Transamerica Life Insurance Claim DenialA denied claim is one where an insurance company refuses to pay because it believes the insured or policy owner did something wrong. For example, the insurance company may argue that the policy owner failed to timely pay premiums, the insured person didn’t disclose pertinent medical information during the application process, or some other reason allows them to break their promise to pay the claim.
Life insurance companies are obligated to pay claims timely, usually within 30 to 90 days after they receive a valid claim and proof of death. The exact deadline is set by the laws of each state. A delayed claim is one where the insurance company has not paid a claim within the time limits set by law. Sometimes the delay is legitimate, and sometimes it’s not. There can be significant penalties if the delay is improper.
Typical Reasons for a Denied Transamerica Life Insurance Claim
If your Transamerica life insurance claim was denied, we will fight to get you the full amount of the policy. Green Mountain Law Firm SEO 104 W Main St Suite 2 Bloomsburg, PA 17815 (570) 273-0898 Serving all types of attorneys including but not limited to personal injury, life insurance, DUI, bankruptcy, family/divorce, immigration, maritime, nursing home, probate, real estate, business/tax, etc firms. Experts in generating exclusive leads that turn into quality cases for attorneys since 2010.
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February 2022
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