View our posts regarding a variety of legal topics related to Life Insurance Lawsuits
The Federal Employees’ Group Life Insurance (FEGLI) program is an essential benefit for federal employees, providing financial security to their loved ones in case of an unfortunate event. However, navigating the complexities of FEGLI claims and disputes can be challenging, especially when you’re dealing with issues like denials and disputes among beneficiaries. In this blog […]
Life insurance is an important financial tool that provides peace of mind and financial security to policyholders and their beneficiaries. Having a life insurance policy is a common way to ensure that your loved ones are protected financially in the event of your passing. However, it’s essential to understand what can happen if your life […]
Life insurance policies are essential financial instruments that provide a safety net for your loved ones in times of need. Beneficiaries have specific rights and responsibilities when it comes to handling life insurance policies, especially in the event of a policy lapse. Understanding these rights and responsibilities can help beneficiaries navigate the process smoothly and […]
Trief & Olk is pleased to announce a jury trial victory in Queens County Supreme Court, in March 2023, in a dispute between two claimants of a Metropolitan Life Insurance policy. Our client, the insured’s wife, was designated as the beneficiary in a change of beneficiary form executed in China, where the insured was living […]
Trief & Olk negotiated a settlement for the full $ 1.2 million life insurance policy on behalf of their client, the wife of the insured. The insured had been experiencing mental health issues, in the midst of which he called the insurance company to cancel the life insurance policy. According to the terms of the […]
By statute, New York State has strictly limited the ability of insurers to contest the validity of a life insurance policy more than two years after the policy was issued (on grounds other than non-payment of premiums).
Trief & Olk’s life insurance attorneys frequently encounter scenarios where the insured has missed premium payments at the end of their life due to serious illness or other causes of incapacitation, leading to the policy lapsing – and leaving the beneficiaries without the proceeds the insured intended them to receive.
Before your loved one passed away, he or she decided to purchase a life insurance policy to ensure you wouldn’t be burdened with large debt and that you would have a promising future.
UPDATED NOVEMBER 11, 2020: Trief & Olk defeated a second challenge to its successful $3 million verdict against William Penn Life Insurance Company of New York (“William Penn”). On September 15, 2020, the New York Court of Appeals (New York’s highest court) rejected William Penn’s motion to hear its appeal of the decision of the […]
How to Choose Your Beneficiary Whether You are Married or Unmarried When a married person with children obtains life insurance (whether purchasing it directly or receiving it as a benefit of employment), the usual practice is to designate the spouse as the beneficiary, assuming that any life insurance proceeds would be used to support the […]