Legal Junkies Forums

#1 Community for Legal Questions and Answers

 
Go Back   Legal Junkies Forums > ACCIDENTS, PERSONAL INJURY, INSURANCE > Insurance Issues

Register FAQ Tags Members List Social Groups Search Today's Posts Mark Forums Read Layout

Notices


Reply

 

Thread Tools Search this Thread Rate Thread Display Modes
Old 06-20-2018, 05:52 AM   #1
john012
Junior Member
Country:  
john012's Flag is: United States
 
Join Date: May 2018
Posts: 8
Default How Long Does it take To Pay My Claim by Life Insurance Company?

How Long Does it take To Pay My Claim by Life Insurance Company?
john012 is offline   Reply With Quote


Did you find this post helpful? Yes | No
Old 06-20-2018, 08:54 AM   #2
Lexus
Top Level Member
 
Lexus's Avatar
 
Join Date: Sep 2010
Posts: 8,495
Default Re: How Long Does it take To Pay My Claim by Life Insurance Company?

In this case if the claim is not complicated and all the documents are proper, there will not be much delay from the part of Life Insurance Company.
Lexus is offline   Reply With Quote


1 out of 1 members found this post helpful. Did you find this post helpful? Yes | No
Old 07-13-2018, 05:09 AM   #3
Unregistered
Guest
 
Posts: n/a
Default Re: How Long Does it take To Pay My Claim by Life Insurance Company?

If it is more than 30 or 60days you would seem to have some kind of issue that needs to be resolved. Get on the phone with customer service diligently. It's not likely you need a lawyer as a first step.
  Reply With Quote


Did you find this post helpful? Yes | No
Old 07-13-2018, 08:50 AM   #4
Lexus
Top Level Member
 
Lexus's Avatar
 
Join Date: Sep 2010
Posts: 8,495
Default Re: How Long Does it take To Pay My Claim by Life Insurance Company?

Is the claim is complicated? Did you check with the insurance company?
Lexus is offline   Reply With Quote


Did you find this post helpful? Yes | No
Old 07-14-2018, 12:56 AM   #5
adjusterjack
Top Level Member
 
Join Date: May 2016
Posts: 1,346
Default Re: How Long Does it take To Pay My Claim by Life Insurance Company?

Quote:
Originally Posted by john012 View Post
How Long Does it take To Pay My Claim by Life Insurance Company?
What did the claims person at the life insurance company say when you asked that question?

If you haven't asked, I suggest you do.
adjusterjack is offline   Reply With Quote


Did you find this post helpful? Yes | No
Old 07-14-2018, 06:10 PM   #6
Highwayman
Top Level Member
 
Highwayman's Avatar
 
Join Date: Sep 2014
Location: New York City metro area
Posts: 1,274
Default Re: How Long Does it take To Pay My Claim by Life Insurance Company?

Seems like John is not coming back. Maybe he got his payout.
Highwayman is offline   Reply With Quote


Did you find this post helpful? Yes | No
Old 07-20-2018, 08:39 AM   #7
Unregistered
Guest
 
Posts: n/a
Default Re: How Long Does it take To Pay My Claim by Life Insurance Company?

I guess he DID!
  Reply With Quote


Did you find this post helpful? Yes | No
Old 08-05-2018, 07:50 AM   #8
Sandra31
Guest
 
Posts: n/a
Default Re: How Long Does it take To Pay My Claim by Life Insurance Company?

What does it mean to pay my claim by the life insurer, how does that work?

Does the person claiming report the death of the insured or what exactly does this mean?
  Reply With Quote


Did you find this post helpful? Yes | No
Old 08-05-2018, 11:13 AM   #9
adjusterjack
Top Level Member
 
Join Date: May 2016
Posts: 1,346
Default Re: How Long Does it take To Pay My Claim by Life Insurance Company?

When a person buys a life insurance policy he designates a beneficiary to whom the death benefit is to be paid.

Upon the death of the insured, the beneficiary obtains a certified copy of the death certificate, fills out a claim form, and sends them to the insurance company's claims department.

A check for the death benefit is then sent to the beneficiary.

The process can take from one to four weeks.

An exception can occur if death occurs during the contestability period (typically the first two years of the policy). You can read about that at:

https://www.insure.com/life-insuranc...stability.html
adjusterjack is offline   Reply With Quote


Did you find this post helpful? Yes | No
Old 08-06-2018, 11:00 AM   #10
Sandra31
Guest
 
Posts: n/a
Default Re: How Long Does it take To Pay My Claim by Life Insurance Company?

Quote:
Originally Posted by adjusterjack View Post
When a person buys a life insurance policy he designates a beneficiary to whom the death benefit is to be paid.

Upon the death of the insured, the beneficiary obtains a certified copy of the death certificate, fills out a claim form, and sends them to the insurance company's claims department.

A check for the death benefit is then sent to the beneficiary.

The process can take from one to four weeks.

An exception can occur if death occurs during the contestability period (typically the first two years of the policy). You can read about that at:

https://www.insure.com/life-insuranc...stability.html

Ahh, very well explained, thank you very much!
  Reply With Quote


Did you find this post helpful? Yes | No
Reply

Bookmarks

This thread has 9 replies and has been viewed 653 times


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:


Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads

Thread Thread Starter Forum Replies Last Post
Should I hire a lawyer to claim more damages from the insurance company? KevLoft Car Accident Claims 6 10-30-2013 07:04 PM
Life insurance -- The ins. company is asking me to sign medical release Shane melby Insurance Issues 3 11-22-2011 08:01 AM
Do I have to pay insurance company back for a claim paid by mistake? Unregistered Insurance Issues 3 03-31-2011 06:31 PM
How does life insurance agent earn if no commission comes from insurance company? JackyRock Insurance Issues 2 02-05-2010 10:45 AM
School insurance company rejects claim Unregistered Car Accident Claims 2 11-25-2007 07:07 PM




All times are GMT -4. The time now is 02:57 PM.


Use of the Forums is subject to our Disclaimer. Copyright 2009-2018 by LegalJunkies.com