How to claim life insurance benefits?
Insurance companies have an obligation to settle claims promptly. You will need to fill a claim form and contact the financial advisor from whom you bought your policy.
It’s very simple to claim benefits on a life insurance policy. Albeit, you may be getting over the loss of a loved one and you may want an agent to do it for you. But the procedure itself is simple. Call up the insurance carrier and tell them the policy number. You’ll also need to hand over a death certificate to them of the policy owner. According to AccuQuote Life Insurance, the whole process should take 15 to 20 days.
Claiming a life insurance may sound simple, but has various procedures to undergo to claim the money. If an insured person dies out of accident or illness the legal heirs or family members can claim for benefits, most insurance companies provide hot cash but still before you have to file a claim. Immediately after the death of the insurer you have to get the death certificate, a delay in getting the death certificate can cause delay in claiming your death benefits. Victims’ relatives may have immediate need for money to meet the pressing needs, but payments will not be provided automatically. When a policy holder passes on, concerned insurance company must be intimated immediately. Benefits to the insurance holder are usually provided within a week time by provided you should produce a death certificate copy.TmnAdsense.display(options = {‘width’:620,’ad_width’:600,’max_ads’:3,’titleFontSize’:17,’col_margin’:0,’row_margin’:’12px’,’titleFontColor’:’1900FF’,’titleMarginBottom’:0,’descFont