We have successfully represented clients for many years in disputes with their life insurance company. Generally, people and businesses buy life insurance to provide financial protection in the event a loved one dies. In life insurance, the insured (the person whose life is being insured) designates a beneficiary. The beneficiary is the person who receives the life insurance when the insured dies.
There are generally three areas of dispute in life insurance cases:
Sometimes, a dispute will arise concerning who the beneficiary is. The issues will be: (1) when the beneficiary was changed; and (2) whether the beneficiary change was sufficient to notify the insurance company of the insured’s intent. If you are involved in a dispute over the beneficiary to the life insurance policy, you need to get legal advice.
It is important to understand that as a beneficiary you have certain rights in dealing with your life insurance company. In general, the insurance company owes you a duty of good faith and fair dealing to treat you fairly and in good faith.
Our goal is help you understand your rights when dealing with an insurance company. If you think your insurance company is treating you unfairly, please contact us or call (775) 324-1500.