Expose: Insurers Dodge Payouts
Thursday, March 3, 2011 at 7:47PM Bloomberg has a feature story on insurance companies refusing to pay valid claims. According to the article, insurers will find creative reasons to deny claims. These denials pay off, because beneficiaries often don't consult attorneys or want to fight a legal battle. The abuses are particularly common when the policy is purchased through an employer. Those policies are covered by the Employee Retirement Security Act, better known as ERISA. Unfortunately, life insurance claim denials are not uncommon in Texas.
Texas Life Insurance Claim Denial Attorneys

Reader Comments (1)
Buy life insurance, only if you have sufficient financial means and the ability to take risk. It is just like any other investment, the investment component of such a policy is relatively expensive to acquire, since the price includes the commissions of the people who will manage the investment for you.
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buy life insurance