Bad Faith Denial of Benefits
Insurance bad faith relates to circumstances when a person covered by a policy attempts to obtain a benefit form the policy without proper cause. On the other hand, insurance bad faith can also be alleged to have been committed by a company that issues policies, when they unreasonably refuse coverage. The types of cases that have an element of fraud or negligence on the part of a policy holder or a policy issuer can involve automotive coverage, health coverage, worker’s compensation and other forms of disability coverage, fire and other property damage coverage and even business coverage
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Frequently Asked Questions
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What Is Disability Insurance?
When you purchase disability insurance, you are purchasing insurance in case you become sick or injured and can no longer work. The idea is that you are "insuring" that in case you … more -
How Much Does Disability Insurance Usually Cover?
While each plan is different, most plans cover between 40-60% of your pre-disability income. Additionally, money you receive is generally tax-free. more -
What Is Insurance Bad Faith?
An insurance policy is a contract that requires an insurance company (the insurer) to act in “good faith” toward you (the policyholder or insured). When an insurer refuses benefits to … more
Legal Articles
- What are 'Acts of God' clauses in insurance policies?
Traditionally, homeowner’s insurance policies have contained an exclusion clause for damages caused by “acts of God”, a catch-all term that covers any sort of act of nature that cannot be controlled, like earthquakes or hurricanes. “Acts of God” also typically include damages as a result of war, i.e. a nuclear war. In recent years, however, there has … more
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