Claims Being Rejected
In the event of a Life Insurance insurance company rejecting a claim it can because of a number of reasons. The insurance underwriter will have considered everything down to the last detail.
Sometimes the insurance companies refer claims to their chief medical officers, and senior underwriters who can then asses the case even further and may be able to give a more appropriate decision on the claim that has been submitted to them. The underwriting process varies from company to company but this can generally take between 2 and 7 days.
Within this time the underwriters are accessing the policy for either acceptance of the application or in the event of a claim. If the policy is in application stage the underwriters may chose to increase a policy premium if there are any issues or they may even decide to exclude any pre existing conditions. All decisions will be put into writing and you can choose whether or not to accept the offered terms.