Understanding the Settlement Process on a Life Insurance Claim

As the old saying goes, there is nothing guaranteed in life except death and taxes.  Whether you are a young family that has life insurance to protect your dependents in the event of an untimely death, or whether you have invested in whole life as an investment vehicle, one thing is certain:  you or your loved ones will at some point have to deal with the insurance company in the form of a claim.  The first step is to notify the company and provide any necessary documentation needed, such as a death certificate as well as a claim settlement form.  You will also need to submit a written intimation, which is the same thing as notification but includes specific information required by the insurance company.

This entry was posted on Monday, June 17th, 2013 at 6:09 pm and is filed under Insurance. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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