People embrace life insurance for many reasons. For some it’s the constant worry about their family’s wellbeing, for others it’s the many Go Fund Me’s meant to cover funeral costs, and others for the shock on that family’s face when they lost a breadwinner they can’t get rid of. Unlike vehicle or homeowners insurance, life […]
The American free enterprise system has proven to be the most resilient and efficient means of getting consumers the goods and services that they want. But—as we have all learned—free markets aren’t ever risk-free. Even well-established companies can fail during an economic downturn, or even when the business climate looks favorable. Insurance companies are no […]
Life insurance claim denial is more common than most would imagine. Because life insurance companies are in the business of making money, it’s in their best interest to deny as many claims as possible. Unfortunately for the claimant, a life insurance claim denial can be devastating financially and emotionally. However, the good news for victims […]
Most insurance companies put profit margins above their customer’s needs. They will make a lot of money by denying clams—but if they deny claims they should have paid, then they’ll make even more. Here are some of insurance company tricks to deny a claim. Tactics to Deny Claims The underhanded tactics some insurance companies use to […]
When you see commercials for insurance agencies, they talk about ways they can help you. A calm, reassuring voice will promise to take care of you and your family when you need help most. But one thing they almost never talk about is money—and it’s the number one reason insurance companies want you as their […]