Boonswang Law Has A Team of Experienced Florida Life Insurance Lawyers Who are Ready to Fight for You
Contact a Florida Life Insurance Lawyer at Boonswang Law to Schedule a Free Consultation
For decades, our team of knowledgeable and skilled life insurance attorneys has helped beneficiaries throughout Florida with their life insurance claims. Unfortunately, it is common for life insurance companies to delay or deny life insurance claims in order to make money for their Shareholders. Our Florida life insurance lawyers investigate the alleged reason or reasons the life insurance claim was denied, get to the bottom of the matter, and get our clients paid. Don’t take no for an answer!
Boonswang Law is proud to serve Florida with a dedicated team of life insurance lawyers ready to help you. Our clients come from throughout Florida, including but not limited to:
- St. Petersburg
- Port St. Lucie
- Cape Coral
- Fort Lauderdale
- Pembroke Pines
- Coral Springs
Why Can A Life Insurance Claim Be Denied In Florida?
Just because someone has a life insurance policy doesn’t mean that their beneficiary will automatically receive death benefits after their death. There are several reasons in Florida why an insurance policy may refuse to pay death benefits.
Lack of Documentation: If you are the beneficiary of a life insurance policy, you may be responsible for providing proof that the insured has passed. This proof can often be something like a certified death certificate, an obituary, or a bill from the funeral home.
Unpaid Life Insurance Premiums: Life insurance policies generally have a premium that must be paid each month in order to maintain coverage. Failure to pay that premium can cause coverage to lapse, resulting in a claim for death benefits to be denied. However, it’s important to note that a missed premium may not automatically mean that you are no longer eligible to receive death benefits. If you feel that a life insurance company has unfairly denied your claim over an unpaid premium, contact a life insurance lawyer at Boonswang Law today. There are many circumstances under which a lapse in coverage happened unfairly to the insured, and we can get the beneficiaries paid.
Self-Inflicted Injuries: All life insurance policies have exclusions to coverage. Deaths that are the result of self-inflicted injuries tend to be excluded from coverage. With that being said, you should certainly hire an attorney if you suspect that the insurance company is wrongfully attempting to claim that the insured’s death was due to self-inflicted injuries or suicide.
Retroactive Cancellation: There are instances where an insurance company will try to cancel a claim after the insured’s death in an attempt to avoid paying the beneficiary. Reasons for retroactive cancellation include misrepresentation on the initial application and medical questionnaire. Boonswang Law has extensive experience dealing with these types of cases and can help you. Frequently, the alleged misrepresentation was not the fault of the insured or was not related to the cause of death, and we can get those beneficiaries paid.
READY TO TALK TO AN ATTORNEY ABOUT YOUR LIFE INSURANCE BENEFITS?
What to Expect When You Hire a Florida Life Insurance Lawyer at Boonswang Law
If you’ve never worked with a life insurance lawyer, you might not know what to expect. There are lots of benefits to hiring a life insurance lawyer instead of trying to handle issues with a life insurance claim on your own. Below are some ways a Florida life insurance lawyer can assist you:
- Review the terms of the policy to explain coverages and exclusions
- Review denial letters or any other documents you’ve received from the life insurance company to see why your claim has been denied or delayed
- Investigate the alleged reasons for the life insurance claim denial
- Pursue your claim in court if necessary
Frequently Asked Questions About Life Insurance in Florida
WHO CAN CHANGE THE BENEFICIARY ON A LIFE INSURANCE POLICY IN FLORIDA?
In general, the insured is the only person who can change the beneficiary on a life insurance policy. This means that the beneficiary cannot be changed after the insured’s death. In some instances, a person who has power of attorney for the insured may be able to make changes to the policy.
HOW LONG DO I HAVE TO DISPUTE A LIFE INSURANCE CLAIM DENIAL IN FLORIDA?
Typically in Florida, you will have up to five years after your life insurance claim was denied to file a dispute. If you need help with submitting your dispute in a timely manner, contact a Florida life insurance lawyer at Boonswang Law.
WHAT HAPPENS WHEN A LIFE INSURANCE CLAIM IS DENIED?
If you’ve filed a life insurance claim in Florida that was denied, the life insurance company will send you an explanation letter. If you’d like to contest the rejection, we highly recommend hiring a life insurance lawyer who can help protect your interests.
WHAT HAPPENS WHEN A MINOR IS LISTED AS THE BENEFICIARY OF A LIFE INSURANCE POLICY?
In some cases, a minor will be listed as the beneficiary on a life insurance policy. If that person is still a minor when the insured dies, the courts will likely appoint a custodian to oversee the minor beneficiary’s death benefits. The insured can also choose a custodian.
Since not much can be done to stop the custodian from using the minor’s inheritance for their personal benefit. It is often best to set up a trust and designate the minor as the beneficiary of the trust. We suggest hiring an estate planning attorney to help you understand the legalities of setting up a trust.
HOW WILL I KNOW IF MY LOVED ONE HAD A LIFE INSURANCE POLICY?
There is no nationwide online database that lists every person who has a life insurance policy. If you think your loved one might have had a life insurance policy, there are a few things you can do. If possible, contact their employer to ask about benefits, attempt to find life insurance documents in your loved one’s paperwork, or look at bank statements for evidence of paid life insurance premiums.
Please note: if you are the beneficiary of a life insurance policy, you are responsible for notifying the insurance company of the insured’s passing.
CAN I SHARE LIFE INSURANCE BENEFITS WITH MY SIBLINGS?
If you are the only person listed as the beneficiary on a life insurance policy but would like to share your benefits with siblings (or anyone else for that matter) there’s nothing to stop you from doing that. However, additional people cannot be added as beneficiaries after the insured’s death.
CAN DEATH BENEFITS BE CONTESTED IF THE BENEFICIARY WAS CHANGED RECENTLY?
Policyholders are allowed to change beneficiaries while they are alive as long as they are of sound mind and not under duress. For that reason, last-minute changes are usually not easy to contest unless you can prove that these changes were made fraudulently.
Irrevocable beneficiaries, however, are generally the exception. This term usually refers to the insured’s spouses and children. Divorce or estrangement cannot remove this status. An irrevocable beneficiary must consent to all policy changes that affect their benefits. Some policies may require them to approve all changes.
If an insurance company says you were removed as an irrevocable beneficiary from a life insurance policy, this change can likely be contested.
CAN I STILL RECEIVE DEATH BENEFITS IF THE INSURANCE POLICY HAS LAPSED?
Even if a policy has lapsed its beneficiaries may still be eligible to receive benefits. Our experienced team of life insurance lawyers at Boonswang Law can help you understand what you may be entitled to as the beneficiary of a lapsed policy.
CAN THE BENEFICIARY ON A LIFE INSURANCE POLICY BE CHANGED AFTER THE POLICY HOLDER’S DEATH?
No. The insured is the only person who can make changes to their life insurance policy. Exceptions may sometimes be made for someone with power of attorney over the insured. If you receive any documentation showing that the beneficiary has been changed after the insured’s death, it is most likely fraudulent.
CAN A SPOUSE CONTEST A LIFE INSURANCE POLICY?
There are some circumstances that allow the insured’s spouse to contest the life insurance policy. A life insurance lawyer can explain your rights as the deceased’s spouse or former spouse.