Life Insurance Disputes

Metnick, Levy & Dyson are now accepting disputes involving Life Insurance policies on behalf of consumers and policy beneficiaries. Many of us may have a relative or loved one who was fortunate enough to purchase a policy of Life Insurance for the financial protection of their spouse and/or children. One would think that after purchasing this insurance policy and paying the necessary premiums, sometimes even for many years, that after the policy holder dies, the named beneficiaries of that policy will automatically obtain the monetary proceeds of the policy from the insurance company. Unfortunately though, in many instances, it is not that simple and the insurance company may attempt to avoid payment.

We here at Metnick, Levy & Dyson know that when a life insurance policy holder passes away, their beneficiaries may not be able to collect those life insurance proceeds as easily as one might think. That is because in more and more cases, insurance companies are attempting to either disclaim coverage, or are alleging what is known as a material misrepresentation against the policy holder with one goal in mind - to avoid paying out the full value of the insurance policy. In many instances, this may involve an error, omission, or an allegation that something that was disclosed about the insured’s health history, which often may be of little significance, was untrue.

When given the opportunity to either pay the policy proceeds or not, many insurance companies simply have no loyalty to their policy holders, and instead elect to boost its own profits by not paying on the Life Insurance policy. When faced with such a bleak situation, what should a consumer do?

In 2011, the firm was successful in litigating a Federal court case versus an insurance company which had alleged a material misrepresentation against its insured, claiming that the insured intentionally failed to inform them that he had been diagnosed with cancer prior to the policy going into full force and effect. However, Ken Metnick and Peter Dyson were successful in establishing that the insurance company was wrong, as it had moved up the effective date of the insurance policy to a date when the policy holder had yet to be diagnosed with cancer. After a lengthy litigation, the case resolved for $4,000,000.00.

At Metnick, Levy & Dyson, we are taking on Life Insurance companies to protect the rights and financial interests of insurance policy holders and their beneficiaries. The firm is handling these cases on a contingency fee basis, meaning that no fee or cost will be charged to the client unless there is a recovery. You should feel very confident when retaining our firm in handling your Life Insurance Dispute. Call now for a free consultation.