Life Insurance Claims – Denials, Delays & Legal Help
Life insurance offers a vital safety net for Canadian families. A valid policy is supposed to provide a tax-free lump sum payment to beneficiaries when the insured person dies. That payment can help cover funeral costs, pay off debts, and support loved ones financially. But getting the insurance payout isn’t always easy. Insurance companies regularly delay or deny life insurance claims, even when the policy appears to be valid. If your life insurance claim was denied, or you’re dealing with frustrating delays, you don’t have to face it alone. Our experienced life insurance lawyers can review...
read moreSuicide and life insurance benefits.
Life insurance normally pays out when the policyholder dies, unless the circumstance of the death fall under a particular exclusion clearly specified in the policy. Life insurance provides a financial safety net that can last for decades. One concern that some insurance shoppers have is that an insurance company won’t pay the death benefit if the policyholder dies. This is usually unfounded as life insurance policies almost always pay out; there are even protections in place if an insurance company goes bankrupt. But are there scenarios where life insurance won’t pay out? For example, does...
read moreLife insurance claim denied for misrepresentations.
On March 3, 2015, the Nova Scotia Court of Appeal upheld the denial of a widow’s application for life insurance benefits following the death of her husband, the insured, because the insured had materially misrepresented his medical history in his application for life and disability insurance. In Linden Estate v. CUMIS Life Insurance Co., an insured applied for life and disability insurance. The application included a supplementary health questionnaire to be completed over the telephone. The questionnaire included questions about the insured’s medical history. The insured was asked whether he...
read more
