The 3-year-old daughter of the deceased star of The Dark Knight has been involved in a legal battle over her father’s $10 million life insurance policy since last year. ReliaStar Life Insurance Company refused to pay out on the policy, claiming that Ledger’s death may have been suicide. The policy did not cover death by suicide.
The life insurance company has recently agreed to pay Ledger’s daughter an undisclosed settlement. This seemed inevitable, since investigators determined Ledger’s overdose to be accidental at the time of his death.
The settlement helps ReliaStar Life Insurance Company avoid paying punitive damages and attorney fees in the bad faith insurance lawsuit filed by Ledger’s daughter’s attorneys.
Sadly, insurance companies are guilty of this type of dishonest conduct on a regular basis. Many insurers are happy to accept your premiums on a monthly basis, but once it comes time to make good on the policy, they look for every possible loophole to avoid paying out.
We trust that insurance companies are going to honor the terms of our policies in the event of a catastrophe. When insurance companies fail to do so, they are guilty of bad faith practices and can be held liable in a court of law.
If you have a bad faith insurance claim in the Oklahoma City or Tulsa, Oklahoma area, please contact Carr & Carr Attorneys at Law today to schedule a consultation.
