New Hampshire Denied Life Insurance Claim Attorneys

Denied Life Insurance Claim Attorneys Helping New Hampshire

Life insurance is a crucial financial safety net that many individuals in New Hampshire rely on to secure their family’s future. When someone purchases a life insurance policy, they enter into a binding contract with the insurance company. This contract stipulates that in the event of the policyholder’s passing, the insurance company will pay a predetermined sum of money to the policyholder’s chosen beneficiaries. However, life insurance claims don’t always go as smoothly as anticipated, and beneficiaries may find their claims denied. In such challenging times, it’s vital to have experienced life insurance attorneys helping those in New Hampshire from Trief & Olk by your side to navigate the complexities of life insurance law.

The Life Insurance Application Process

The foundation of any life insurance policy is the application. When an individual applies for life insurance, the insurance company meticulously reviews the application. During this process, they assess whether they will provide coverage, the extent of that coverage, and the premium to be charged. The thoroughness of this process ensures that the policyholder and the insurance company are on the same page about the terms of the policy.

The Role of Beneficiaries

Once approved for a life insurance policy, the policyholder designates specific individuals as beneficiaries. These beneficiaries are the individuals who will receive the insurance payout, often referred to as the “death benefit,” in the unfortunate event of the policyholder’s demise. Beneficiaries can be family members, close friends, or even business partners, depending on the policyholder’s wishes.

The Claim Process

When the insured individual passes away, the designated beneficiary can file a claim with the life insurance company to receive the payment owed according to the policy. This process is designed to provide financial support and security during a difficult time for the beneficiary.

Common Reasons for Denial

However, life insurance companies may deny claims under certain circumstances. Some common reasons for denial include:

● Material Misrepresentation: If the policyholder provided inaccurate or false information on their application, the insurance company may deny the claim.
● Lapsed Policy: Failure to pay premiums on time can lead to the policy lapsing, which means the insurance company may deny the claim.
● Undesignated Beneficiary: If the person seeking payment is not designated as a beneficiary on the policy, the insurance company can deny the claim.

Why Legal Assistance is Vital

Life insurance laws in New Hampshire are tightly regulated, and navigating the intricacies of these laws can be challenging. If you or a loved one has been denied a life insurance claim, it is crucial to seek legal assistance from experienced life insurance attorneys helping those in New Hampshire like Trief & Olk. We focus on handling denied life insurance claims, ensuring that our clients receive the support and benefits they are entitled to.

Notable Achievements: Winning for Our Clients in Life Insurance Claim Denial Cases

At Trief & Olk, our dedicated life insurance attorneys helping those in New Hampshire have a strong track record of fighting for our clients and achieving substantial settlements and verdicts in life insurance claim denial cases. Here are some remarkable examples of our successful outcomes on behalf of our clients:

1. Verdict against William Penn Life Insurance Co. ($3 million)

In a case against William Penn Life Insurance Co., we secured a substantial $3 million verdict for our client. This win underscored our commitment to holding insurance companies accountable for their obligations to policyholders and beneficiaries.

2. Reinstatement of a Lapsed Policy with State Farm ($3 million)

We obtained the reinstatement of a lapsed policy on behalf of the beneficiaries of an insured individual who had suffered from brain cancer, leaving him incapacitated and unable to manage his finances. This success with State Farm resulted in the payment of a $3 million death benefit, providing much-needed financial relief to our clients during a difficult time.

3. Summary Judgment against Metropolitan Life Insurance Co. ($1.7 million)

Our relentless pursuit of justice led to a successful summary judgment against Metropolitan Life Insurance Co., resulting in a $1.7 million settlement for our client. This victory showcases our ability to navigate complex legal processes to secure the compensation our clients deserve.

4. Settlement with Primerica ($1.2 million)

Through skillful negotiation and unwavering advocacy, we reached a $1.2 million settlement with Primerica, ensuring our client’s financial security and peace of mind.

5. Settlement with Protective Life Insurance ($1 million)

We negotiated a $1 million settlement with Protective Life Insurance, further demonstrating our commitment to obtaining favorable outcomes for our clients in life insurance claim denial cases.

6. Numerous Confidential Settlements against Leading Insurers

In addition to these notable victories, Trief & Olk has successfully achieved numerous confidential settlements against prominent insurance companies, including MetLife (including BrightHouse), Prudential, Farmers, First-Penn Pacific, and John Hancock. Our dedication to our clients and extensive experience in handling denied life insurance claims have consistently delivered favorable results.

Common Mistakes to Avoid When Facing a Denied Life Insurance Claim

As experienced Denied Life Insurance Claim Attorneys helping in New Hampshire, we understand the distress that can accompany the denial of a life insurance claim. When you’re facing this challenging situation, it’s crucial to avoid certain common mistakes that could jeopardize your chances of obtaining the compensation you rightfully deserve. Let’s explore these critical mistakes and why it’s vital to have the right legal support on your side.

1. Accepting the Denial Without Question

One of the most significant mistakes you can make is accepting the denial of your life insurance claim without question. Insurance companies are profit-driven, and their initial denial doesn’t necessarily mean your claim is invalid. It is in their interest to minimize payouts, but that doesn’t mean you should accept an unjust denial. You have the right to challenge the decision and seek a fair resolution.

2. Not Seeking Legal Representation

Many beneficiaries choose not to seek legal representation, thinking they can handle the situation themselves. However, navigating the complex world of life insurance claims and the legal intricacies can be a daunting task. Having an experienced life insurance trial lawyer helping those in New Hampshire by your side can make all the difference. They know the ins and outs of life insurance law and can fight for your rights effectively.

3. Hiring an Attorney Without Life Insurance Experience

Not all attorneys are created equal, and hiring a lawyer who lacks experience in life insurance law is another common mistake. Life insurance claims come with their own set of rules, regulations, and nuances. It’s essential to work with a lawyer who focuses on this field and has a proven track record of successfully handling denied life insurance claims.

4. Delaying the Process

Timing is of the essence when dealing with life insurance claims. Insurance companies may not always be eager to cooperate or resolve the issue swiftly. Having a life insurance trial lawyer helping New Hampshire on your side can expedite the process, bringing the insurance company to the negotiating table faster. Delaying the process may result in financial stress, and it’s essential to act promptly to secure the compensation you need.

When your life insurance claim is denied, it’s crucial to be proactive and avoid these common mistakes. Do not simply accept the denial without question, seek the experience of a life insurance trial lawyer helping those in New Hampshire who is willing to take the insurance company to court if necessary, and ensure your attorney has the necessary experience in life insurance law.

Denied Life Insurance Claim Client Story

This client story is for educational purposes only.

Meet Kenneth, a resident of the beautiful state of New Hampshire. His life took a heart-wrenching turn when he lost his beloved wife, Donna. Donna had always been the shining light in Kenneth’s life, his confidante, and his rock. They had always believed in securing their family’s future, and Donna had diligently maintained a life insurance policy.

After Donna’s passing, Kenneth was devastated and overwhelmed with grief. But in the midst of his sorrow, he had to face an unexpected and frustrating hurdle: the denial of Donna’s life insurance claim. The insurance company’s refusal to honor the policy left Kenneth in a state of financial uncertainty, compounding his grief and worry.

Kenneth’s days were filled with worry and sleepless nights, trying to figure out how to navigate this difficult situation. He felt trapped and didn’t know where to turn. It was in this dark moment that he reached out to Trief & Olk, a law firm focusing on life life insurance claims, and he began his journey towards justice and resolution.

As Kenneth connected with the dedicated team at Trief & Olk, he found not just legal experience but compassionate guides who understood the depth of his distress. The attorneys listened to his story, patiently answered his questions, and provided assurance that they were in this together.

With the support of Trief & Olk, Kenneth embarked on the path to challenge the insurance company’s denial. The attorneys meticulously reviewed the policy, investigated the reasons behind the denial, and formulated a strategy to fight for Kenneth’s rights. They worked tirelessly to uncover every detail, ensuring that no stone was left unturned.

The process was not without its challenges, but Kenneth never felt alone. The attorneys at Trief & Olk were his pillars of strength, representing his interests and relentlessly pursuing the justice he deserved. Their dedication, experience, and unwavering commitment to Kenneth’s cause gave him hope in his darkest hours.

Finally, after a strenuous battle, Trief & Olk secured a favorable outcome for Kenneth. The life insurance benefits that rightfully belonged to him and Donna’s legacy were no longer withheld. Kenneth could finally find some financial stability, allowing him to focus on the cherished memories of his wife and their family’s future.

Kenneth’s journey is a testament to the profound impact Trief & Olk can have in the lives of those facing life insurance claim denials. With their experienced guidance, compassion, and tireless advocacy, they helped Kenneth overcome the hurdles that stood in his path to justice. His story is a reminder that, even in the darkest moments, there can be a path towards resolution, and a dedicated team can light the way.

Contact Our Denied Life Insurance Claim Attorneys Helping Those in New Hampshire

If you find yourself in the unfortunate situation of having your life insurance claim denied in New Hampshire, remember that you don’t have to face this challenge alone. The team at Trief & Olk is here to help you navigate the complexities of life insurance law and fight for the benefits you deserve.

Our dedicated Denied Life Insurance Claim Attorneys are well-versed in insurance law, New Hampshire life insurance applications, and life insurance policies. We have a proven track record of negotiating and litigating various life insurance denial cases against insurance giants such as:

● Met Life (including Brighthouse Financial)
● John Hancock
● Prudential
● American General/AIG
● New York Life
● William Penn
● Primerica
● Lincoln Financial (including First Penn-Pacific)
● State Farm
● Farmers
● Protective Life
● Globe Life
● Sun Life
● Transamerica
We understand that life insurance denial is a contractual problem that requires focused experience. At Trief & Olk, we offer free consultations and are ready to review your life insurance documents without charge. Our goal is to provide you with the guidance and legal support you need during this challenging time.

Don’t let a denied life insurance claim leave you in financial uncertainty. Contact our Denied Life Insurance Claim Attorneys helping those in New Hampshire today to ensure that your rights are protected, and you receive the benefits you and your loved ones are entitled to. Your peace of mind and financial security are our top priorities.