Life Insurance Lawyer Indianapolis Indiana

Reasons for a denied lapse protection rider upon death can include:

1. The policyholder failed to pay premiums on time or at all, and the lapse protection rider did not cover the missed payment.
2. The policyholder died before the lapse protection rider took effect or before the waiting period specified in the rider ended.
3. The policyholder's death occurred during the contestability period (typically the first two years of the policy), and the insurance company found evidence of fraud or misrepresentation on the application.
4. The policyholder's death occurred due to a cause that was excluded from coverage, such as a war or act of terrorism.
5. The policyholder had a pre-existing condition that was excluded from coverage under the lapse protection rider.
6. The policyholder's death occurred outside of the coverage area specified in the policy or the lapse protection rider.
7. The policyholder's death occurred as a result of participating in high-risk activities that were excluded from coverage.
8. The policyholder died as a result of fraudulent or criminal activities.
9. The policyholder's death occurred as a result of suicide within the suicide exclusion period specified in the policy or rider.
10. The policyholder's death occurred as a result of an illness or condition that was not covered under the policy or rider.