Talk of The Villages Florida - View Single Post - Help collecting life Ins. policy
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Old 07-17-2024, 06:04 AM
seecapecod seecapecod is offline
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Quote:
Originally Posted by Northwoods View Post
I'm looking for advice. My friend's spouse passed away last year in a foreign country. The spouse has a sizable life insurance policy with Lincoln Financial, Life Insurance division. My friend tried everything to get this company to pay the policy. They are giving her the run-around. They've told her they need more documents, and when she sends them to the company they come up with another excuse. Now, Lincoln Life is saying they need to "investigate." They won't tell her why or when they will conclude the investigation.
It appears they are stalling so they don't have to pay.
Does anyone have any advice of a government agency that could intervene? She doesn't want to hire a lawyer, because then she has to pay a lawyer to collect the money owed to her.
I work for one of Lincoln’s competitors- her State Department of Insurance is the best recourse. They will work with Lincoln on her behalf to resolve. There are procedures Lincoln will need to follow to respond to the DOI in a timely manner until resolution.