Unlike individual life insurance, which requires rigorous underwriting to assess risk, group life insurance from employers does not require underwriting. Employers offering group life insurance allow new employees to enroll immediately without providing evidence of insurability (EOI). The reasoning is that a new employee is likely to be healthy, and the risk of adverse selection is low. […]
If you murder someone to collect their life insurance, are you barred from receiving the proceeds? That would seem to be a simple question, but it isn’t if the Employee Retirement Income Security Act is in the picture. […]
Many employees receive group life insurance coverage as a benefit of their employment. But what few employees understand is that life insurance coverage does not necessarily end when employment ends. […]
Everyone knows the expression “no good deed goes unpunished.” Unfortunately, that maxim is often true, as shown by Hogan v. Zuger, Kirmis & Smith PLLP, 2024 WL 28706, 2024 U.S. Dist. LEXIS 1353 (D. N.D., Jan. 3), a decision recently issued by a federal court in North Dakota. […]
Proximate causation is a key issue in tort litigation, but it is also an important issue in accidental death insurance claims, as shown by a recent ruling from a federal court in Texas. […]
Most employee benefit claims involving long-term disability are insured by disability insurance companies. As a result of industry consolidation, there are now only a handful of long-term disability insurers that underwrite group long-term disability insurance. […]