Toronto Life Insurance Lawyers
In many ways, purchasing life insurance is an act of true selflessness. The owner of the life insurance policy will never see any bit of the insurance money, yet they pay higher premiums throughout their life to ensure they can still help their family from beyond the grave. Sadly, many predatory life insurance agencies will thoroughly scrutinize every small detail to deny a claim so that they can minimize their costs and maximize profits, despite the financial ruin it may cause for families.
At Mazin & Associates, PC, we believe that people purchase life insurance in good faith and expect that their insurance provider will take care of their family. When these companies do not stick to their agreement, our Toronto life insurance lawyers will take legal action to ensure that families receive their fair compensation. Contact our office at (416) 625-2122 to learn more about how we can help with your life insurance dispute.
Why Families Need Life Insurance
Denials create countless more headaches for families who have recently seen a loved one pass away. In addition to their emotional distress, they now face increased financial burdens, such as finding ways to pay for the funeral ceremony, cremation, or burial out of pocket. No purchaser of life insurance would knowingly lie on their insurance file and risk losing their family’s insurance fund. This monetary sum is meant to handle expenses relating to death and create a comfortable life for a family. Some of the most common allocations of life insurance money include:
- Burial expenses
- Existing medical expenses
- Mortgage payments
- Estate fees
- Purchasing life necessities
Many families only purchase life insurance for the primary wage earner. This approach ensures that, even if the main wage earner passes away, the family will still be financially supported. In the event of a life insurance denial, a family now loses the bulk of the household income and the money that was meant to support them.
Contact a Life Insurance Lawyer
If you are denied the life insurance money that your deceased family member purchased for your sake, you still have many legal ways to recover it. At Mazin & Associates, PC, we are dedicated to helping families obtain their life insurance fund so that they do not face financial ruin. Nothing upsets us like seeing large insurance agencies taking advantage of mourning families. Our Ontario life insurance lawyers only represent victims – we do not work for insurance companies. Contact our office at (416) 625-2122 to speak with a member of our legal team about your case.