Case ID: 1967 | Insurance | 02/07/2003
The Paul Revere Life Insurance Company Charged with Purposely Denying Disability ClaimsKahn Gauthier Swick is investigating any possible lawsuit claims against The Paul Revere Life Insurance Company, a subsidary of the largest disability insurance company in the U.S., for wrongfully denying claims, or for ending benefits on claims they had originally approved. Shocking revelations have emerged about The Paul Revere Life Insurance Company policy of telling its workers they had to shut down enough claims to meet monthly targets in the millions of dollars. This case is for The Paul Revere Life Insurance Company, click here if you would like more information about this lawsuit. Paul Revere Corporation provides individual, non-cancelable disability insurance in the United States and Canada. The company also markets group life and dental insurance, individual life insurance and annuities. Paul Revere also offers several annuity products, including tax-sheltered retirement vehicles. Individual disability insurance accounted for 64% of 1995 revenues; group insurance, 20%; financial products, 11% and individual life insurance, 5%. What is Risk Insurance? Risk insurance intended as protection against the financial consequences of the death of the insured person which takes the form of payment of a previously agreed lump sum or pension to a beneficiary, if the insured person dies during the term of insurance. In the case of pure life insurance, without any endowment insurance component, no payments are due if the insured person survives the term of insurance. Kahn Gauthier Swick is prosecuting cases in which The Paul Revere Life Insurance Company has failed to honor claims that should have been covered. If you have been denied a claim by The Paul Revere Life Insurance Company, please complete a case form for a free case review. |
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