Disputing life insurance beneficiaries requires a legal case presented in court. This is not something the life insurance company can do, even if your claim seems valid. Only the courts have the legal right to make a change to a life insurance policy after the policyholder’s death.
Occasionally, there are situations wherein one may want to or need to contest life insurance policies. The situation could be that your husband or wife dies and never updated their life insurance policy to reflect you and your children together as beneficiaries, and thus, you do not get a payout despite feeling that you are rightfully entitled to it. Another situation wherein people often want to dispute life insurance is when a very old or very ill person updates the beneficiaries on his or her life insurance when they are close to the end of their life. Many argue that the individual who changed the terms or beneficiaries on their policies were not of sound and healthy mind when they did so.
When to Consult a Lawyer
When you are in a situation and you feel you need to dispute the terms of a life insurance policy, going to the insurance company may not actually be your best option. If the policy holder on the account has already died and their death benefits have been paid out or will soon be paid out, the only course of action you can take is legal action. If the holder of the policy has died, make sure you speak to an experienced attorney with specialty in life insurance disputes and healthcare policies in general, as they will be the individuals who can best advise you.
What to Consider Before You Contest a Life Insurance Policy
Before you start the process of disputing a life insurance policy, there are a few things you should consider.
- First, a dispute may take a very long time, and if you are in desperate need of the death benefit money, you may need to speak to the beneficiary rather than go through a lawsuit.
- Second, these types of lawsuits can be costly, so make sure you have the resources in order to actually fight the fight.
- Lastly, remember that the best way to avoid one of these legal cases is to have good communication with the policyholder while they are still alive. It is much easier for them to make changes to the terms of their policy before they pass on.
If you’re a beneficiary who believes you improperly were denied a life insurance claim, contact Herrman & Herrman PLLC attorneys as soon as possible!
CONTACT HERRMAN & HERRMAN IF YOU HAVE BEEN INJURED IN ANY OF THE FOLLOWING TYPES OF ACCIDENTS:
We can help you if you have been harmed by the following:
- Car accidents – Our lawyers have extensive experience handling car accident cases. We will work to identify the party or parties at fault for the crash and build a case to demonstrate persuasively how the parties caused the accident and your injuries. We will seek fair and full compensation through a negotiated settlement or at trial if necessary.
- Truck accidents – Thousands of large commercial trucks travel the roads of Texas every single day. Unfortunately, careless truck drivers and trucking companies disregarding safety put innocent people at risk of serious injuries. If you’ve been injured in a truck accident, let our experienced Texas personal injury lawyers stand up to the trucking companies and insurers on your behalf.
- Motorcycle accidents – Motorcycle riders often suffer grievous injuries in crashes caused by other motorists. Too many motorcycle accidents in Corpus Christi are caused by careless drivers who don’t look for motorcycle riders or violate their right of way. Our personal injury lawyers will work to cut through the bias and stigma against motorcycle riders. Our goal is to seek the financial compensation that you’ll need to recover from a serious motorcycle accident and injuries such as bone fractures, road rash, or traumatic brain injury.
- Product liability – Product manufacturers have a legal obligation to make products that are safe for their intended uses and to warn consumers of any risks that may come with the product. When products have design or manufacturing defects or undisclosed dangers, the product manufacturer may be legally responsible for injuries suffered by consumers. Our attorneys can help you evaluate whether you have a valid product liability claim.
- Brain injury – Brain injuries can leave accident victims with disabilities that leave them unable to work or perform many tasks of daily living. Seeking compensation for a brain injury in an accident often proves incredibly complex. The brain injury survivor may seek compensation for anticipated future medical care and the medical care already provided. Our personal injury lawyers can help you through the difficult recovery process following a brain injury and will fight to make sure you have the resources you need.
- Spinal injury – Spinal cord injuries could cost millions of dollars of care over the course of the victim’s lifetime, especially when those injuries result in partial or complete paralysis, such as paraplegia or quadriplegia. If you or your loved one has suffered a spinal cord injury, you deserve compassionate legal representation. Our attorney can help you determine whether you may be entitled to claim compensation for your injury and expenses related to living with the disability, such as making a home more accessible.
- Wrongful death – If you have lost a loved one due to the negligent or reckless actions of another party, your family deserves to seek accountability and compensation from those at fault for the wrongful death. Our caring and dedicated attorneys can help guide you and your family through this difficult and painful time and seek justice for your loved one.
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