Life Insurance and Coronavirus: Do Policies Cover Deaths From the COVID-19 Pandemic?
Millions of people have died due to the COVID-19 pandemic worldwide leaving grieving families, many of them under financial stress. For those of them whose loved ones owned a life insurance policy, a new question arose - does life insurance cover...
Waiver of Premium Riders: What to Do If Your Claim for Life Insurance Benefits Has Been Denied
Riders are designed to personalize a life insurance policy so that it better meets the insured’s needs to protect their beneficiaries. One such rider is a waiver of premium, which enables the policyholder to avoid a policy lapse if they become...
Lapsed Life Insurance Policies: What to Do If Your Claim Was Denied Due to Non-Payment of Premiums?
In order for a life insurance claim to be paid, several requirements must be met: there must be valid coverage at the time of the insured’s death, the beneficiary must produce a certified copy of the death certificate and file a notice of claim,...
How Life Insurance Payout Works: What Beneficiaries Must Know About Receiving Death Benefits
Life insurance has become one of the most popular long-term financial planning tools. To use it effectively, you need to know how and when life insurance payouts are made to beneficiaries and how quickly benefits will be paid. This article will...
How Long Is Too Long When It Comes to Waiting for Life Insurance Payouts? Our Lawyers Explain How to Get Your Death Benefits on Time
The death of a loved one can put the family under financial stress. While coping with the loss, the last thing you need is to worry about whether you will be paid the death benefits or if they will be paid on time. A life insurance claim that has...
What to Do If Your Life Insurance Claim Is Denied: The Complete Plan to Appeal and Win
People obtain life insurance policies as part of financial planning for their loved ones’ future. Life insurance protects those who rely on the insured’s ongoing financial support and will suffer in the event that this support is withdrawn....