Policy Underwriters at Principal Financial Group
Our Insurance Attorneys Help You Pursue a Fair Outcome
Founded back in 1879, Principal Financial Group, Inc. is a global investment manager with a diverse range of services. They have more than $530.2 billion in assets under their management, serving nearly 20 million customers across the global. They are considered the leading provider of defined benefit retirement plans, ranked number four for non-medical insurance coverage, and claim to be one of the world’s most ethical companies on their website.
Despite this, heir disability policy underwriters have frequently denied valid claims for policy holders. If you have had your claim denied, tell us more in a free case evaluation!
Looking Back at the History of Principal Financial Group
Based in Des Moines, Iowa, Principal Financial Group was founded more than 135 years ago as Bankers Life Association. In 1909, the business was reorganized into a mutual life insurance company and issued its first health insurance contract in 1941. Finally, in 1985, Bankers Life Association changed its name to Principal Financial Group to better represent all of its global financial services it provides.
There are six different business units held under this name:
- Retirement & Investor Services
- Global Asset Management and Real Estate
- International Operations
- Life, Disability and Group Health Insurance
- Specialty Benefits and Wellness
If you have a policy under the Life, Disability and Group Health Insurance section, it is important that you understand your rights if your claim is ever denied by Principal Financial Group. Arnold & Itkin is here to explain the laws surrounding your case, your legal options, and any other concerns you may have.
Has Your Claim Been Wrongfully Denied?
Determining if your claim was wrongfully denied by an insurance provider can be challenging without any legal knowledge or background. What factors should you look for? How soon can you file? Do you need a lawyer? All of these questions may begin to weigh you down before you even figure out whether or not you have a possible claim.
You may have been a victim of bad faith insurance practices if Principal Financial Group, Inc.:
- Denied or refused to pay your valid claim
- Unreasonably delayed the payment of your claim
- Provided underpayment of the policy amount provided to you
- Cited laws or regulations incorrectly to avoid paying you
- Failed to properly investigate your valid claim
Remember, you don’t have to navigate this time on your own. While it may seem overwhelming, our insurance claim lawyers can review your case and help you decide what steps to take next. Over the years, Arnold & Itkin has recovered more than $1 billion for our clients, earning a respected reputation and proven track record. We are more than prepared to stand up to major insurance companies for our clients.
Don’t wait to get counsel for your disability insurance claim! Contact our Houston firm today to get started.