We recently procured a death claim approval in only 8 weeks for a contestable claim where the insured had diabetes, liver disease and hepatitis. This is the type of claim that could take 9 to 12 months to pay. This is why you should never file a life insurance claim without the help of a professional advisor.
This insured had many health problems. The more health problems an insured has, the more challenging a claim becomes. With this life insurance claim there were medical records at four different healthcare providers. Our team of professionals reviewed hundreds of pages of doctors’ notes, tests and evaluations.
For anyone under the impression that getting a death claim paid is as simple as submitting the claim forms and waiting for the insurer to pay, they are wrong. With a contestable life insurance claim the insurer will look for any evidence that gets it out of paying the claim. It’s their right. Through their eyes they investigate dates, vague records, bad handwriting, interpretations, and incomplete information, looking for their “out”.
Through our eyes we look for evidence that the claim should be paid. We also investigate dates, vague records, bad handwriting, interpretations, and incomplete information looking for their “in”.
Would this claim have paid without our efforts? No. There were too many red flags and significant health problems that the insured had. The beneficiary had no idea how to address these things nor what would be important to the claims investigator at the insurance company. We do.
Would this claim have paid-out in 8 weeks without our efforts? No. Contestable claims with hundreds of pages of medical history from 4 different healthcare providers do not payout in 8 weeks unless a professional, with industry-based knowledge of the claims process, prepares the claim.
Did the client complain when he had to pay us? No.
Contestable life insurance claim paid in 8 weeks.