The passing of a loved one is always hard on surviving family members. In addition to their grief, there are often concerns over finances. Life insurance benefits available through your employer can help to ensure they are provided for properly. Unfortunately, insurers often attempt to deny or dispute these benefits.
Employer-provided life insurance benefits provide a safety net when a loved one passes. Before filing a claim, carefully review policy documents to familiarize yourself with the terms. If you do not have a copy, the Employee Retirement Income Security Act of 1974 (ERISA) requires employers to provide them free of charge.
In reviewing life insurance-related documents, pay close attention to the following:
Carefully going through all plan information can help to prevent problems in filing and collecting on life insurance benefits. At the same time, not all insurers are created equal. In addition to the above, check your insurance company’s ratings as well. Paying close attention to any consumer complaints that were made in regard to denied benefits.
Whether you are a covered employee, a family member who has recently lost a loved one and is currently filing a claim, or are likely to file one in the future, it is important to be aware of the most common reasons for life insurance denials:
At the Law Offices of Michael Bartolic, we act as a strong legal ally on your side, helping you get the benefits you are entitled to. Call or contact a Chicago life insurance claims attorney online to request a consultation today.
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