement to provide information that is “true and…
Continue reading ›Life insurance is meant to provide financial security to loved ones after the loss of a policyholder. Unfortunately, insurance companies don’t always make the process simple. A denied or delayed claim can leave families struggling with unexpected bills, funeral costs, and lost income. If your life insurance claim has been denied or disputed, you may…
Continue reading ›Life insurance policies can generally be divided into two main categories: those governed by the Employee Retirement Income Security Act of 1974 (ERISA) and private, non-ERISA policies. While both types provide financial protection to beneficiaries, the rules, protections, and claims processes often differ significantly. Understanding the key distinctions between ERISA life insurance policies and private…
Continue reading ›Life insurance benefits are often a crucial financial safety net for loved ones left behind. But what happens when there’s disagreement over who should receive the policy proceeds? Beneficiary disputes are more common than you might think, and they can delay payouts, create emotional strain, and, in some cases, lead to legal action. This guide…
Continue reading ›Life insurance is meant to provide a financial safety net for beneficiaries after the policyholder’s death. Unfortunately, in some cases, these benefits go unclaimed simply because the beneficiaries don’t know the policy exists or don’t know how to locate it. This can happen if the insured never informed their loved ones about the policy or…
Continue reading ›Life insurance policies are generally designed to provide financial support to your loved ones after you pass away. However, not every cause of death is covered. Understanding the exclusions listed in a life insurance policy can be crucial, as these can prevent your beneficiaries from receiving benefits if certain conditions are met. When purchasing a…
Continue reading ›Receiving a life insurance denial can be unsettling, but it’s important to remember that a denial doesn’t have to be the end of your claim. Many claims are denied due to procedural errors, incomplete documentation, or misinterpretations of policy terms—and these issues can often be resolved by filing a formal appeal. With a strategic approach,…
Continue reading ›Receiving a denial letter for a life insurance claim can feel overwhelming, especially if you were depending on the benefits to help secure your financial future. But a denied claim doesn’t necessarily mean the end of the road. With the right approach and a clear plan of action, many beneficiaries are able to successfully challenge…
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