Life Insurance Lawyer New York

In New York, life insurance payments typically take between 30 to 60 days to process after a claim is filed. Working with a life insurance lawyer can further ensure claims are filed properly and avoid unnecessary delays.

If your life insurance claim is denied, you will receive a written explanation from the life insurance company. This denial can be contested, especially if you believe the claim was wrongfully rejected. The life insurance lawyers at Boonswang Law can help you dispute the denial and work toward securing the benefits you deserve.

When a minor is named as a beneficiary in New York, a court typically appoints a custodian to manage the funds until the minor reaches adulthood. Alternatively, a trust can be established to protect the minor’s inheritance. It’s advisable to consult with an attorney to ensure the minor’s benefits are protected.

To find out if your loved one had a life insurance policy in New York, check their personal documents, bank statements, and contact their employer. There is no centralized database for life insurance policies, so searching may be necessary. If you’re unable to find your loved one’s life insurance information, a life insurance lawyer can assist you in locating any potential policies.

Yes, you can share life insurance benefits with your siblings in New York if you choose. However, only the named beneficiary has the legal right to the payout, so any sharing is at their discretion. 

Death benefits can be contested in New York if the beneficiary was changed under suspicious circumstances like fraud or coercion. Proving that the change was made improperly can be challenging, but an experienced life insurance attorney can ensure that any fraudulent actions are brought to light.

If a life insurance policy has lapsed, receiving death benefits may still be possible depending on the circumstances. Some policies have grace periods or options for reinstatement that could affect your eligibility. A New York life insurance lawyer can review the policy details to determine whether benefits can still be claimed.

No, the beneficiary on a life insurance policy cannot be changed after the policyholder’s death. Any such change would be considered fraudulent. If you suspect foul play, it’s important to consult with a lawyer immediately to protect your rights.

Yes, a spouse in New York can contest a life insurance policy, particularly if there are questions about the policyholder’s intentions or if the spouse was recently removed as a beneficiary. Legal grounds for contesting may include evidence of fraud, duress, or mental incapacity at the time of the change.