How to Fight Back Against Insurance Companies

In most cases, you will file an insurance claim after a traumatic event. Unfortunately, you may your insurance company refusing to pay after an event like this. This can be an extremely frustrating experience, so it’s important that you fight back. Many people choose not to argue with their insurance company because they assume that the company is right. However, in most cases, the insurance company is simply looking for a way to pay you less money or not to pay you at all. This is why you should know what to do when your claim gets denied. After all, you should do everything that is in your power in order to get the money that you’re entitled to.

The first thing that you’ll need to do is insist on a written explanation. Keep in mind that insurance companies are required to provide you with a written explanation of why your claim has been denied. If they don’t comply, then it’s safe to assume that they’re hiding something. If you need assistance with fighting back your insurance company, then you should visit your insurance agent at work, since they will be able to assist you.

It’s worth mentioning that insurance companies often get out of paying due to innocent mistakes or omissions. This is why you’ll need to be extremely cautious when you’re filing your insurance forms. Otherwise, companies may use rescission to deny a life or health insurance claim. In order to avoid these problems, you will need to be totally honest when you’re answering the questions on the forms.

Keep in mind never to omit information or lie in order to get a lower premium. Of course, it’s a must that you read everything before you sign the application. If you’ve found out that your insurance company acted in bad faith and wrongfully denied your claims, then you should seek legal help.

It’s worth noting that insurance companies will always check into the history and health of the policyholder in case the life insurance claim is made just a few years after the policy was taken out. In the event that they find some serious health issues that weren’t mentioned in the application, you can be sure that they will deny the claim. Nevertheless, if the inaccuracies weren’t intentional, you can always try proving that in court.

Insurance companies often use errors made by an employer to deny a life insurance claim. In most cases, people will seek life insurance through their employer, since it provides them with an affordable and easy way to get it. Apart from being responsible to explain the benefits to their employees, your employer is also tasked with filing everything properly with the insurance companies. If any errors get made, these companies can try and deny the claim. However, it’s important to remember that you can and should fight back and demand your claim be honored.

Life insurance claims sometimes get denied if a person is no longer listed as the beneficiaryThis can happen after a divorce or other similar event. If you’re filing a claim for your spouse with whom you previously got separated, then you may not be the legal beneficiary anymore. Nevertheless, if your divorce wasn’t finalized or if you’re spouse had an obligation to maintain life insurance in order to cover child support, then you’d probably be able to fight back against your insurance company and win.

The most important thing that you’ll need to remember is that just because your insurance company denied your claim doesn’t mean that they win. There’s always a way to fight back and there are numerous options available even after your claim gets denied. Of course, it’s a must to seek legal help before going forward.