if a person gets lost in a plane crash........will his/her family get its claim??????? if yes how much???????
2007-08-05 04:08:07 · 10 answers · asked by tinggipinggi 1 in Business & Finance ➔ Insurance
No way of knowing, too many variables.
2007-08-05 12:06:46 · answer #1 · answered by Anonymous 7 · 0⤊ 0⤋
Well, if the "Lost" person had a life insurance policy, they may be declared legally dead after a set amount of time. What that time is, I have no idea, it is different based on country of origin, country of "lost", state, etc.
If you have "Lost" someone, sorry. If they have a policy that you think you can collect on, call the insurance agent they bought the policy from. The agent should have a pretty good understanding of what the intention of the policy is and will be able to help you out. If you don't know who the agent is, look for cashed checks or receipts in with the insurance paperwork. Still no luck with the agent, call the insurance company directly. They will help you out. If you have a valid claim, they will pay. They will NOT however feel sorry for your situation (not matter what it is) and pay something that they are not obligated to pay.
Good Luck!
2007-08-05 12:47:14 · answer #2 · answered by JJ 5 · 0⤊ 0⤋
"lost" is not a valid claim. Millions of Americans are lost and have no valid insurance claim of any sort for themselves or their families whether they are on a plane, in a train, on a boat or in a moat. If it were a commercial flight, remains would have to be found for a valid "death claim" to be made. Then, the person would have to have had some form of life insurance to be cashed in or the airline would have to proven negligent is some way for a suit to be brought against them in a federal court by the surviving family for any monetary value to arise from the "death" of the person.
2007-08-05 08:34:50 · answer #3 · answered by PLzHeLPMe 3 · 0⤊ 0⤋
Are you talking about the liability claim against the airliner or the life insurance claim because of a potential death?
2007-08-05 15:49:59 · answer #4 · answered by Phil 5 · 0⤊ 0⤋
You need a death certificate to file a life insurance claim. Being lost does not warrant a death certificate immediately.
2007-08-06 02:33:49 · answer #5 · answered by aaron p 5 · 0⤊ 0⤋
Come on, details, DETAILS!!!
A person who own a light plane, a commercial airline, in the US, or East Jabip?
If you're going to ask hypothetical questions, at least throw some facts in to make it interesting.
2007-08-05 04:21:06 · answer #6 · answered by TedEx 7 · 0⤊ 0⤋
I think the time frame for a lost person is 7 years. At that time I think that person can be considered to be legally dead.
Do you watch the lost tv series?
2007-08-05 04:13:17 · answer #7 · answered by Robert D 4 · 0⤊ 0⤋
Yes, total sum Asurance will be givan with is dubal accadent benifit, if the plain crash is an tarrierast acctivati only lic policy holder will s\get this.....
But your policy is of any other compny like bajaj or tata they will reject this.....
Becouse they never allow this..... they will say it's under our term it is not posible
2007-08-06 06:58:11 · answer #8 · answered by Prashant B 1 · 0⤊ 0⤋
If they are the designated beneficiaries, at the time of the loss. The amount depends upon the face value of the policy, and any conditions which have to be met.
2007-08-05 04:12:14 · answer #9 · answered by Beau R 7 · 0⤊ 0⤋
did you buy flight ins?accidental death policy?was he a passenger or the pilot?pilot of private aircraft won't get anything...was the body found?need death certificate...
2007-08-05 04:11:16 · answer #10 · answered by Anonymous · 0⤊ 0⤋