Kadetskaya Law Firm represented a beneficiary who sought payment of a life insurance policy after his sister died. The insured’s daughter contested the designation and claimed that the designation was based on fraudulent documents.
Before contacting us for help, the beneficiary had unsuccessfully tried to persuade the insurance company that the contesting party’s claims had no merit. The insurer delayed payment of the claim for several months.
Our life insurance attorneys were able to get the delayed claim paid within a month. However, the life insurance company failed to pay interest on the delayed claim. We filed a legal demand for payment of interest on the delayed claim and pointed out to the insurer that it was in violation of the state law by not paying interest on the delayed claim. As a result, the interest was paid and our client was satisfied with the prompt resolution.