Category Archives: Life Insurance
Life insurance might still be payable after a suicide
McDermott Law recently helped a client settle a tragic case involving his wife’s death and the insurance company’s failure to pay on her life insurance claim. A young couple purchased life insurance to protect them if something terrible were to happen to the other. Less…
3 reasons companies refuse to pay out on life insurance policies
Life insurance is an investment in the security of your closest loved ones. You pay for a policy so that they can afford a funeral for you and so that they can maintain the same standard of living when you no longer contribute to the…
How do beneficiaries handle a life insurance claim?
Life insurance policies serve a vital purpose. When the policyholder passes away, the beneficiaries could immediately file a claim and use the funds to cover numerous financial obligations ranging from funeral and household expenses to a child’s educational costs. Colorado residents might find the claims…
Why are some life insurance claims denied?
It can be devastating for Colorado families to have a life insurance claim denied. Life insurance policies are usually meant to help cover some of the costs of a funeral after the loss of a loved one. When those funds aren’t immediately available it can…
What is a life insurance waiver of premium?
Having life insurance is crucial if you want to protect your family from financial struggle in the event of your unexpected death. A life insurance policy will ensure your family members receive a sum of money when you pass away, as long as you comply…
Some reasons why life insurance claims get denied
Many adults living in Colorado like knowing that life insurance provides them with certain protections. Unfortunately, not everyone who needs it can qualify for it. Sometimes, insurance companies will deny claims. To learn more about why this happens, here are three reasons why life insurance…
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