Credit disability insurance is insurance offered by lenders (banks and credit card companies) that will make payments on your debt if you can’t work because of illness or injury. This type of insurance is available in connection with home mortgages, loans for purchase of big ticket items (cars, motorcycles, boats, etc.), and credit card debts. Credit disability insurance is usually paid for by a monthly fee that is added to your loan or credit card payment. Typically, if you become disabled, the insurance will make your payments for a limited time of only 12 to 24 months. People who buy credit disability insurance expect that by paying the monthly fee, they will be protected in the event of a disability. The truth is that people are frequently and unknowingly abused by this system. They pay their monthly fees, only to have their claims denied or learn that the coverage is much less than expected. As a skilled Credit disability insurance claim denied attorney, Jonathan M. Feigenbaum, Esquire, provides effective legal representation to people who are fighting to get their disability credit insurance providers to live up to their obligations.
We Protect People Who Are Victimized by Unfair Practices of Banks and Credit Card Companies
Banks and credit card companies use a variety of bad faith insurance practices to deny credit disability insurance claims. For example, they delay or deny payment for no good reason or pay you less than you are entitled to under your policy.
Our law firm is well versed in the tactics banks and credit card companies use to wrongfully deny our clients the coverage they paid for. If your claim for credit disability insurance has been denied, talk to a Credit disability insurance claim denied lawyer to learn your options. It is worth your effort to look into it.
We handle claims involving companies such as:
- American Express
- CUNA Mutual
- Bank of America
- Stonebridge Life Insurance Company
- Wells Fargo
- Balboan Insurance
- State Farm
- National Union Fire Insurance Company of Pittsburgh