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Category Archives: Life Insurance

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Disability insurance: Why you need it in your life

Many people in Colorado are not aware of the importance of purchasing disability insurance. The earning power is perhaps a person’s most important assets and thus, having protection on it is critical to ensuring that your life is not heavily damaged during times of severe…

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The life insurance contestability period

Life insurance claims in Colorado and around the country can be denied for several reasons. Insurers may refuse to pay a claim if the premiums were not paid on time and the policy lapsed, or they may assert that the death was not covered. This…

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What do you need to file a life insurance claim?

Being named as the beneficiary of someone’s life insurance policy may provide you with helpful benefits including financial support and stability. If your loved one has passed away and you are anticipating receiving benefits from his or her life insurance policy, understanding the requirements for…

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What should I know about filing a life insurance claim?

When a loved one dies, you will have many tasks to handle. One of those tasks will be filing a life insurance claim. The Insurance Information Institute explains that when you file a life insurance claim, it helps to know all the details of the…

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Suicide Exclusion and Intoxication – New Colorado Supreme Court Decision Concerning Denied Life Insurance Claim

On June 4, 2018, the Colorado Supreme Court issued its opinion in Renfandt v. New York Life Insurance Company, 2018 CO 49, holding, “under Colorado law, a life insurance policy exclusion for ‘suicide, sane or insane’ excludes coverage only if the insured, whether sane or…

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4 Essential Steps to Take When Filing Claims for Life Insurance Benefits

When you are ready to submit a life insurance claim to an insurance provider, certain steps will have to be taken to ensure the claim is properly submitted and processed. In general, these steps will include (but may not necessarily be limited to): Locate and…

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