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Credit
Card Answers |
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Q |
If I need to file a life insurance claim, what
should I do?
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A |
It is advisable to call
your insurance agent first. He/she will be in a position
to help you fill the required forms and facilitate the
claims process with the insurance company. In case of
any difficulty to do so, you can also contact the
company directly. You also need to have many copies of
the death certificate of the insured person before you
call your agent. Once you submit your claim, you should
also specify the proceeds options – whether in lump sum,
life income option, specific income provision, interest
income option, etc. Depending on the the specified
option, the proceeds are distributed accordingly. |
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