If you have a family that depends on you, it’s probably a good idea that you have life insurance. Policies can be remarkably affordable, especially if you’re healthy, and the monthly expense is worth it for the peace of mind alone. That’s why so many Americans go through the sometimes lengthy life insurance process to secure their own policy. And after countless forms, questions, and medical exams, they reach an agreement with the insurance company that in exchange for a monthly premium, their family will receive financial benefits in the event of the policyholder’s death.
Unfortunately, some Texas life insurance company’s aren’t living up to their end of the deal.
Over the past several years, we’ve noticed more and more cases of life insurance company fraud in Texas. If you’re not familiar with the term, it’s when a life insurance company attempts to raise your premiums for the exact same policy you’ve always had, leaving you with a couple options: pay the inflated premiums for no extra benefit or cancel the policy altogether.
If that has happened to you, we suggest you consult with a Texas life insurance company fraud attorney immediately to better understand your rights and options moving forward. It might be possible that you’re the victim of life insurance company fraud, and your next move could determine your family’s future. Don’t let the insurance company take advantage of you. Consult with a lawyer today.