The Cause Of The Insurance Claim Is Denied

Causes Of Insurance Claims Being Denied Insurance Claims Were Rejected By Insurance Companies. Often we hear about this, so it's not a little person who becomes antipathy with the insurance companies, because it does not want the incident experienced by yourself.

Hope someone buys an insurance policy is in order to receive the benefits of the insurance products bought in times of need, so as to avoid embarrassing himself or his family from economic hardship. But not uncommon life insurance companies will refuse to pay insurance claims are filed.

Here are the 3 most common reasons to use insurance companies to reject the claims of the types of life insurance:

1. Suicide, When the insured died of suicide, yet still be in the era of kontestabel (one or two years since the policy was published), then the insurance company reserves the right to refuse to pay protection money.

2. Hurt yourself, On insurance death due to accident (accidental death), there is usually a clause that excludes accidents caused by actions "hurt myself". Insurance companies can reject claim death due to accidents caused by kebut-kebutan on the highway with the reason that kebut-kebutan is the Act of "self-mutilation".

3. Material Misrepresentations, the statement is delivered in an honest at the time of filing of the application process (underwriting), leading insurance company refusesthe application for coverage and did not publish a policy. Misrepresentations can bea revelation of lying about his health history, age, occupation, hobbies from prospective insured. As with suicide, misrepresentations can only be used as a reason for denial of the claim occurred during kontestabel when and only when dealing with death. For example, if the insured has not declared a dangerous hobby at the time of application but later died while doing hobbies associated with that dangerous hobby.

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