Make Sure You Read Your Applications For Insurance

Mike Bryant
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Posted by Mike BryantApril 15, 2009 9:11 AM

There are two times when insurance companies are very interested in the activities of those they insure. They are very interested in ensuring that the premiums get paid and they are again very interested when asked to pay out. Make sure you put your utmost interest in filling out the application.

Don't except advice from agents who act like the application isn't important. Also make sure you think through each question. We see this every once in awhile when a person is denied medical coverage, disability benefits, or life insurance. Sometimes the companies yell fraud, but usually it's just a simple denial, even over a little mistake.

I got thinking about this as I read about a woman who lost out on unemployment benefits after she hadn't disclosed that she had bought with depression. She hadn't filled out her employment application with the information. She was later fired and barred from all coverages.

If you have a dispute over coverage seek out the help of an experienced lawyer who can help you review the denial. Also do your best to review all the questions and answer them the best you can.

4 Comments

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Daniel 8791
Posted by Daniel 8791
April 15, 2009 6:32 PM

I don't think it's right to have to disclose if you've had a bout of depression when filling out an employment application. But if it asks for that info, this would be a reminder to include it even if it may seen embarrassing or negative in the process. The insurors need to know all things asked even if they seem too private or obscure for importance because if the time comes to file a claim, you'll be in a much better boat when "fighting" the insurance company. This article is a good reminder for people on this often overlooked subject; Thanks Mike...

Michael BryantInjuryBoard Attorney Member
Posted by Michael Bryant
April 16, 2009 12:21 AM

It's amazing what they claim after the fact, everyone needs to be careful filling out the forms. Thanks for taking the time to read and comment.

andrea
Posted by andrea
June 04, 2009 12:33 PM

I had disability insurance, long term. When I couldnt work it turned out the contract included that I had to be 'currently employed.' I am using Cobra until my Medicare begins but that isnt employed. If I was currently employed, I would be working.

Mike BryantInjuryBoard Attorney Member
Posted by Mike Bryant
June 14, 2009 3:00 AM

Very sorry to hear that, you should make sure to have a qualified lawyer look at the policy for you. Thanks for taking the time to read and leave a comment.

Comments for this article are closed.

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