The top life insurance lawyers at our firm life insurance claims due to portability issues.
An employee who receives group life insurance from their employer can keep that plan as long as they are actively working. However, if an employee quits, retires, or works part-time, they may lose their group coverage. In such situations, the employer or the insurer must inform the employee that they have the option to convert their coverage to an individual plan that offers the same benefits by a certain deadline. This is called portability. If the employer or the insurer fails to notify the employee who left the job about their portability rights, the employee may lose their coverage and the insurer may use this as an excuse to reject their life insurance claim.
You may have a valid claim for group life insurance benefits if you think that your claim was wrongly rejected because of failure to convert coverage. A life insurance portability lawyer can help you understand your rights and get your life insurance payout. Our law firm has the expertise to handle these cases and knows what obligations employers have.
If your life insurance claim has been denied, you need a lawyer who knows how to challenge the insurance company and protect your rights. Our lawyers have extensive experience in handling denied life insurance claims and can help you get the benefits you deserve. We know the tactics that insurers use to avoid paying claims and we can counter them with effective strategies. We have successfully represented clients in cases involving:
Some of the common reasons why life insurance claims are denied are:
Our life insurance portability lawyers have handled thousands of cases and won.
Some cases include these issues:
The life insurance portability lawyers at our firm will fight and win.
The life insurance lawyers at our firm know how to win these cases.
Don’t go to another firm that doesn’t know how to resolve these cases.
We work on a no fee unless we win basis.
Top questions regarding portability
Life insurance portability is a feature that enables qualified employees to keep their group life insurance coverage when they change or lose their jobs. Employees who choose to port their policy become responsible for paying the premiums themselves. A ported policy is typically a term life insurance policy that lasts for a certain duration as long as the premiums are paid. The policy has no cash value and only pays the death benefit if the insured passes away within the coverage period.
Life insurance portability allows employees to maintain their group life insurance coverage when they switch or quit their jobs. Employees who port their plan take over the payment of monthly premiums to the insurer from their employer. The policy is a term life insurance policy that stays active as long as the premiums are paid until the age limit in the contract.
Our life insurance lawyers should be contacted immediately.
Life insurance portability is a feature that lets employees keep their group life insurance coverage when they leave their jobs or retire. Employees who want to port their policy have to apply for it within the deadline specified in the policy. The employer is responsible for informing them of the coverage end date. If they want to continue with the same coverage, they usually have a portability period of 30 to 60 days to apply and pay the first premium after leaving their jobs. The coverage termination date may not be the same as the employment termination date.
You need to call to collect
Does plan include portability?
Did the employer go with this option?
You can’t port more than you had. Typically you need 10k minimum to port.
Portability and conversion are two options for keeping life insurance coverage after leaving an employer. The main difference is that portability changes the group plan into an individual plan that lasts for a limited time and gets more expensive each year. Conversion changes the plan into a permanent plan that has a fixed cost and lasts for the insured’s lifetime.
Material misrepresentation on the portability application is a big issue.
Portability is an option for keeping life insurance coverage after leaving an employer. It means changing the group plan into an individual plan that lasts for a limited time and gets more expensive each year. However, portability may not be available if the employee made a material misrepresentation on the portability application. A material misrepresentation is a lie or omission that concerns an important or substantive matter. For example, if the employee did not disclose a pre-existing medical condition or a risky lifestyle habit on the application, the insurer may consider that a material misrepresentation. If the insurer discovers the material misrepresentation, it has the right to deny the life insurance claim and rescind the policy. This means that the policy is canceled and the insurer does not have to pay the death benefits to the beneficiary. The insurer may also refund the premiums paid by the employee, but this does not compensate for the loss of coverage. A material misrepresentation can also be grounds for criminal insurance fraud, depending on the circumstances.
If you are a beneficiary of a life insurance policy that was denied due to material misrepresentation on the portability application, you may have legal options to challenge the denial. Not all misrepresentations are sufficient to support a denial of coverage, and there may be circumstances where the insurer acted in bad faith or violated the law. Our lawyers fight and win.
Don’t let the insurance company deny you. We fight for you, and we win.
The consultation is free. We also work on a no fee unless we win basis.
Make sure you contact us as soon as possible.