You don't _have_ to, but why wouldn't you want to take the money you've earned?
my mother pased away on 4/28 and the funeral home filed her life insurance on the 29 or 30 how long does that take to receive a check for life insurance
You cannot. In case of any claim after your divorce and the policy bond is in your possession, the claim will be summarily rejected by the insurance company. It's advisable to surrender the policy on your ex husband to the insurance company against official receipt.
No. Life insurance is paid the the beneficiary named in the policy, your creditors have no claim against the insurance proceeds EXCEPT if the proceeds are paid to your estate.
The Bankruptcy Court has every right to claim the proceeds of a life insurance policy once you are declared by them as insolvent.
I need to report my father's death and collect on his life insurance policy.
Nope.
An insurance policy should still remain valid for the remaining term following a claim providing that the claim is such that it does not require the insurer to cancel the policy. You should check with your insurer.
You will have to start calling local insurance agencies. Someone will provide you coverage and if no one will you can call your state's insurance commission and ask about an assigned risk policy.
You will have to check your home owner's policy. It is a contract that you have with the insurance company and will specify how long you have to file a claim.
Generally, a claim can be cancelled. If you do not want the insurance to pay a claim, the company will be glad not to pay it.
Sometimes an insurance company will agree to reinstate a cancelled auto insurance policy if it has only been a few days since it was cancelled, if you pay the premiums which are due on the policy, and if you sign a no-loss statement saying that there has been no incident that could result in a claim of any kind since the time and date of cancellation.
You should check uncovered risks set out in exclusion section of insurance policy you have.
Yes, your homeowners insurance policy can be cancelled or non renewed if the insurer determines that your home or property has hazardous conditions. Especially if the homeowner has already collected on a claim and failed to make the necessary repairs.
Not likely. I would check your auto insurance policy form and I think you will find that there will be a clause there that covers that. if you do claim on both it could be deemed as fraud.
Only if the insurance covers more than one driver. Check the policy.
If the damage happened on the property, maybe. You'll wish to check your policy for coverage, and consult with your insurance agent for specific details.
No, they will pay the claim to you and then you will be able to do what is fiscally responsible.