Sure, if the policy is still in force and a claim was never made on the policy before. It is surprising that no one had filed the claim before. Just because you found an old life insurance policy in a box doesn't mean it wasn't claim previously. The executor of the estate would have had the obligation to search records and files and make claims on any active life insurance policies. Even if they didn't have the policy, they could have signed a proof of lost policy form and filed the claim on the policy after death. It's worth checking with the company for to make sure. If it is still active they will pay interest in addition to the death benefits.
when a policy holder dies within the two years of policy it is considered as a early death claim
I need to report my father's death and collect on his life insurance policy.
Copy of the policy, or at least its policy number; and proof of death.
In fact, term insurance policies can be called no risk no fault insurance, as no claim is payable during the tenure of the policy and only in the event of death of the policy holder, claim is payable to the nominated person of the policy.
Can Insurance deny claim for accident death benifit due to ethanol intoxication when insured had policy for 10 years?
To file a life insurance claim, a call can be made to the insurance agent of the policy who can help fill out any necessary forms. Certified copies of the death certificate should be submitted with the life insurance policy.
In case of a claim, you are to intimate the insurance company who issued the policy , in writing or by mail. The Insurance company will provide you necessary forms for submission along with required papers/documents including the original policy bond,attested copy of Death Certificate etc. The insurance company may initiate inspection (which is optional) to verify the authenticity of the claim.
It is mandatory to submit the original policy bond along with other claim papers both in death and maturity claims.
Generally the claim has to be lodged on the branch of the life insurer which issued the policy bond, be it maturity or death claim as the case may be.
'Assurance Deces' is a French term which translates into English as 'Death Insurance'. Death insurance is a common form of insurance taken out to protect against life events such as accidental death. This policy covers areas such as accidental death. Should the claim against the policy be accepted, the policy would be paid to the benefactor. Depending on the issuer or the policy, depends on the level of premium.
The beneficiary position is that they will receive the proceeds of the life insurance policy after the death of the insured. Until the death they have no other "position". After the death they must file a claim by contacting the company and following their instructions.
As long as the policy was in force at the time of the insureds death you can place a claim. Simply contact the agent who will be happy to assist you or contact the claim department directly at the insurance company.