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How Does Life Insurance Work in New York State? If you are the owner or a beneficiary of a life insurance policy issued in New York State, this guide will provide you with important information about how life insurance works there. While there are some federal laws governing life insurance nationwide, every state treats insurance … Read more
A life insurance policy may count as a marital asset, depending on what law or laws control the policy. Whether or not it is a marital asset, an insurance policy will be subject to both federal and state insurance law as well as community property law. Life insurance beneficiary rules for spouses and ex-spouses can be … Read more
Life insurance interpleaders are the legal actions filed when there is a dispute over who should be the beneficiary and receive the death benefit. Have you been served with an interpleader complaint? If not, do you think you should be a life insurance beneficiary, but the policyholder did not name you? Were or are you … Read more
Has Your Life Insurance Policy Been Rescinded? Find out from the experienced life insurance lawyers at Boonswang Law how a life insurance policy gets rescinded, and what to do if you are a beneficiary of a rescinded life insurance policy. If your claim for death benefits was denied because the life insurance company rescinded the policy, do … Read more
This article will explain the common ways in which life insurance companies underpay valid beneficiary claims for death benefits and the reasons why. If your claim is denied for a valid reason, there may be a way to negotiate a settlement for part of the claim depending upon the reason that the claim was denied. … Read more
If your loved one died of COVID-19, and you are the named beneficiary of his or her life insurance policy, read this guide for problems to look out for and how you can solve them and get paid. If your life insurance is not paying out, contact us for your free, no-obligation consultation. We have … Read more
Our Life Insurance Attorneys Represent You in the Interpleader An “interpleader” is a legal action that is initiated by the life insurance company when the new beneficiary and the removed beneficiary file a claim for the same death benefits, and the removed beneficiary challenges the change in designation. The purpose of an interpleader is to … Read more
Sometimes the way a loved one dies exacerbates the grief of friends and family members. Autoerotic asphyxiation can be one of those causes of death, but life insurance beneficiaries often have more problems to deal with than their embarrassment or shame when an insured dies that way. Was your life insurance claim denied when the … Read more
People purchase life insurance policies to protect their families and dependents in the unfortunate event of their death. Life insurance policies are valid, legally binding contracts between policyholders and life insurance companies yet between 10% and 20% of claims are denied. So, why is the life insurance company not paying out? Here are 17 common … Read more
The Boonswang Law Firm is pleased to announce that Chad Boonswang has been named one of Pennsylvania & Delaware’s Top Attorneys of 2024, recognized for excellence. The Boonswang Law Firm is pleased to announce that Chad Boonswang has been named one of America’s Top Attorneys of 2023, recognized for excellence. The Boonswang Law Firm is … Read more
