will I need to sue new york life to get death benefits?
My mom died during the contestable period and I’ve provided all the information to the insurance company. last week I was told that all medical records have been received and that it should take about 14 days to review and for them to let me know if they’re paying out or not. today my brother called and they told him they waiting for more records from another hospital. I’m thinking they’re giving us the runaround and maybe it’s time to hire an attorney. is there anyone who have some advice?
that is pretty standard when someone dies during contestible period. The insurance companies want to check medical records to make sure all health issues were disclosed at time of application.
If you think there may be a problem with not all records being disclosed at application time, get an attorney…otherwise you may want to wait a little longer to see what the insurance company says first before incurring legal expense
that is pretty standard when someone dies during contestible period. The insurance companies want to check medical records to make sure all health issues were disclosed at time of application.
If you think there may be a problem with not all records being disclosed at application time, get an attorney…otherwise you may want to wait a little longer to see what the insurance company says first before incurring legal expense
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What the hell is wrong with everybody today? Everybody is so hell=bent to sue, even before all the facts are in. Why not just want and see what happens.
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Are you kidding me? You want to sue because medical records are being ordered? That’s completely standard and should be expected. Since you know your Mom passed during the contestable period, you should expect this.
When records are received, many times, the records disclose other information that leads to another doctor or another diagnosis. They will go looking for anything that indicates there was a problem prior or during the application process.
The insurance company is waiting on the medical records and will continue to do so in order to conclude their research. This is not the "runaround" it’s standard procedure. Be patient. You’re dealing with one of the top insurance companies in the nation and they are following the rules spelled out in the insurance contract. There’s absolutely no reason to be concerned.
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Owner of an insurance and financial services agency. Former life and health underwriter. Over 22 years experience.
No – you need to wait and let the system work. The insurer is within its rights in requesting all medical records.
By the way, to sue successfully, you must have suffered a loss due to the negligence or wrongdoing of another party. You have suffered no loss at New York Life’s hand.
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Your mother died during the contestable period. Obviously, she had some health issues, which might have voided the policy, if they were not listed on the application.
It’s too early to hire the attorney – you have to wait until you have the denial letter.
But hiring an attorney is no guarantee that you’ll actually GET any death benefits – especially if the insurance company has prior medical records, that PROVE she had something, or was treated for something, that she didn’t disclose, on her application. So you’d be throwing your money away.
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