Articles Posted in life insurance claim denial

Understanding New Jersey’s Incontestability Clause: NJ 17B:25-4
Jason Turchin, Esq.

New Jersey Statute 17B:25-4 provides crucial protections for life insurance policyholders by stipulating that life insurance policies become incontestable after a specified period, except under certain conditions. This legal provision helps ensure that after two years from the date of issue, the validity of a policy cannot be challenged by the insurer, giving policyholders peace…

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Navigating NJ 17B:25-11: Timelines and Procedures for Life Insurance Claim Settlements in New Jersey
Jason Turchin, Esq.

Life insurance can provide crucial financial support to beneficiaries upon the policyholder’s death, but understanding the process for claiming these benefits may be vital. New Jersey Statute 17B:25-11 outlines specific provisions regarding the payment of claims, including required timelines for insurers to settle claims or notify claimants of any issues. This article breaks down these…

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