What is double indemnity? Double indemnity is an insurance provision that allows a double payout when an accidental death has occurred. It is typically part of accidental death or life insurance policies and provides compensation for surviving family members.
To receive help with your claim and ensure that it is not denied, a Las Vegas wrongful death lawyer can help you navigate the process.
Double Indemnity is Available for These Types of Qualifying Accidents
It is important to understand double indemnity what it is and why does it matter, so you receive the full amount of what you are owed. Double indemnity is only allowed in certain circumstances and applies to accidental deaths that occur within a year of an accident.
Surviving family members who bring forth wrongful death claims in Nevada are generally also those listed as beneficiaries on the insurance policy.
Fatalities from personal injury accidents are common qualifying events for a double indemnity payout. These types of accidental deaths may be caused by vehicle collisions, medical malpractice, defective products, chemical exposure, work accidents, and slip and fall accidents. Other types of deaths that accidents can cause include drowning and choking.
For double indemnity, accidental deaths are not just limited to acts of negligence. They can also be caused by more malicious or intentional actions. A prime example of this would be manslaughter or murder. If your loved one was wrongfully killed in this manner or through negligence, double indemnity can provide benefits to offset the loss you have suffered.
The Purpose of Double Indemnity
The purpose of double indemnity is to provide additional compensation and security to family members in the event that you should die unexpectedly from an accident. Not all insurance companies may offer it, and it is likely an optional add-on. However, it is something worth considering, as it can provide your loved ones with extra peace of mind and security if you die.
Tactics Used by the Insurance Company to Deny a Claim for Double Indemnity
Double indemnity claims can be difficult to resolve without the help of a lawyer. What double indemnity means to the insurance company is that they have to pay more than what is ideal for their bottom line. As such, they are likely to resist paying you the full sum of your benefit and may even try to deny your claim.
To avoid paying a double indemnity payment, insurance companies may try to deny your claim, saying that the decedent’s death was not an accident. They may try to claim that the decedent had a medical condition, engaged in risky activities, was suicidal, or used any number of other non-accidental death reasons to disqualify your claim.
Some other common ways how insurance companies try to reduce personal injury payments include intentionally delaying your claim, claiming a pre-existing condition, or blaming the victim. Given the many ways that insurance companies use to avoid payouts, it is crucial to have a lawyer who can demand that the insurance company treat you fairly.
How Are Double Indemnity Claim Denials Handled
If you have had a double indemnity claim denied, you know how frustrating it is to be barred from benefits in your time of need. This is especially true considering the money that was spent keeping up with the policy’s premium. However, if your claim has been denied, you are not necessarily out of options. First and foremost, you should talk to a lawyer to see what options you have moving forward.
After talking it through with your lawyer, you can proceed with the option that makes the best sense for your situation. You may be able to appeal the decision through the insurance company or file a complaint with the Nevada Division of Insurance if the insurance company continues to act in bad faith. Depending on your situation and your lawyer’s recommendations, other options may also be available.
If all attempts at receiving your double indemnity benefit are unsuccessful, your lawyer may recommend litigation. Pursuing legal action may be the only way to recover the compensatory benefit you are entitled to receive. Your lawyer will guide you through the process and present arguments on your behalf to secure a more favorable outcome.
Documentation Needed to Establish an Accidental Death
Regardless of how you file or appeal your claim, you will first need to provide your loved one’s death certificate to show that they died. You will also need to provide documentation to the insurance company to show that your loved one’s death was accidental. Some of the most common documents that can be used as evidence in these claims are:
- Police report
- Autopsy report
- Medical records
- Statements from witnesses and experts
Having these records can help streamline the process and show that your right to double indemnity is valid. Even if your case goes to court, this information will still be needed to support your claim. Your attorney will also investigate the accident and its details to help gather further evidence as needed. They may also enlist reconstructionists to help resolve your case.
Time Limitations for Recovering Benefits After an Accidental Death
Losing a loved one unexpectedly is painful and all-consuming, making it hard to focus on anything else. However, your eligibility to file a claim is restricted by time limits.
For double indemnity claims, you will most likely have 365 days after the accidental death occurs, but be sure to check your policy. For wrongful death claims, the period of limitations (NRS: Chapter 11 – Limitation of Actions) is two years.
Hire H&P Law to Advocate for You
If you are wondering what double indemnity is and if your loved one’s death is eligible, H&P Law can assess your situation and talk with the insurance company on your behalf to ensure you receive the full payment you deserve.
We will ensure that you are treated fairly and have the support you need during this difficult time. Contact us today to schedule a free consultation with our team.
