Life Insurance Lawyer Casper Wyoming

A denied life insurance claim is very stressful, but our top Casper Wyoming life insurance lawyers are here to help.

Five common reasons for denied life insurance claims include:

Material Misrepresentation: One of the primary reasons for denied claims is material misrepresentation on the application. If the insured provided false information regarding their health, medical history, lifestyle habits, or any other relevant details, the insurer might reject the claim. For instance, if the insured failed to disclose a pre-existing medical condition or misrepresented their smoking status, the insurer may deny the claim based on the breach of contract.
Policy Lapse: If the policyholder fails to pay the premiums on time and the policy lapses, the coverage terminates, leading to denied claims. Even a brief lapse in premium payments can result in the loss of coverage, leaving beneficiaries without the intended financial protection. It's crucial for policyholders to stay vigilant about premium payments to ensure continuous coverage.
Cause of Death Exclusion: Some life insurance policies contain exclusions for specific causes of death. If the insured dies as a result of a cause explicitly excluded in the policy, such as participating in hazardous activities or suicide within a specified period after the policy inception, the insurer may deny the claim. Beneficiaries should carefully review policy terms to understand any exclusions that may apply.
Investigation Uncertainty: Insurers conduct thorough investigations to assess the validity of claims, especially in cases of suspicious or contested deaths. If the insurer encounters uncertainties during the investigation or finds discrepancies in the information provided, they may delay or deny the claim until further clarification is obtained. This process can prolong the settlement period and cause distress for beneficiaries.
Policy Contestability Period: Most life insurance policies include a contestability period, typically the first two years after policy issuance, during which the insurer has the right to investigate and contest claims based on misrepresentation or undisclosed information. If the insured dies within this period, and the insurer discovers material misrepresentation or non-disclosure that could have influenced the underwriting decision, they may deny the claim or adjust the benefit amount accordingly.

2023-2024 Casper Wyoming Denied Life Insurance Claims Resolved

ING denied life insurance claim $20,000.00
Anthem COVID 19 death denied $34,000.00
Manufacturers Life commission of crime $320,000.00
FEGLI denial of life claim benefits $311,000.00
Erie interpleader lawsuit ex-spouse $85,000.00
Shelterpoint contestable period delay $11,000.00
FG life appeal of life insurance benefits $240,000.00
ARMY SGLI beneficiary dispute $403,290.00
Pacific Life alcohol exclusion $150,000.00
Casper Wyoming denied claim $104,000.00
Stonebridge dangerous activity exclusion $219,000.00
Horace Mann grace period issue $50,000.00
Mutual Security contestable period $33,000.00
GPM life foreign death denied death certificate $150,000.00
North American Life exclusion $25,000.00
Genworth beneficiary dispute $108,000.00
Country Life visit to emergency room $66,000.00
SGLI Navy change of beneficiary designation $402,700.00
ALCPA Life act of war exclusion $10,000.00
Mony Life medical records denial $26,000.00
National Western Life misrepresentation $41,000.00
Amalgamated Life intoxication exclusion $10,500.00
Texas Service Life heart attack denied $52,000.00
General American long delay of payment $91,000.00
Horace Mann grace period of premium $76,000.00
Advantage Capital Partners suicide gun $54,000.00

Interpleader Lawyer Casper Wyoming

Here is an example of a life insurance interpleader when children dispute a life insurance claim going to the spouse:

John, a married man with two adult children from a previous marriage, passed away unexpectedly. He had a life insurance policy naming his current spouse, Sarah, as the primary beneficiary. However, John's children from his previous marriage, Jane and Michael, contest Sarah's right to the insurance proceeds, claiming that they are entitled to a share of the money.

Sarah insists that John intended for her to receive the entire benefit of the life insurance policy to cover expenses and provide financial security for her after his passing. On the other hand, Jane and Michael argue that they are entitled to a portion of the proceeds as John's legal heirs and beneficiaries.

Facing conflicting claims from both parties, the insurance company decides to file an interpleader action in court. In this legal action, the insurance company acknowledges that it is uncertain about who the rightful beneficiary is and seeks court guidance on how to properly distribute the insurance proceeds. The insurance company deposits the funds into the court's custody and names Sarah, Jane, and Michael as defendants in the interpleader lawsuit.

As part of the interpleader process, Sarah, Jane, and Michael would each have the opportunity to present evidence and arguments supporting their claims to the insurance proceeds. The court would then review the evidence and make a determination regarding the rightful beneficiary or the appropriate distribution of the funds.

By initiating an interpleader action, the insurance company avoids the risk of being held liable for paying the wrong party and ensures that the insurance proceeds are distributed in accordance with the court's decision. This legal process helps resolve disputes over life insurance claims when multiple parties have conflicting claims to the policy benefits.