1. 4249 POINTS
    Gary Lane
    President, Lane Independent Agency, Southern California
    This really is a critical question. But let's ask it in reverse to cut to the chase. Which life insurance company denies the fewest claims? That's what you really want to know, right? The Life Insurance Company that denies the fewest claims, and always resolves gray areas in favor of the insured and their claim, is New York Life. They also are the Life Insurance Company that pays claims the very fastest, usually within one week. I check the daily reports and see just how much is paid out every single day by New York Life. They brag about their quick payment on claims and about not fighting on claims when there is a possible basis to pay. They is one reason New York Life has the very highest ratings, along with its highest financial ratings. You should talk with an experienced agent to make a decision. Remember though that New York Life policies are ONLY sold by New York Life Agents, so do not expect anyone else to recommend them. They simply cannot sell them. Love to hear from you. Gary Lane, Registered Representative and Agent, New York Life, 949 797 2424. Thank you.
    Answered on January 5, 2014
  2. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Life insurance companies do not deny valid claims. Therefore, the life insurance companies that deny the most claims are the ones that offer policies for which people most often lie or omit required information on their applications. This type of misrepresentation happens more often when no agent is involved to explain the policy, fill out the application with the client, or proofread it to be sure nothing was left out.
    Answered on November 25, 2014
  3. 10968 POINTS
    Tim Wilhoit
    Owner, Your Friend 4 Life, Brentwood TN
    This is a really odd question. I am not sure anyone third party tracks these statistics that I have ever found. Life insurance companies are not in the business of denying legitimate claims per se. All life insurance policies have a contestability clause which is usually two years to protect themselves from fraud or suicide. After the contestability phase, it would be hard pressed to deny a life claim. The only scenario that comes to mind is a beneficiary murdering an insured. For an example, a husband killing his wife for the life insurance money. You would be hard pressed to receive benefits, but if the children were contingent beneficiaries, in most cases, they would receive the death proceeds.
    Answered on August 6, 2015
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