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Generally depending on the policy, circumstances and company, most settlements are between 4 and 6 months. This is not bad but what are you going to do.

This is always an important question and can be a big factor in deciding what company you choose to handle your insurance and few policyholders know the answer, unfortunately.

You should always consider what your family would have to do in order to pay for your final expenses, mortgage and possible medical bills for those 4-6 months while they are waiting for the money to come in.

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Q: How long does it take to receive a life insurance settlement?
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Do you know anyone that has had to wait on a life insurance settlement?

Their is usually some waiting period for a life insurance settlement, but it usually does not take a long time. If too much time goes by without receiving your settlement, I would contact the life insurance company.


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