Miami Life Insurance Lawyers

Our Miami life insurance lawyers have extensive experience helping beneficiaries resolve life insurance disputes. Whether your claim was denied due to an alleged material misrepresentation, a policy lapse, or any other reason, we can review your case and work to overturn the denial or negotiate a fair settlement. Contact us today at 800-337-7755 for a free consultation or use our live chat feature.

Life insurance is intended to provide financial security to the loved ones of a policyholder after their passing. However, many beneficiaries in Miami face unexpected challenges when filing life insurance claims. Insurance companies may deny, delay, or underpay claims, leaving families with financial burdens during an already difficult time. If your life insurance claim has been denied or if you’re facing a dispute with the insurer, you don’t have to navigate the process alone. The Law Offices of Jason Turchin is here to help you fight for the benefits you deserve.

Common Reasons for Life Insurance Claim Denials in Miami

Life insurance companies are in the business of making a profit, which means they may seek to minimize payouts whenever possible. Some of the most common reasons for life insurance claim denials in Miami include:

1. Material Misrepresentation

Material misrepresentation is one of the most frequently cited reasons for denying a claim. Insurance companies may argue that the policyholder provided inaccurate or incomplete information on their application, such as omitting medical conditions or lifestyle factors like smoking. If the insurer determines that the policyholder’s misrepresentations were material to their decision to issue the policy, they may deny the claim.

2. Policy Lapse or Non-Payment of Premiums

If a policyholder fails to pay their premiums, the life insurance policy may lapse. When this happens, insurers often deny claims on the basis that the policy was no longer in force at the time of the policyholder’s death. However, there may be exceptions, such as if the policyholder was within a grace period or if their failure to pay premiums was due to a disability.

3. Contestability Period

Most life insurance policies include a contestability period, typically the first two years after the policy is issued. During this time, the insurer has the right to investigate and deny claims for misrepresentation or fraud. If a policyholder passes away within this period, the insurer may scrutinize the application closely to find any discrepancies.

4. Exclusions in the Policy

Life insurance policies often have specific exclusions that limit the circumstances under which benefits will be paid. Common exclusions include deaths resulting from suicide within a certain period, high-risk activities like skydiving, or criminal activity. If the cause of death falls under one of these exclusions, the insurer may deny the claim.

5. Beneficiary Disputes

Sometimes, multiple parties claim to be the rightful beneficiary of a life insurance policy, leading to disputes that delay or complicate the payment process. These disputes often arise when there are changes to the beneficiary shortly before the policyholder’s death, or when there are conflicting beneficiaries named in a will or other legal document.

How Our Miami Life Insurance Lawyers Can Help

At the Law Offices of Jason Turchin, we understand the frustration and stress that come with a denied life insurance claim. Our experienced team can help you navigate the complex life insurance claims process and fight for the benefits you’re owed. Here’s how we can assist:

1. Reviewing the Insurance Policy

One of the first steps we take is to thoroughly review the life insurance policy and the reasons for the denial. We can examine the terms of the policy, any exclusions, and whether the insurer’s decision to deny the claim is valid under Florida law.

2. Investigating the Circumstances of the Denial

We can conduct a thorough investigation into the circumstances surrounding the denial, including reviewing medical records, financial documents, and communications between the policyholder and the insurance company. This can allow us to build a strong case to challenge the denial.

3. Filing an Appeal

If your claim was denied, we can help you file an appeal with the insurance company. Our lawyers can present evidence to support your claim and negotiate with the insurer to seek a reversal of the denial.

4. Litigation if Necessary

If the insurance company refuses to reverse its decision, we are prepared to take legal action. Our Miami life insurance lawyers have experience litigating life insurance disputes and are ready to take your case to court if necessary.

Miami Life Insurance Claim Disputes: What You Should Know

Navigating life insurance claim disputes in Miami can be particularly challenging due to the unique legal landscape in Florida. Here are some important factors to keep in mind:

Florida’s Statute of Limitations

In Florida, beneficiaries typically have five years from the date of the policyholder’s death to file a lawsuit for a denied life insurance claim. However, waiting too long to take action can weaken your case, as evidence may become harder to gather, and memories may fade. If your claim has been denied, it’s important to act quickly to protect your rights.

The Role of Bad Faith in Life Insurance Disputes

In some cases, insurance companies may act in bad faith by intentionally delaying, underpaying, or wrongfully denying valid claims. Florida law allows policyholders and beneficiaries to file bad faith lawsuits against insurers who fail to uphold their contractual obligations. If your insurer acted in bad faith, you may be entitled to additional compensation beyond the original policy benefits.

Types of Life Insurance Policies

It’s important to understand the type of life insurance policy involved in your claim, as each may have different rules and implications:

• Term Life Insurance: This policy provides coverage for a set period of time (e.g., 10, 20, or 30 years). If the policyholder passes away within the term, the beneficiary receives the death benefit. If they outlive the policy, no benefit is paid unless the policy includes a renewal option.
• Whole Life Insurance: This is a permanent policy that covers the policyholder for their entire life, as long as premiums are paid. Whole life policies also build cash value over time, which can be borrowed against or used as part of an estate plan.
• Universal Life Insurance: This type of policy is similar to whole life insurance but offers more flexibility in terms of premium payments and death benefits.

Why You Need a Miami Life Insurance Lawyer

Dealing with a denied life insurance claim can be overwhelming, especially during a time of grief. Having an experienced Miami life insurance lawyer on your side can make all the difference. At the Law Offices of Jason Turchin, we have a deep understanding of Florida life insurance law and are committed to helping beneficiaries secure the benefits they are entitled to.

We handle life insurance disputes on a contingency fee basis, which means you won’t pay any legal fees unless we win or settle your case. Contact us today at 800-337-7755 or use our live chat feature to schedule your free consultation.

Let us fight for your rights and help you recover the benefits your family needs after the loss of a loved one.