Insurance companies often get a bad reputation when it comes to claims, and many times it’s warranted. You pay into a policy for years because you expect to be covered in the event of an accident or emergency. However, when you ask the insurance company to live up to their end of the bargain, they either refuse your claim or refuse to pay the amount you deserve. As personal injury lawyers, accident victims turn to us to negotiate with the insurance company on their behalf to get them the compensation they are entitled to.
A number of Texas families are in a fight with the insurance company right now, but it’s not over an injury claim. It’s called life insurance company fraud, and here’s how it works. You purchase a life insurance policy and even though you keep the policy in good standing, you receive a notification that your premiums are skyrocketing, leaving you with three options.
- Pay the inflated premiums for the same policy.
- Cancel the policy.
- Wipe out the life insurance policy savings you’ve accumulated.
For someone just trying to provide for their family long-term, none of those options make sense. Luckily, there’s a fourth option: call a lawyer. After discovering what these life insurance companies were doing to unsuspecting Texans, our firm immediately decided to provide legal help to victims. If you’ve been the victim of life insurance company fraud, consider calling an experienced attorney to talk about your rights.