Are You a Beneficiary in an Allstate Life Insurance Company Claim?
Allstate is in a very aggressive position to its policyholders. Some former employees have reported: “According to CEO Thomas Wilson, Allstate’s mission is clear: ‘our obligation is to earn a return for our shareholders.‘” Unfortunately, that dedication to shareholders has come at the expense of policyholders. The company that publicly touts its “good hands” approach privately instructs agents to employ a “boxing gloves” strategy against its own policyholders.
In the words of former Allstate adjuster Jo Ann Katzman, “We were told to lie by our supervisors – it’s tough to look at people and know you’re lying.” (Recent AAJ report).
In cases like these, and countless others, the name of the game is deny, delay, defend – do anything, in fact, to avoid paying claims. For companies like Allstate, there are corporate training manuals explaining how to avoid payments, portable fridges awarded to adjusters who deny the most claims, and pizza for parties to shred documents.
Allstate liable for $22 million to insured party for bad faith in Hennessy v. Allstate Insurance – this is what can happen when a company delays and denies claims.However, you must realize that it takes the skill and relentlessness of an experienced, expert lawyer like us to get a verdict like this.
Have you suffered the unexpected loss of a loved one, only to have a claim for life insurance benefits delayed, or denied?
Do you get the feeling that the life insurance company is doing everything it can to avoid paying the claim? Has the life insurance company sent you a letter stating that they are rescinding the policy, making a rescission, or just sending back the premiums paid? Especially if your loved one had the policy for less than two years before passing away, the life insurance company can become very aggressive at seeking to avoid the policy payment. Rescission is a favored strategy of the life insurance company, if the policy was issued less than two years before the death.