New York Life Insurance Claim Lawyer

New York Life Insurance Claim Lawyer

Filing a life insurance claim after your loved one passes away seems like it should be a simple and quick process. You assume that when the company agreed to the policy, and your loved one’s death met the policy criteria for a claim, that there was no way the life insurance company would deny the claim.

Unfortunately, in states like New York, insurance companies have a longer time period to investigate and contest your life insurance claim on grounds of “material misrepresentation”.  In fact, in New York and states with similar policies, the contestability period extends for two years after you sign and begin a new policy. Allegations that the policyholder included incorrect or incomplete information can refer to the initial application or any supplementary document the decedent filed after initially purchasing the policy. The company might interpret a statement’s meaning incorrectly, and deny your claim based on the misinterpretation.

We suggest that you seek legal help before bringing an appeal of any denied claim. State laws can vary widely and it’s best to consult a New York life insurance claim lawyer who specializes in working with large insurance companies. You may avoid a lengthy lawsuit by consulting with a lawyer, who can leverage years of experience in negotiating with the life insurance company. A professional attorney’s involvement from our office will help you better understand how to negotiate with the company and will ensure that it doesn’t take your appeal lightly.

New York Life Insurance Claim Lawyer

When your claim is denied, please contact a New York life insurance claim lawyer in our office. We advise you to take advantage of a free consultation to determine if a chance exists that you can successfully appeal the decision and negotiate with your insurance company. Beneficiaries are already going through a difficult period, after losing a loved one. We treat each potential client with great importance and will listen intently to your situation. When we accept a case, each client receives service from at least two senior attorneys.

If all negotiation options are exhausted, our litigators are experienced in taking on big insurance companies in the court system. We know that many surviving loved ones don’t know where to turn when a claim is denied. Big insurance companies may count on that vulnerability when they investigate your claim and reject it as routine policy. Pursuing your claim won’t cost you money upfront. We will carefully review your situation, at no charge to you, and determine if grounds are present for further pursuit of an appeal or lawsuit.

New York Life Insurance Claim Lawyer Services

Since 1987, the law firm of Trief & Olk has provided numerous legal services to a wide variety of clients. If you or a loved one has a legal need, please contact us to find out more specific information about our firm or for a free consultation to discuss how our firm can help to resolve your case. Our law offices can be reached via telephone at (212) 486-6060 or by completing our confidential online form. When you fill out the form, include a detailed and thorough description of your case. We look forward to serving your needs.

 

Don’t Lose Life Insurance Coverage When you Need it Most – When you are Gravely ill

Life Insurance Denial Lawyer

When your life insurance claim is denied, don’t accept an unfair decision and give up. In most states, insurance companies have up to two years to investigate an approved insurance policy and deny the policy or a claim. That’s a standard practice for some large companies, who can begin such investigations even after your loved one has passed away.

The official reason for many of these denied claims is “material misrepresentation”, and it’s usually based on one of several common subjects, for example tobacco usage, age or income. Material misrepresentation occurs when you purposely conceal a fact that’s relevant to whether the company approves your life insurance policy.

But don’t be dissuaded by a denied claim from a life insurance company that insists your loved one did something wrong. Most misrepresentations on life insurance forms aren’t material. In other words, even if the information had been provided when the policy holder purchased the insurance, the company still would have approved the application. That means the misrepresentation isn’t a good reason to deny your claim. If your claim has been denied, please speak with a life insurance denial lawyer to discuss your case and the options available to get the money you’re entitled to receive under your loved one’s policy.

Life Insurance Denial Lawyer

You shouldn’t feel powerless just because a big company has denied your claim. Instead, contact a life insurance denial lawyer, who can help you assert your interests and protect your rights. If we decide your case has merit, our experienced attorneys will work together in a team setting to best serve your needs. Using a thorough research process, we determine the full background of why your claim was denied and work hard to help you receive the money that was promised to the decedent.

Remember, after your claim is denied, you still have several options to recover the money that’s due you. First, we can work with you to appeal the denial and attempt to negotiate with the insurance company. If that attempt isn’t successful, we have a number of skilled and capable litigators who can argue your lawsuit in court. Because consumers are buying fewer policies today, insurance companies are more likely to scrutinize your claim and deny it, sometimes mistakenly or in bad faith. In the end, your loved one bought an insurance policy to ensure you could cover your day-to-day and long-term expenses. You deserve to continue your normal life without hardships.

Life Insurance Denial Lawyer Services

Since 1987, the law firm of Trief & Olk has provided numerous legal services to a wide variety of insurance clients. If you or a loved one has a legal need, please contact us to find out more specific information about our firm or for a free consultation to discuss how our firm can help to resolve your case. Our law offices can be reached via telephone at (212) 486-6060 or by completing our confidential online form. When you fill out the form, include a detailed and thorough description of your life insurance claim case. We look forward to serving your needs.

New York Life Insurance Claim Lawyer

Life Insurance Denial Lawsuit

Thousands of life insurance claims are denied each year by companies that say the policy application misrepresents facts about your loved one. The news media report that the amount of money denied to beneficiaries has doubled in the past decade. The reason isn’t one you’d suspect, such as foul play.

The rise in denied claims, and the reason some beneficiaries must file a life insurance denial lawsuit, is “material misrepresentation”. The insurance company can allege that your loved one did not complete a form or left something off a form, and choose to deny your claim. Many families have been left unable to make house payments or send their children to school because a life insurance policy claim was denied. They made every payment on the policy and insisted that they didn’t do anything wrong. Many claims are denied for reasons completely unrelated to the policyholder’s cause of death.

Instead of looking for flaws in the policy application, companies operating in states such as California have two years after you sign a policy to revoke coverage or deny claims. The most common alleged misrepresentations include age, income, tobacco or alcohol usage, employment history, occupation, assets, dangerous traits or hobbies, and other life insurance policies. When a claim is denied, remember that you have the right to negotiate with the company, even if it’s one of the largest life insurance companies in the U.S.

Life Insurance Denial Lawsuit

In some cases, only the threat of a lawsuit can bring a large life insurance company to settle with you and pay your claim. Many beneficiaries feel helpless and don’t know where to turn. You shouldn’t let a large company take advantage of you, even though dealing with a denied insurance claim is the last thing on your mind after losing a loved one. Dealing with insurance problems is easier when you work with a strong team that’s experienced in fighting for clients’ rights against big insurance companies.

After you contact us, if we feel you have a strong case for appealing a claim denial, a team of at least two senior attorneys will focus their energy on researching your situation. During your appeal, our experienced professionals will negotiate with the company in your best interests. If the appeal isn’t successful, our stable of experienced litigators can bring a life insurance denial lawsuit against the company, and will ensure you have your day in court.

Life Insurance Denial Lawsuit Services

Since 1987, the law firm of Trief & Olk has provided numerous legal services to a wide variety of clients. If you or a loved one has a legal need, please contact us to find out more specific information about our firm or for a free consultation to discuss how our firm can help to resolve your case. Our law offices can be reached via telephone at (212) 486-6060 or by completing our confidential online form. When you fill out the form, include a detailed and thorough description of your case. We look forward to serving your needs.

Life Insurance Policies with Vanishing Premiums – and Vanishing Policies

Life Insurance Denial Attorney in New Jersey

Policyholders purchase life insurance to ensure their loved ones have a comfortable life after they pass away.  They would be shocked to find out the claim was denied and their loved ones couldn’t make house payments on time or afford basic health care. When a claim is denied, many grieving relatives and friends don’t always understand that they still have options to recover life insurance money from a big company.

When your policy claim is rejected, you need to contact our office to speak with a life insurance denial attorney in New Jersey. We can help you understand “material misrepresentation,” the reason many companies use to claim that a policy or additional document was incomplete or incorrect. Any alleged distortion, fallacy or discrepancy is considered a material misrepresentation, and can be used as a basis for denying your claim. Many misrepresentations aren’t material, because the insurance company would have still approved the insurance policy. Your attorney can negotiate with the insurance company and insist that it pay your claim.

Once you obtain legal services and attempt to negotiate, the company may still choose to deny your claim. A denied claim is never the final decision. You still have numerous options to pursue the claim, including an appeal, negotiations and eventually a lawsuit, if you have worked through all the other options. By seeking professional advice, you’ll have a better understanding of your claim’s chance of being paid by the company.

Life Insurance Denial Attorney in New Jersey

Each and every beneficiary deserves to receive the money that his or her loved one set aside for the future. We provide a free consultation to anyone who has had a life insurance claim denied. When we accept a case, each client receives service from at least two senior attorneys. We pay personal attention to each and every case. Our attorneys always complete thorough research and pay great attention to detail, and that equals a better chance that your appeal or lawsuit is successful. And by taking a team approach, we leverage the experience of our firm and its history of successful litigation.

Don’t hesitate to contact us and speak with a life insurance denial attorney in New Jersey today. Because so many life insurance companies are based in New Jersey, we are able to take cases from clients across the country. If your insurance company is located in New Jersey, we’d like to hear more details about why your claim was denied.

Life Insurance Denial Attorney Services

Since 1987, the law firm of Trief & Olk has provided numerous legal services to a wide variety of clients. If you or a loved one has a legal need, please contact us to find out more specific information about our firm or for a free consultation to discuss how our firm can help to resolve your case. Our law offices can be reached via telephone at (212) 486-6060 or by completing our confidential online form. When you fill out the form, include a detailed and thorough description of your case. We look forward to serving your needs.

Buying and Selling Life Insurance Policies in New York

Life Insurance Denial Attorney

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. Many grieving relatives and friends are shocked when a life insurance company decides to deny a claim, and they don’t always know where to turn next.

When your policy claim is rejected, you need to contact a life insurance denial attorney. We can help you understand the material misrepresentation that the company claims existed when your loved one purchased a policy or filed an additional document. Any alleged distortion, fallacy or discrepancy is considered a material misrepresentation, and will be used as a basis for denying your claim. Because these allegations are debatable, your attorney can negotiate with the insurance company and insist that it pay your claim.

Once you obtain legal services, the company may still choose to deny your claim. Don’t believe that a denied claim is the final decision. You still have numerous options to pursue your claim, including the appeals process, negotiations and eventually a lawsuit, if you have worked through all your other options. By procuring professional advice, you will have an excellent grasp of your probability of succeeding in getting the money owed to you by the company.

Life Insurance Denial Attorney

Beneficiaries aren’t just a number to us – we treat each new client with equal importance. In fact, when we accept a case, each client receives service from at least two senior attorneys. We pay personal attention to each and every case. Our attorneys always complete thorough research and pay great attention to detail, and that equals a better chance that your appeal or lawsuit will be a success. And by taking a team approach, we leverage the experience of our firm and its history of successful litigation.

We strive to help every new client navigate through the sometimes daunting process of reversing a claim denial. Don’t hesitate to contact us and speak with a life insurance denial attorney today. Keep in mind that there are time limitations in some states on claims, so you should contact us as soon as your claim is denied. Because so many life insurance companies are based in New York, New Jersey and Massachusetts, we are able to take cases from clients across the country. If your insurance company is located in one of these states, we’d like to hear more details about why your claim was denied.

Life Insurance Denial Attorney Services

Since 1987, the law firm of Trief & Olk has provided numerous legal services to a wide variety of insurance clients. If you or a loved one has a legal need, please contact us to find out more specific information about our firm or for a free consultation to discuss how our firm can help to resolve your claim denial case. Our law offices can be reached via telephone at (212) 486-6060 or by completing our confidential online form. When you fill out the form, include a detailed and thorough description of your case. We look forward to serving your needs.

Don’t Lose Life Insurance Coverage When you Need it Most – When you are Gravely ill

Life Insurance Claim Lawyer

When a loved one passes away, the last thing you need is the hassle of a contested life insurance claim. Many times, your loved one has purchased life insurance to help defray the costs associated with an expensive burial and funeral, and you need the money immediately.

Communicating directly with a life insurance company is a confusing and frustrating process. With help from a life insurance claim lawyer, you can forgo much of this unnecessary stress and perhaps find a quicker resolution to any problems with your life insurance claim. Beneficiaries shouldn’t be forced to wait for financial help in the difficult time surrounding the loss of a loved one.

An attorney can thoroughly explain your rights when a claim is filed or denied, and can help you understand the underlying specific concerns associated with a claim. For companies based in New York or New Jersey, a two-year period exists that allows the insurance company to investigate and deny a policy. A policy denial can be based on a misstatement in any of several documents, such as the life insurance application, application for renewal, policy amendment or the application for late enrollment. A denial does not have to be based on a mistake regarding the statement of the cause of death.

Life Insurance Claim Lawyer

A life insurance claim lawyer represents clients who need help negotiating with a big life insurance company. In many cases, the company attempts to deny a claim based on an alleged mistake in the original application, and assumes that family and friends of the decedent will give up and accept the company’s decision. When your claim is denied or you expect the company will deny it, don’t give up. It’s worth your time and effort to request a free consultation to discuss your situation with an attorney. The help of a professional will alleviate your feelings of helplessness, and give you greater chances of success in the appeal process.

Struggling through the tangle of state, federal and administrative laws is much easier with the help of knowledgeable attorneys dedicated to fighting for clients’ needs. If you live in New York or New Jersey, or your insurance company is based in either state, we can help you attempt to receive the claim amount to which you are entitled.  As attorneys who regularly negotiate with life insurance companies, we are also skilled litigators. When necessary, we can sue a company that insists on denying a claim.

Life Insurance Claim Lawyer Services

Since 1987, the law firm of Trief & Olk has provided numerous legal services to a wide variety of life insurance clients. If you or a loved one has a legal need, please contact us to find out more specific information about our firm or for a free consultation to discuss how our firm can help to resolve your life insurance claim case. Our law offices can be reached via telephone at (212) 486-6060 or by completing our confidential online form. When you fill out the form, include a detailed and thorough description of your case. We look forward to serving your needs.

calendar

Life Insurance Claim Lawsuit

When a life insurance claim is denied and the appeal is also denied, your next step is engaging in a life insurance claim lawsuit. At this stage, you need professional help from an attorney capable of successfully litigating against a big insurance company and receiving the payment that was originally provided to you by the policyholder.

Did you know that a claim denial may be based on an alleged misstatement that’s as simple as tobacco usage or dangerous hobbies? Other common misrepresentations of fact used by companies to deny claims are based on age, employment history, occupation, income, alcohol usage, assets and other life insurance policies.

Insurance companies have a set time period to investigate the honesty of statements made in life insurance applications and related documents. That contestability period for a life insurance policy varies by state. If your loved one dies during this period, expect that the company will launch an investigation as routine course. If your claim and appeal are denied, don’t be discouraged. You aren’t out of options. Our experienced attorneys are well-versed in life insurance policies, life insurance applications and insurance law. Many times, insurance companies will succumb to pressure from a reputable lawyer and settle out of court; that should be your first step when you feel that an appeal has been unfairly denied.

Life Insurance Claim Lawsuit

By using both negotiation and litigation tactics, you’ll increase your chances of receiving the sum owned you by the insurance company. If the company won’t settle, our professionals are capable of handling every stage and part of a life insurance claim lawsuit. Big insurance companies assume that most surviving loved ones won’t be savvy enough to hire an experienced attorney. Many alleged misrepresentations of fact are up for debate, so don’t assume your loved one made incorrect or fallacious statements. And don’t assume you can’t win against a big company.

Any life insurance policy agreed upon by both a policyholder and company requires certain legal obligations by the two parties, and it’s your responsibility to ensure the company doesn’t back out of its agreement. Our attorneys work hard to achieve the best possible outcome in each case we decide to pursue. By thoroughly researching the background of each specific situation, we make each case our first priority. Don’t allow a large company to pressure you into allowing it to breach the contract that it formed with your loved one.

Life Insurance Claim Lawsuit Services

Since 1987, the law firm of Trief & Olk has provided numerous legal services to a wide variety of clients. If you or a loved one has a legal need, please contact us to find out more specific information about our firm or for a free consultation to discuss how our firm can help to resolve your case. Our law offices can be reached via telephone at (212) 486-6060 or by completing our confidential online form. When you fill out the form, include a detailed and thorough description of your case. We look forward to serving your needs.

 

New York Life Insurance Claim Lawyer

Life Insurance Claim Attorney

Filing a life insurance claim after your loved one passes away isn’t always simple. Once you’ve worked through the system and lodged a claim with the insurance company, there’s still a chance it will be denied.  In many cases, the policyholder assumed the insurance company would honor its agreement and didn’t bother to review the policy with an estate planning attorney.

When your claim is denied, don’t hesitate to contact a life insurance claim attorney. We advise you to take advantage of a free consultation to determine if there is a chance that you can successfully appeal the decision and negotiate with your insurance company. If that option is exhausted, our litigators are experienced in taking on big insurance companies in the court system.

We know that many surviving loved ones are grieving and give up when a claim is denied. That’s a tendency that many big companies bank on when they investigate and reject your claim out of hand. We assure you that pursuing your claim won’t cost you a lot of money upfront. We will carefully review your situation, at no charge to you, and determine if there are grounds present for further pursuit of an appeal or lawsuit.

Life Insurance Claim Attorney

Why would a life insurance company deny an insurance claim when it approved the policy? That’s a question many beneficiaries ask themselves. In certain states, insurance companies have a lengthy time period to investigate and contest a life insurance claim on grounds of factual misrepresentation. For instance, New York, New Jersey and Massachusetts allow for contestability for up to two years after you begin a new policy. Allegations of incorrect information can revolve around the initial application or any of the supplementary documents the policyholder filed after initially signing up for the policy. The company may choose to interpret a statement’s meaning incorrectly, and deny a claim based on that misinterpretation.

We suggest that you seek legal help before going ahead with an appeal of any claim denial. State laws can vary widely and it’s best to consult a life insurance claim attorney who specializes in working with large insurance companies. You may avoid a lengthy lawsuit by consulting with a lawyer, who can leverage years of experience in negotiating with the life insurance company. A professional attorney’s involvement will put you on a level playing field with the company and will ensure that it takes your appeal seriously.

Life Insurance Claim Attorney Services

Since 1987, the law firm of Trief & Olk has provided numerous legal services to a wide variety of clients. If you or a loved one has a legal need, please contact us to find out more specific information about our firm or for a free consultation to discuss how our firm can help to resolve your case. Our law offices can be reached via telephone at (212) 486-6060 or by completing our confidential online form. When you fill out the form, include a detailed and thorough description of your case. We look forward to serving your needs.

 

Life Insurance Ramifications of DNA Sequencing

Prescription Drug Use and Material Misrepresentations

The rise in prescription drug use in the United States has had a direct impact on life insurance claims.  The Center for Disease Control recently released figures, from May 8, 2013, that indicate that over 22,000 deaths occur from pharmaceutical drugs each year, of which over 16,500 are related to opioid analgesic overdoses.

Standard insurance applications typically include questions such as, “Are you, or any person proposed for insurance, currently taking any medication prescribed by a physician?”  Failing to disclose some medications, particularly ones contributing to an insured’s death, are fairly clear cut material misrepresentations.  However, certain arguments are still available to the policy holder.

For example, Trief & Olk successfully seized upon the aforementioned policy question by highlighting the word “currently.”  In a situation where an insured was prescribed medication which, when taken as directed, would run out prior to the application’s submission, a colorable argument existed that the insured was not “currently” taking any medication.  Using this approach, Trief & Olk was able to secure a settlement on an opiate overdose claim where other firms had previously failed.

Life Insurance Ramifications of DNA Sequencing

MetLife v. Glenn, Hogan-Cross, and Outside Consultants

metlife life insurance In assessing life insurance claims, insurers routinely use “independent” or “outside” consultants to substantiate their positions.  When litigation arises, discovery into these individuals typically centers on their compensation.  Trief & Olk recently had success arguing that beyond plain compensation figures, the number of claims reviewed and subsequent denial statistics were integral in evaluating potential biases.

A familiar concept was articulated in Hogan-Cross v. MetLife, which discussed the appropriate scope of discovery in the wake of MetLife v. Glenn.  Specifically addressing the compensation of “persons involved in evaluating, advising upon, or determining plaintiff’s eligibility for continued benefits,” Hogan-Cross noted:

The bases for and amounts of compensation paid to employees and outside consultants involved in plaintiff’s benefit termination itself could prove relevant to plaintiff’s claim.  Certainly it could lead to other relevant evidence.  It could matter a great deal, for example, if an outside reviewer derived all or most of his or her income from MetLife, particularly if that reviewer frequently recommended denial or termination of benefits.

The significance here cannot be understated, as outside consultants are regularly used to opine on the reasonableness of an administrator’s denial.  To that end, Hogan-Cross explained:

Information bearing on the manner in which a conflicted plan administrator compensates outside consultants could be highly pertinent.  Maintenance of compensation arrangements that create economic incentives for consultants to recommend denial or termination of benefits would have a material bearing on the likelihood that the administrator’s conflict affects its benefit determinations.

Trief & Olk used this argument in seeking detailed compensation records from “independent” consultants.  Beyond simply obtaining hourly rates, we were able to convince the court that the amount of claims reviewed by the consultant, along with their denial statistics, were equally important.  Such information is almost uniformly favorable for the plaintiff, and makes for a more compelling case of bias.