How Long Does It Take For Life Insurance To Be Paid Out?
10968 POINTSview profileTim WilhoitOwner, Your Friend 4 Life, Brentwood TNIt really depends on the customer service level and procedures of the your particular life insurance company. Regardless it is fairly quick. All carriers will require a certified copy of the death certificate and usually a short form, one or two pages, with some details. Most all life insurance companies will pay their death claims in a very timely manner once this documentation is in place.Answered on May 5, 2014flag this answer
4249 POINTSview profileGary LanePresident, Lane Independent Agency, Southern CaliforniaHere is where the rubber meets the road. A high quality life insurer will handle the vast majority of claims within a 7 day period. Submit all the information needed and a check should be presented by the end of a week. If there are any questions, or any delays in giving the information to the insurance company, expect a few days more. Ultimately, your choice in picking insurance companies is a direct reflection on how long your family will have to wait to see their money (if ever). Thank you. GARY LANE.Answered on May 5, 2014flag this answer.JPG)
63333 POINTSview profilePeggy MaceMost of the U.S.State life insurance commissioners monitor companies to ensure that life insurance proceeds are paid out in a timely manner. The beneficiary should receive the life insurance death benefit within two months of submitting the completed death claim and the insured person's official death certificate to the life insurance company.Answered on May 5, 2014flag this answer
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