On behalf of McDermott Law, LLC | May 18, 2020 | Life Insurance
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...
On behalf of McDermott Law, LLC | May 16, 2020 | Life Insurance
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 policy. This will...
On behalf of McDermott Law, LLC | Jun 4, 2018 | Firm News, Life Insurance
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...
On behalf of McDermott Law, LLC | Jun 9, 2017 | Firm News, Life Insurance
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 Read the...
On behalf of McDermott Law, LLC | Sep 14, 2016 | Firm News, Life Insurance
September is Life Insurance Awareness Month. Many life insurance companies and financial institutions use this as an opportunity to contact their insureds and other potential customers to promote their life insurance products. There is no doubt obtaining life...
On behalf of McDermott Law, LLC | Dec 2, 2015 | Firm News, Life Insurance
Don’t Make These Life Insurance Mistakes Life insurance can provide a critical financial safety net for families after a loved one passes. It’s important to understand, however, that what you do when you sign up for insurance – and how you maintain a policy – can end...
On behalf of McDermott Law, LLC | Jan 27, 2015 | Firm News, Life Insurance
Life insurance claim denials can be disheartening, but they are not necessarily the final word in a claim, as beneficiaries can appeal denials when they think that insurance companies have made wrong decisions. In fact, by fighting back after wrongful life insurance...
On behalf of McDermott Law, LLC | Sep 15, 2014 | Firm News, Life Insurance
Here is the conclusion to our blog series Life Insurance Claim Denials: When to Fight Back. Be Prepared to Challenge Life Insurance Claim Denials When… While people should be prepared to challenge insurers when claim denials have been issued due to the various reasons...
On behalf of McDermott Law, LLC | Aug 31, 2014 | Firm News, Life Insurance
Picking up from where Life Insurance Claim Denials: When to Fight Back (Pt. 1) left off, below, we will continue discussing some of the most common circumstances that can lead to life insurance claim denials and when people should challenge these denials to get the...
On behalf of McDermott Law, LLC | Aug 15, 2014 | Firm News, Life Insurance
While your loved one may have taken out a life insurance policy to provide some financial support to you and your family in the tragic event of his or her death, what may compound your stresses after the loss of your loved one can be the denial of a life insurance...
