“ My Liberty Bankers life insurance claim was denied “, is usually how the conversation starts. Dealing with the emotional loss of a loved one can be compounded by the financial loss of a loved one. The reason many people buy Liberty Bankers life insurance is to leave money for their families and help them maintain their homes, schools and lifestyles. When their Liberty Bankers life insurance claim is denied that security seems lost.
Why Liberty Bankers Life Insurance Claims are Denied
If a Liberty Bankers life insurance claim was denied, often, it’s because the claims department finds discrepancies between answers on an application and records that are obtained after the claim is made. One of the most common discrepancies is related to medical information. Many Liberty Bankers life insurance claim denials are based on a medical misrepresentation. However, the larger the life insurance policy the less likely this is to happen. With large policies Liberty Bankers life insurance will gather all of the applicant’s medical records before they issue a life insurance policy. When a policy is of a smaller amount the insurer will often not request medical records – instead relying on the answers given on the application.
Lapsed Life Insurance Policies Do Pay Claims
Another common discrepancy that will cause a Liberty Bankers life insurance claim to be denied is financial information. In some instances an applicant may appear to have incorrectly stated their financial status – either income, net worth or both. Often times on life insurance applications financial information is based on ballpark figures, not exact numbers. This can be a reason for discrepancies that may cause a life insurance claim denial.
We Can Get Your Denied Life Insurance Claim Paid
We represent the beneficiaries of denied life insurance claims by investigating the reasons behind a decline and then we file an appeal that forces the insurer to pay the claim. We’ve helped our clients recover over $50 million from declined claims and we can help you too.
Why You Need Your Own Representative
When you filed your life insurance claim you were on your own. The insurance company acted for themselves — not you. How will you know what they are allowed to do and what you have to agree to if you want to argue against their denial? Do you know what documents the claims department can ask you for or how long they can take to complete their appeal investigation? We do! As your representative we’ll protect your interests, not theirs, and get your claim paid fast. (888)428-4868
Why Accidental Death Claims are Denied
For Liberty Bankers life insurance policies covering accidental death and dismemberment benefits, an evaluation of the death certificate will be important. Accidental death claims are typically only payable if the death was the direct result of an accident. There cannot be any health issues contributing to the death. If it turns out that existing health issues contributed to an accidental death the Liberty Bankers life insurance claim will likely be denied.
Along the same line of reason, if an accidental death is the result of the insured’s blood alcohol exceeding the state’s legal limit, the Liberty Bankers life insurance claim will be denied. This is known as an exclusion to coverage and will be stated in the policy. Likewise, if the toxicology report indicates an illegal substance, the claim will be denied.
We Work For You
Our experts challenge life insurance companies that refuse to pay and offer free consultations to policy holders who have problems with a life insurance company. The Center for Life Insurance Disputes has over 20 years of focused experience in dealing with life insurance complaints — and a proven track record of recovering money for our clients. By ensuring that the facts surrounding a case are fully investigated and documented, the likelihood of a successful appeal, and getting the entitled money, is maximized.
In many cases a life insurance claim was denied because the claim was not properly investigated. Important details aren’t known by the claims examiner when their decision is made. When we accept a client we do our own claim investigation and uncover all relevant information. Once we have sufficiently established the validity of your claim, we present our claim file to the insurer with a payment demand.
Our results speak for themselves. We take no retainer and only get paid if the claim is paid. Take a moment to read some of our denied claims recovery stories to learn more about our experience and successful results (in the right margin of this page).
Contact Us
If your claim has been denied, please contact us to discuss your options.