Anyone know how long it take to process the paper work before we can get the money from life insurance if someone die?The Funeral Service have to pay before they do it.
2007-02-12 03:27:54 · 5 answers · asked by colorado 3 in Business & Finance ➔ Insurance
When my grandma died, it took almost 2 weeks before my dad could collect the money from her insurance policy. Just make sure that the beneficiary is the one going to collect (with proper ID) otherwise they won't let you have it.
2007-02-12 03:54:41 · answer #1 · answered by *Melody->Chase's Mom 6/28 4 · 0⤊ 0⤋
It shouldn't take long. As others were saying, as long as the two year contestibility period is up and there aren't any questions on the part of the life insurance company they should cut you a check rather quickly. The best thing to do is call the life insurance company and ask.
2007-02-12 03:55:09 · answer #2 · answered by Byron Udell 2 · 0⤊ 0⤋
in case you insure your individual lifestyles and devote suicide, the coverage corporation won't pay out. The coverage is a settlement between you and the coverage corporation and you have destroyed the region count of the settlement. If somebody else has a financial activity on your lifestyles and that they insure you, the coverage corporation commonly will pay out, yet no longer if the affiliation became made understanding your purpose to devote suicide - that ought to be fraud.
2016-12-17 14:50:51 · answer #3 · answered by foote 3 · 0⤊ 0⤋
You can get an advance within a week, for a partial amount. If it's cut and dried, usually within 30 days.
2007-02-12 06:11:28 · answer #4 · answered by Anonymous 7 · 0⤊ 0⤋
as long as there is no investigation or questions, it should be 2-3 weeks.
2007-02-12 03:32:11 · answer #5 · answered by ricks 5 · 1⤊ 0⤋