The Life Insurance Company Denied My Claim for Benefits. What Should I Do?
If you submitted a claim for life insurance benefits and the insurance company denied it, or only paid partial benefits, then the next best step would be to hire an attorney. The attorney will determine why the claim was denied and then work to get you the benefits you are entitled to.
How Do I Pay the Life Insurance Attorney?
Life insurance attorneys work on a contingency fee basis. That means that the attorney’s fee is paid only when benefits are recovered on the life insurance policy. The fee is a previously agreed upon percentage of the benefits recovered. If no benefits are recovered, then the client is not responsible for paying the attorney any fees for their time or work.
Additionally, life insurance attorneys will pay costs associated with the case (such as a filing fee for a lawsuit). If the case is successful, then the costs will be paid from the benefits recovered. If the case is not successful and no benefits are recovered, then the client is not responsible for reimbursing the attorney for the costs.
This way, there is no financial risk to you.
How Much is the Percentage/Fee?
Fees will vary from attorney to attorney and firm to firm. However, it is typical for attorneys to charge up to 40%. This is because it is a highly specialized area of the law that requires special expertise.
Help from a Lawyer with Expertise in Disability Insurance
Disability insurance law is complex. Hiring an experienced disability attorney is important. Because all disability lawyers at this law firm focuses on disability insurance claims, we have expertise in disability insurance law.
- We have experience with every major disability insurance company;
- We have a proven track record of success by winning major disability lawsuits;
- We have recovered millions of dollars in disability benefits for clients;
- We never charge fees or costs unless our clients get paid.
The firm can help at any stage of your disability insurance claim, including:
- Submitting a disability insurance claim,
- Appealing a long-term disability denial,
- Negotiating a lump-sum settlement, or
- Filing a lawsuit against your disability insurance company.
Because federal law applies to most disability insurance claims, our lawyers are able to represent clients across the country.
Call us at (800) 969-0488 to speak with an experienced disability attorney. Enjoy a free consultation and pay no fees or costs unless you get paid.