Migliaccio & Rathod LLP is investigating whether Colonial Penn failed to adequately identify deceased policyholders and timely locate beneficiaries entitled to life-insurance benefits.
Reported Issues
Beneficiaries report:
- Not learning about Colonial Penn policies until years after the insured’s death.
- Delayed benefit payments.
- Difficulty obtaining policy information.
- Lack of communication from the insurer.
- Concerns that policy proceeds remained unpaid despite available death-record information.
Why Individuals Should Be Concerned
Potential claims include:
- Breach of contract
- Bad-faith claims handling
- Unfair claims-settlement practices
- Failure to locate beneficiaries
- Wrongful retention of benefits
- Economic loss
Signs You May Be Affected
- A loved one owned a Colonial Penn policy.
- Benefits were not paid promptly after death.
- You were not contacted regarding available benefits.
- Significant time passed before a claim was paid.
- You believe the insurer should have located beneficiaries sooner.
If you have encountered these issues, we would like to hear from you. Please complete the contact form on this page, send us an email at [email protected], or give us a call at (202) 470-3520.