There are two steps to take if your life insurance claim was denied due to the non-payment of the premium:
The first step in the process of getting back on track with payment is to contact your insurance agent. Request an application for reinstatement. It’s their job to investigate why your premium wasn’t been paid and they should be able to answer any questions about how best to proceed after reviewing your situation thoroughly.
If the insurance company tells you reinstatement of your policy isn’t an option, you should consult with a reputable attorney such as Fulmer Sill We’ve helped several of our clients get the denied claim reversed by proving it was an oversight by the life insurance company and no fault of the insured. In certain circumstances it helps to have a qualified attorney well versed in insurance law to communicate on your behalf, making sure your life insurance company is acting in good faith.
If you’re aware of a lapse in your life insurance policy, be diligent and get the issue handled right away. In the event of your death during this time, you’ll leave your beneficiaries with the headaches in trying to obtain the money that would’ve been easily available to them to pay for any arrangements and money that you wanted them to have in general.