I was obviously injured at work, why would an insurance company deny my workers compensation benefits?
An insurance company is responsible to make a financial profit for its stockholders. An insurance company does not make a profit by paying out claims without contesting them. An insurance company receives premium payments from its policy holders, like employers, and invests the money it receives in the stock market. Insurance is merely legalized gambling. The insurance company bets that it can make enough interest, or appreciation, on the premiums that it has invested to pay any claims that it is finally forced to pay. The longer an insurance company delays paying those benefits, the more interest that the insurance company makes on its investment. The injured worker needs a qualified, aggressive law firm and attorney, with a reputation for obtaining excellent results for their clients, to force the insurance company to pay the benefits the injured worker deserves.
Related Questions
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- I was obviously injured at work, why would an insurance company deny my workers compensation benefits?
- Once my workers compensation benefits are started, can the insurance company stop them for any reason?
