Insights

Most life insurance policies being sold today include a set of benefits known as Living Benefits or Accelerated Benefits. These are for Terminal Illness, Critical Illness and Chronic Illness. There’s a huge lack of understanding about how these benefits work and how much they payout. Most people think that any diagnosis of cancer will qualify for a critical illness benefit payout. Likewise, most people think that any autoimmune illness will qualify for a chronic illness benefit payout. They won’t. It’s

Critical Illness Claim Help Who needs critical illness claim help? Everyone who will file a claim. Critical illness insurance claims are much more complicated than many people realize. People think that if they’ve been diagnosed with cancer or had a traumatic brain event they can file a critical illness claim and it will automatically be approved. This belief is wrong. Every claim is individually evaluated by the insurance company’s claim examiner and subject to limitations, exclusions and deductions. Many policyholders

Critical Illness Claim Pays $520,000 after policy lapsed, reinstated, contested and miscalculated. In both a moral and financial victory for our client we were able to secure a $520,000 critical illness claim payout from a life insurance policy that the insurance company had cancelled due to lack of premium payment. We got the policy reinstated without having to provide any evidence of insurability – even after 3 months of being lapsed — well beyond the 30 day grace period. We