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Missouri Insurance Denial Attorneys

Insurable Interests in Life Insurance Cases

Your life insurance benefits can be denied for many reasons. Often times life insurance companies will deny your benefit stating that the policy was improper as the individual taking out said policy didn’t have an insurable interest on the decedent.

What is an Insurable Interest?

To establish an insurable interest under Missouri Law, a party is required to show a benefit or advantage from the continuance of the life of the insured. Country Life Ins. Co. v. Marks, 592 F.3d 896 (8th Cir. 2010). In Missouri, an insurable interest in the life of an insured can be based upon three different types of relationships:

  1. A Pecuniary Relationship
  2. A Blood Relationship
  3. A Relationship Based Upon Affinity

We see the most issues arise from the determination of whether there is a pecuniary relationship. While the law in Missouri is constantly evolving, generally speaking a pecuniary relationship can be found in the following circumstances:

  1. A business association for the benefit to the insured and the beneficiary.
  2. One partner in the life of another partner.
  3. The owner of a business in the life of a customer.
  4. A business enterprise in the life of its’ manager.
  5. A creditor in the life of his debtor.
  6. A close friendly relationship.

We have attached a flow chart showing what it takes to establish an insurable interest. If you have been denied because the insurance company is stating that you do not have an insurable interest it is important that you contact an attorney with experience in this area of the law.

Hire an Experienced Insurance Life Insurance Attorney

Our results speak for themselves. Our experienced insurance claim denial attorneys have never lost a case. At Joseph & Eugene, LLC our lawyers handle cases throughout Missouri and Illinois. Don’t delay if you have been denied your insurance claim based on an alleged lack of insurable interest. Contact our knowledgeable lawyers today at (314) 821-1674 or send us an Insurance Denial question. We look forward to hearing from you. All communications are returned promptly.

Our Locations:

10900 Manchester Road, STE 210

St. Louis, MO 63122


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Insurable Interest

If your life insurance claim has been denied for lack of an insurable interest immediately contact the experienced insurance denial attorneys at Joseph & Eugene.