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.
Frequently Asked Questions
If you think your life insurance claim was wrongfully minimized or denied, you probably have many questions about what happens next. Below are the answers to some of the most common questions we hear at our firm.
How Do I Know if I Have a Case?
No two cases are the same, so it’s nearly impossible to judge if a case is viable for court by the sum of its parts unless you’re an experienced lawyer. The best way to know if you have a case is to reach out to a law firm equipped to deal with your case. Simply put, a lawyer is going to be able to give you more information in one quick phone call than you would be able to find out doing your own research. Regarding issues as important as life insurance recovery, the team at Mazin & Associates, PC highly recommends that you speak with a lawyer sooner as soon as possible to fully understand your rights and take the necessary actions.
Why Should I Get A Lawyer?
If a deceased family member took out a life insurance policy and you are being denied the benefits of that agreement, then you need someone to fight for your rights. An important function of life insurance is to provide financial support and relief to the remaining family members when someone has passed away. When that doesn’t happen, you are right to be suspicious about why. In many cases, a lawyer is going to be the best way for you to collect the benefits that you are owed. They can thoroughly analyze your policy, investigate why your claim was denied, and negotiate with insurance agents to try to get you the money you deserve. If the insurance company still refuses to pay out, a lawyer can take them to court.
Are Legal Disputes over Life Insurance Common?
You may find it comforting to know that you are not alone. Many people face obstacles as they attempt to recover the money that a loved one left them through their life insurance plan. To be fair, insurance companies do not always have bad intentions when they delay payment. Furthermore, a delay in payment is not necessarily an outright refusal to pay. In many cases, the insurance company needs to review the technicalities of the plan and weigh the plan’s details against the circumstances of your situation. Even in these cases, having a lawyer stand with you as an advocate can help improve the outcome considerably and speed up the process.
Why Should I Choose Mazin & Associates, PC?
In the aftermath of a loved one’s death, you need to do what if best for you. Our team understands how difficult legal battles over life insurance can be, especially when you are already grieving. Lawyers at Mazin & Associates, PC guide people through tough situations daily, and we pride ourselves in being as communicative as you need us to be. We understand that seeking help isn’t an easy thing to do, but know that we are committed to making sure that you recover the benefits that your loved one left for you. If you would like to speak about your situation with a skilled Toronto life insurance lawyer, we are ready to listen.
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.