Over 200 claims were denied by the insurer, even though it had been collecting premiums. The US Department of Labor has accused Prudential Financial of illegally denying over 200 life insurance claims, even after the insurer had continued to collect premiums from the policyholder. This is only the most recent instance of a rash of insurers denying claims customers have paid for. A number of life insurance companies have been found to be denying claims made on policies that have been paid into for years. Many employers include supplemental life…
Read MorePrudential life insurance claims illegally denied says Department of Labor
