In Texas, there are situations where a life insurance company may rescind a policy. This means that the life insurance company not only denies a claim, but that it asserts that the policy will not be honored. Rescission is different from cancellation. Cancellation normally arises when premiums are not paid and the coverage lapses. Insurance […]
When Should You Contest A Life Insurance Beneficiary?
WHEN ARE YOU PERMITTED TO CONTEST A LIFE INSURANCE BENEFICIARY? There is no hard and fast rule that states when a person can contest a life insurance beneficiary. The decision to contest is often situational. Has something happened that makes you believe a beneficiary designation is invalid? In many cases things like a divorce, a […]
My Insurance Case Wins Million Dollar Judgment
We are pleased to announce that we have won a significant judgment on behalf of a client located in Odessa, Texas. The case was pending in the United States District Court, Western District of Texas. It originated as an interpleader action initiated by a life insurance company. The primary dispute was whether a life insurance […]
An Ex-Spouse Is Claiming Life Insurance Payout: What Are Your Options?
It is not uncommon for there to be competing claims for life insurance benefits between a recently widowed spouse and a former spouse. For the people seeking life insurance benefits, these disputes are emotional and different. These disputes typically occur when the deceased spouse neglected to change the beneficiary after a divorce. The rules on […]