Protecting Beneficiary Rights in New Jersey Employment-Based Life Insurance

If you are facing the complexities of an employment-based life insurance issue, you are not alone. Many individuals find themselves in confusing and overwhelming situations when trying to claim life insurance benefits from an employer-sponsored policy. The stress of dealing with the loss of a loved one, coupled with the added complication of a potentially denied or delayed claim, can make this time even more difficult. It is natural to feel uncertain about what to do next, and we understand how important it is to navigate these challenges effectively.

We are here to offer you guidance and support. At Trief & Olk, we are empathetic towards your concerns and want to ensure that you receive the benefits you rightfully deserve. As you read through this guide, keep in mind that you do not have to face this process alone. We are committed to helping beneficiaries like you get the best possible outcome when dealing with employment-based life insurance claims.

Understanding Employment-Based Life Insurance

Employment-based life insurance is a type of life insurance policy provided by an employer as part of an employee benefits package. This type of coverage is often a term life policy, which provides a death benefit if the employee passes away during the term of coverage. While many employees sign up for these benefits when they begin a new job, understanding the full scope of the policy and how it works is not always straightforward.

Employers may offer different types of life insurance policies with varying terms and conditions. The policy could cover only a portion of the employee’s salary or a predetermined amount of coverage. Sometimes, an employee may have the option to purchase additional coverage through the employer, but it’s important to know whether these additional plans are linked to the employment or if they are a separate personal policy.

As a beneficiary, your primary concern will likely be ensuring that the life insurance benefits are paid out promptly after the death of your loved one. However, several factors can impact the process of claiming these benefits, and if there are issues or disputes, it’s essential to understand your rights.

Ted Treif (Partner)

Life insurance attorney since 1976

Barbara Olk (Retired)

Life insurance attorney since 1976

Eyal Dror (Associate)

Life Insurance Attorney since 2007

Common Issues with Employment-Based Life Insurance Claims

Employment-based life insurance claims can often be delayed or denied for a variety of reasons. One of the most common reasons for denial is failure to meet the eligibility requirements. For example, if an employee’s policy was terminated or lapsed before their death, the beneficiary may find themselves in a difficult position. Additionally, insurers may argue that the death was caused by an excluded event, such as suicide or a pre-existing medical condition, which could result in a denial of the claim.

Another issue that may arise is when the beneficiary designation is unclear or disputed. If the employee did not complete the necessary paperwork, or if multiple people are claiming to be the rightful beneficiary, the insurance company may delay or reject the claim until the matter is resolved. In some cases, the employer may be at fault if they failed to administer the life insurance plan correctly or did not provide the required documentation to the insurer.

When you find yourself in a situation where a claim is denied or delayed, it is crucial to have someone on your side who understands how the system works and who can advocate for your rights as a beneficiary.

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We contacted Trief & Olk to help us with a life insurance issue and Shelly Friedland was the attorney assigned to our case. Before Shelly took our case she explained to us that the likelihood of our success without going to court was possible but not likely. Unfortunately we did not get the outcome we had hoped for but it was our decision to not move forward and have our case litigated. Shelly is very knowledgeable and was very straight-forward in her assessment of our case as we moved forward. She was very patient and thorough in answering our questions. She always responded in a timely manner and listened to our concerns. We would certainly recommend Shelly and would use her firm again in the future.”

- John Ramig

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If there is any possibility of winning your life insurance case – this is the place to do it for you. They are efficient, honest and will achieve the best possible outcome.

Shelly Friedland worked on my case where a life insurance policy had lapsed and was even a few days beyond the grace period. Farmers had rejected my claim twice and was unwilling to take a second look. Shelly was able to get them to pay the entire claim without going to court, and the full amount was deposited in my account within a couple months. Highest recommendation.”

- Kathleen Brown

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Trief & Olk is a superior law firm. Their attorneys and other legal professionals have a brilliant understanding of the law and the litigation process. They diligently perform their work in an efficient, strategic and cost-effective manner to ensure the best possible outcomes for their clients.

- Christopher Hughes

How an Attorney Can Help Protect Your Beneficiary Rights

While the process of filing a claim may seem straightforward, employment-based life insurance cases often require an in-depth understanding of both insurance law and employment law. The complexities of these policies can make it difficult for beneficiaries to navigate on their own. This is where an attorney with experience in handling these types of cases can help.

First and foremost, an attorney will help you determine the validity of the claim and whether the insurer’s decision was legally justified. If your claim has been wrongfully denied, an attorney can assist you in appealing the decision or filing a lawsuit against the insurer. It’s important to understand that life insurance companies are often more focused on protecting their profits than ensuring that beneficiaries receive their rightful benefits. With an experienced attorney on your side, you can level the playing field and fight for your rights.

In some cases, the employer may be at fault for errors in the administration of the insurance policy. Whether it’s failing to inform you of your rights or mishandling important paperwork, an attorney can investigate the actions of your employer and determine if they played a role in the denial or delay of the claim. If the employer is found to be responsible for the issue, they may be held accountable for the damages caused to the beneficiary.

Moreover, attorneys who focus on employment-based life insurance cases can help ensure that the insurance policy is being interpreted correctly, in line with both state and federal laws. This knowledge can make all the difference when it comes to securing a favorable result for you and your family.

Settlements & Verdicts

$3 Million Policy

William Penn Life Insurance

$1.2 Million Policy

Primerica

$1.5 Million Policy

Metropolitan Life Insurance Company

$1 Million Policy

Protective Life Insurance

$675,000 Settlement

Confidential Settlement

$4.3 Million Policy

State Farm, Primerica, Farmers, BrightHouse

The Importance of Acting Quickly

If you are dealing with a delay or denial of an employment-based life insurance claim, it is essential to act quickly. Insurance policies often have strict deadlines for filing appeals or lawsuits. The longer you wait to take action, the more difficult it may become to get the results you deserve. Having an attorney involved early in the process can help ensure that all deadlines are met and that your rights as a beneficiary are fully protected.

In addition to acting quickly, it is also important to gather all necessary documentation and information related to the case. This includes any correspondence with the insurance company, medical records, and the original life insurance policy. A skilled attorney will help you organize and present this information in the most effective way, increasing your chances of success.

At Trief & Olk, we understand the emotional and financial stress that can come with a dispute over employment-based life insurance. We are dedicated to providing the compassionate and effective legal representation you need during this challenging time. We believe that everyone deserves to have their rights protected, and we will do everything in our power to help you get the benefits you are entitled to.

If you are a beneficiary who is facing issues with a life insurance claim, we invite you to reach out to us. Our team is ready to assess your case and provide you with clear, actionable steps to take next. With years of experience handling these types of cases, we are confident in our ability to help you achieve a positive outcome.

Let us help you navigate the complexities of employment-based life insurance and fight for the benefits you deserve. Contact Trief & Olk today to discuss your case and begin the process of protecting your rights.

To learn more about this subject click here: Understanding Your Rights: Legal Options for Denied Employment-Based Life Insurance Claims