I'd like to know how good or bad when Prudential process the claim . Hard to payout ? too many required documentation? fast and response ? always delay the claim ? If you are a current Prudential 's customer,Please give me the comments thank you ?
2006-10-20 11:09:02 · 2 answers · asked by Anonymous in Business & Finance ➔ Insurance
The Advocate is correct, but if there were any misrepresentations...the insurance company only has TWO years to act on those. If after 2 years, they have to pay according to the application. There shouldnt be a lot of red tape. A death benefit is a death benefit as long as it wasnt suicide, drugs or alcohol related, or a crime commited by the insured. Even if it is suicide..before 2 years, the premium has to be returned, and after 2 years, premium plus interest has to be paid. Has a death incurred or are you just looking at different companies??
2006-10-22 04:42:52 · answer #1 · answered by the_accused72 1 · 0⤊ 0⤋
Pru is big, they may try some red tape on a claim if it is big, but they certainly have great ability to pay the claim. I have no personal experience, but knew some Prudential customers now deceased.
You present the death certificate, they decide if any misrepresentations were made on the application that they may want to challenge, then they have 90 days to pay, as per your state insurance commission.
2006-10-20 15:16:47 · answer #2 · answered by The Advocate 4 · 0⤊ 0⤋