As you likely already know, there are a multitude of reasons why an insurance company may deny a life insurance claim. Among these reasons are: material misrepresentation, failure to file by deadline, and lapses in insurance coverage. When someone fails to pay their premium, a lapse in insurance coverage may occur. As a beneficiary, hearing that you may not be entitled to a life insurance premium can be life-changing.

If you have been denied your insurance payout due to an insurance lapse, the lawyers at McKennon Law Group can help. We’ve helped many clients fight back against insurance companies who wrongfully denied them the insurance money they deserve. Read on to learn how our lawyers can help you recover after you have been denied insurance, and schedule a free phone consultation if you are in this situation.

How Does A Life Insurance Lapse Lawyer Help Me Recover My Payout?

If you are the designated beneficiary of a life insurance policy, and the insurance company denied your payout because of an insurance lapse. Never assume this is the end of the road. Our lawyers can help you fight for what you deserve, and will defend you against the insurance company who may be acting in bad faith. Insurance companies are required by law to follow certain lapse laws. If these laws are ever found to be broken, you may not be found at fault for failing to pay your premium on time, and you may even have an opportunity to recover the life insurance money. Our Newport Beach lawyers will investigate what happened when the insurance company denied the claim, and advise you regarding how you can move forward and take legal options to recover.

It is our mission to help you understand your rights as a life insurance beneficiary. After reviewing your case in detail, we can get a clear idea for what legal options exist to help you. If you received a denial letter, we will look over the details and explain the contents to you, as it is important to understand the reason behind the denial. 

Our lawyers are expert on state law as it relates to life insurance. Your rights are protected not only under state law, but under the terms of your policy as well, so it’s important to work with a legal advocate who can find ways for the law to work in your favor. 

We can even help you write and file an appeal of the decision to deny your claim. We will stop at nothing to find areas of opportunity to recoup these lost benefits. The sooner you contact McKennon Law Group, the sooner we can get started trying to recover your insurance money.

How Does A Life Insurance Lawyer Hold My Insurance Company Accountable?

We have decades of legal experience, and know the many tactics that they will use to deny payments where payments are deserved. Every situation is different, but there is a possibility that a lapsed policy claim can be recovered if:

• The insurance company did not give the appropriate amount of grace period required by law to give you time to pay the policy
• The insurance company canceled your policy without notice, or did not keep your insurance policy active during the grace period
• The insurance company failed to send a lapse notice regarding your policy
• The insurance company sent a lapse notice, but it did not adhere to state insurance laws
• The insurance company failed to send a notice that the premium was due, or sent a notice to the incorrect address or recipient.

As previously mentioned, no two situations are the same, but it’s important to remember that you have rights, and that these rights are protected under the law no matter what. Insurance companies have an obligation to act in good faith, so if you feel that you’ve been taken advantage of, rely on McKennon Law Group to hold the insurer accountable.

How Much Does It Cost To Consult With A Life Insurance Lawyer?

At McKennon Law Group, we understand how frustrating it can be to be denied insurance money that you feel you rightfully deserve. Not all Newport Beach life insurance lawyers offer an initial case consultation for free. But, at McKennon Law Group, we offer a free initial consultation for anyone who needs help in this situation. For no charge at all, you can contact our law firm, give us the details regarding your life insurance payout denial, and we will advise you on how to move forward.

Schedule your free, no-obligation consultation today with McKennon Law Group.