2 Ways Life Insurance Companies Count on You Giving Up Your Claim
They count on you giving up your rights to the benefits. They know fighting with a huge life insurance company isn’t easy for people.
1. That’s why one of their tactics is to bury you with paperwork – all the while pretending that they are on your side.
You might think that once they get some answers, that your just and prompt payment will follow – think again. More documentation will be sought, and more frustration will ensue. But this was their plan all along – although you didn’t know it. But we do – we’ve been on their side before, and know how they operate.
2. Most lawyers want to avoid these fights, too. These are often Federal cases in United States District Courts, which have their own very complex rules and regulations, which must be followed to the letter. We don’t shy away from these fights – the insurers tricks won’t work on us.
People who have a right to life insurance benefits have suffered a serious loss of a loved one. The death of a loved one is among the most stressful of life events – life insurance companies know all this, and count on you giving up, not finding the right lawyer, and just going away. While they send you a letter expressing their condolences, at the same time they will conduct a “contestibility investigation” or consider paying the wrong beneficiary.
A life insurance company is in a real position of trust, when you need that policy paid. We hope that many times they do the right thing. But more and more, life insurance companies are dominated by financial engineering and an eye towards profits. Lets face it: few life insurance policies are ever called upon to actually pay the life insurance benefits. Those benefits can be substantial, and avoiding the payment of a few benefits can lift a life insurance companies profits.
You need to be strong in a time like this. You are already doing the right thing, to find an experienced attorney. You question whether the life insurance company is being fair, and you have found us. That is the most important part.
Without the right counsel on your side, experienced, knowledgeable, aggressive counsel such as our firm, the life insurance company has all the skills, power and leverage.