Home Glossary Contact Us  
   
 
 
 
News Back
 
How do I file a life insurance claim?
To begin the claims process:

  • Get several copies of the death certificate.

  • Call your insurance agent. He or she can help you fill out the necessary forms and act as an intermediary with the insurance company. (Don’t keep life insurance policies in your safe deposit box. In most states, safe deposit boxes are sealed temporarily upon the death of the owner, which can delay the settlement. ) If you don’t have an insurance agent, or don’t know who the deceased's agent was, contact the company directly.

  • Submit a certified copy of the death certificate from the funeral director with the policy claim. Once the claim is submitted, a settlement should be issued to you shortly. Once a life insurance claim is submitted, you must determine how the proceeds will be distributed. These are some of the options available:

    • Lump sum -- You receive the entire death benefit in a single amount.

    • Specific income provision -- The company pays you both principal and interest on a predetermined schedule.

    • Life income option -- You receive a guaranteed income for life. The amount of income depends on the death benefit, your gender and your age at the time of the insured's death.

    • Interest income option -- The company holds the proceeds and pays you interest on them. The death benefit remains intact and goes to a secondary beneficiary upon your death.
 
 
Find an Agent
Enter City Name:
Useful Links
Homeowners Insurance
Auto Insurance
Life Insurance
Health Insurance
Free Insurance Brochures
Glossary
Recent News
 
In a “Rent to Own” Situation? Get Condo Rental Insurance
The Presidential Memorandum Regarding Hospital Visitation and Decision-Making
Homeowner Insurance Overview - What You Need To Know
Homeowners and Renters Insurance - Don't Take Chances With Mother Nature
Study: Gay marriage bans lead to lack of health insurance
The Gay Ghetto Top 10 for 2008
Reasons For Home Insurance
Homeowner’s Insurance Puzzles: Is This Covered?
Insurance Professionals Dedicated to Serving You!
Auto Insurance for your kids
Archive
 
November, 2010
June, 2010
February, 2010
January, 2010
September, 2009
August, 2009
July, 2009
June, 2009
May, 2009
April, 2009
March, 2009
February, 2009
January, 2009
December, 2008
November, 2008
More
 
 
FAQ | Agents Join | Agents Login |  Link Partner | Privacy Policy | Terms of Use
Copyright © 2017 Gaysurance.com