Month: September 2018

Did the Life Insurance Company Act in Bad Faith?

Published on September 24, 2018, by Matthew Sharp

Insurance Bad Faith

To hang on to revenue and profits, some insurance companies act in bad faith by reducing insurance payouts and denying claims on life insurance policies, even if an insured policyholder has paid on the policy for many years. Bad Faith Claim Denials A life insurance policy is a contract which represents a promise by an insurer to act in “good faith and fair dealing” with a policyholder. To comply with this promise, the insurer must uphold the provisions of the policy and ensure that the policy holder’s rights [...]
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