Life insurance can be claimed by the beneficiary of the policy.
The procedure is to present a claim form and proof of death to the life insurance company. If the policy is over 2 years old or it has been over 2 years since last reinstatement that is usually all that is needed. If the policy is less that 2 years there maybe an investigation period before the claim is paid.
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
If you would like to work with a local life insurance broker, you could start with a Google search. For example, if you search for: life insurance broker Halifax or life insurance agent Halifax, my name, along with several others, will come up. You can use the same method to find a life insurance broker in your community.
To claim a death benefit requires the primary beneficiary to contact the life insurance company in which the policy was written. They will send out a short death claim form to be filled out along with a certified copy of the death certificate. Once this is received and there are no suspicious circumstances of death, the claim should be paid within a couple of weeks.
President, Lane Independent Agency, Southern California
OK now, are you the beneficiary? Were you listed as the beneficiary on the policy. If so, the rest is easy. You just need to produce a death certificate for the deceased, sending it to the carrier, as they will request when you contact them. You can obtain this from the coroner, attending doctor, hospital, funeral home. or if you wait, from the county. Talk with the carrier. They should not be there to delay but to help you, especially in this time of grieving. Thank you. GARY LANE.
That is a great question! If you are the beneficiary, then you are the only one who can file the claim to receive the death benefit. Contact the insurance company, and file a claim. They will send you a form that needs to be completed, and sent back, along with a copy of the death certificate. Once the claim has been processed, the funds are released. I hope that helps. Thanks for asking!
Ordering a certified death certificate in a timely manner is important, as it will take a while for the death certificate to come in. You can call the life insurance company to report the death and obtain the paperwork for your claim while you are waiting on the death certificate to come in. Then file it per the instructions on the claim packet. You should find the claims staff at the life insurance company to be very helpful, and many of you will have an agent who can help you. The funeral director for the deceased can also be a wonderful resource.
.JPG){kind=avatar}
The procedure is to present a claim form and proof of death to the life insurance company. If the policy is over 2 years old or it has been over 2 years since last reinstatement that is usually all that is needed. If the policy is less that 2 years there maybe an investigation period before the claim is paid.
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
If you would like to work with a local life insurance broker, you could start with a Google search. For example, if you search for: life insurance broker Halifax or life insurance agent Halifax, my name, along with several others, will come up. You can use the same method to find a life insurance broker in your community.