Orlando Life Insurance Lawyers

Life insurance is often a crucial safety net for many families, providing financial security after the loss of a loved one. However, the process of claiming life insurance benefits can be challenging, especially when insurance companies deny, delay, or dispute claims. If you are facing difficulties with a life insurance claim in Orlando, the experienced attorneys at the Law Offices of Jason Turchin can help you navigate the complexities of life insurance law and fight for the compensation you deserve.

Our Orlando life insurance lawyers are dedicated to helping beneficiaries recover the benefits owed to them. Whether your claim has been denied due to alleged misrepresentation, policy lapse, or other reasons, we are ready to review your case and take action. Call us today at 800-337-7755 for a free consultation, or use our live chat feature. We work on a contingency fee basis, meaning you won’t pay any legal fees unless we win or settle your case.

Common Reasons for Life Insurance Claim Denials in Orlando

Life insurance companies often deny claims for a variety of reasons, many of which may be disputed with the right legal assistance. Below are some of the most common reasons for life insurance claim denials in Orlando:

1. Material Misrepresentation

Insurance companies frequently deny life insurance claims on the basis of material misrepresentation. This occurs when the policyholder allegedly provided false or incomplete information on their life insurance application, such as failing to disclose a medical condition, tobacco use, or risky activities. If the insurer determines that this information was material to their decision to issue the policy, they may deny the claim.

2. Lapsed Policy Due to Non-Payment

One of the most common reasons for claim denials is a lapsed policy. If the policyholder missed premium payments and the policy was allowed to lapse, the insurer may argue that there was no coverage in effect at the time of death. However, there are situations where this denial can be challenged, such as if the policyholder was within a grace period or if there were extenuating circumstances like illness or disability.

3. Exclusions for Certain Causes of Death

Life insurance policies often contain exclusions that limit the conditions under which a death benefit will be paid. These exclusions may include deaths resulting from suicide (within a certain period after the policy is issued), acts of war, drug use, or engaging in hazardous activities. If the cause of death falls under one of these exclusions, the insurer may deny the claim.

4. Contestability Period Denials

Most life insurance policies include a contestability period, typically the first two years after the policy is issued. During this period, the insurer has the right to investigate and contest any claims based on the accuracy of the application. If a policyholder dies within this period, the insurance company may scrutinize the claim more closely and potentially deny it if discrepancies are found.

5. Disputes Over Beneficiary Designation

Conflicting beneficiary claims can also result in delays or denials of life insurance benefits. If there are disputes over who the rightful beneficiary is, such as in cases of last-minute changes to the policy or conflicting designations in a will, the insurance company may refuse to pay out until the dispute is resolved.

How Our Orlando Life Insurance Lawyers Can Help

If your life insurance claim has been denied or delayed, our Orlando life insurance lawyers can help you navigate the claims process and pursue the benefits you are owed. Here’s how we assist our clients:

1. Reviewing the Life Insurance Policy

Our team can thoroughly review the life insurance policy, the denial letter, and any correspondence with the insurance company to determine whether the denial is valid. We can evaluate the policy’s terms and identify any potential legal issues that could be used to challenge the denial.

2. Investigating the Denial

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

3. Filing an Appeal

If the insurer wrongfully denied your claim, we can help you file an appeal and present evidence to support your claim. Our goal is to negotiate a fair settlement and recover the benefits you are entitled to without having to resort to litigation.

4. Litigating the Case if Necessary

If the insurance company refuses to reverse its decision or engage in fair negotiations, we are prepared to take your case to court. Our experienced life insurance attorneys have litigated many cases on behalf of beneficiaries and are ready to fight for your rights.

Life Insurance Claims and Florida Law

Florida law provides protections for life insurance policyholders and beneficiaries. Here are a few important legal factors that can affect your life insurance claim in Orlando:

Statute of Limitations

In Florida, there is generally a five-year statute of limitations for filing a lawsuit related to a life insurance claim. This means that beneficiaries generally have five years from the date of the policyholder’s death or from when the claim was denied to pursue legal action. It is often crucial to take action as soon as possible to preserve your right to compensation.

Bad Faith Insurance Claims

Under Florida law, life insurance companies are prohibited from acting in bad faith when handling claims. Bad faith occurs when an insurer fails to uphold its obligations by wrongfully denying, delaying, or underpaying a valid claim. If the insurer acted in bad faith, beneficiaries may be entitled to additional compensation beyond the death benefit.

Different Types of Life Insurance Policies

There are several different types of life insurance policies, and the type of policy in place can impact the claims process. The main types include:

• Term Life Insurance: Provides coverage for a specific period (e.g., 10, 20, or 30 years). If the policyholder dies within the term, the beneficiary is entitled to the death benefit. If the policyholder outlives the term, no benefit is paid unless the policy is renewed.
• Whole Life Insurance: A permanent life insurance policy that remains in effect for the policyholder’s entire life, as long as premiums are paid. Whole life insurance also builds cash value over time, which can be used as collateral for loans or other financial needs.
• Universal Life Insurance: Similar to whole life insurance, but with more flexible premium payments and death benefit options. Universal life policies also build cash value, but the amount can fluctuate based on the policy’s investment component.

Understanding the type of policy involved is important for addressing issues like premium payments, policy lapses, and cash value withdrawals.

Why You Need an Orlando Life Insurance Lawyer

Dealing with a denied or delayed life insurance claim can be overwhelming, especially when you are grieving the loss of a loved one. Having an experienced Orlando life insurance lawyer on your side can make all the difference. At the Law Offices of Jason Turchin, we have extensive experience handling life insurance disputes and are committed to helping our clients recover the benefits they are owed.

We handle life insurance claims on a contingency fee basis, meaning 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 secure the benefits your family needs after the loss of a loved one.