Experienced Oklahoma Life Insurance Denial Attorneys
Has your life insurance claim been denied?
When a loved one dies, families are often unaware that life insurance benefits even exist—let alone where the actual policy is located. This can be a serious problem because many policies have very strict time limits within which to submit claims. In addition, there are “Proof of Loss” forms, insurance papers, supplemental documents, and other legal hurdles.
Types of Life Insurance Policies
- Term Life: This policy provides coverage for a pre-defined time—usually 10 to 30 years. It is a more affordable form of coverage but does not have a cash value.
- Whole Life: This is the most common form of permanent insurance policies—providing cash benefits to beneficiaries upon death. This coverage comes with a guaranteed cash value to the policyholder.
- Universal Life: This plan is more flexible than whole life and provides a savings cash value account earning a rate of interest. The policyholder can adjust the amount of their death benefit—as well as their premium payments—as needed.
- Return of Premium (ROP): This form of life insurance does not have cash value but can return an equal amount to the premiums paid during coverage approaching the end of the premium period.
Life Insurance is Big Business
While these policies are designed to provide financial support in the event of a death, some of the nation’s largest life insurance companies are known to withhold benefits from many beneficiaries. If you have lost a loved one, make sure you get the life insurance benefits that take care of your family, children, and loved ones. Many times, these benefits are essential to your own well-being, comfort, and support.
If you or a loved one has been denied life insurance benefits, call Graves McLain right away at 918-359-6600. When you call one of our experienced Tulsa, Oklahoma Life Insurance Benefit attorneys, we will speak with you for FREE and determine the best course of action.
We review every detail of your situation at no cost to you and fight hard to protect your rights. Trust our team, we are here to help. At Graves McLain, you will never pay an attorney’s fee upfront, and you owe us nothing until we win your case. At Graves McLain, we don’t get paid until you do.
Graves McLain, Serious Lawyers for Serious Injuries