A new Florida law mandates that life insurance companies must check whether there are beneficiaries to a life insurance policy when a policyholder dies. The law will apply retroactively. If an insurance company cannot find a beneficiary to turn over the policy benefits, it must then turn over the life insurance policy benefits to the State of Florida. The law is the result of the State of Florida determining that life insurance companies where intentionally not discovering whether policyholders had died and not trying top find beneficiaries.
If you have questions about an insurance claim, you are invited to contact our law firm to speak to an experienced Miami insurance claims attorney. My law firm specializes in representing policyholders in claims disputes in Miami and throughout Florida. Click here to read about some of our case results. The Law Firm of J.P. Gonzalez-Sirgo, P.A. offers free consultations and case evaluations. No Recovery, No Lawyer Fees. Call 305-461-1095 or Toll Free 1-866-71-CLAIM.