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The insurance company must be notified of the insured's death, preferably by a beneficiary, policy owner, or an insurance agent, at which point it will send out packages of paperwork to all beneficiaries on file for that insurance policy. The paperwork is filled out by each beneficiary and returned to the insurance company, along with a certified copy of a death certificate, at which time the insurance company processes the paperwork, verfies the eligibility of the claim, and then, if appropriate, pays out the proceeds of the insurance policy.
A company that is fully insured goes to an insurance company and buys insurance. A company that is self insured does not buy insurance and plans to pay any claims out of the companies "pockets". For instance, if you own a home but choose not to buy home insurance, you are self insured if you should have a fire.
Insured person dies. You (beneficiary) call insurance company and place a claim, they send you paperwork, you fill paperwork out and mail back with death certificate, Claim is paid in a few days to a few short weeks.
the Atlantic mutual insurance company from New York insured the titanic. Company paid $100000 in hull coverage.
Yes.
Of course you need to cooperate. Any time an Insurance co. has a claim, they have to investigate it and determine who's liable. Cooperating is in your best interest. Tha fact the you and the other driver are insured by the same company has nothing to do with the claim itself.
You can get company vehicle insurance at www.iaai.com.
the insurance company effectively agrees to provide the insured with health care services, rather than reimbursement dollars. Service plans offer the advantages of reduced paperwork and reduced financial liability
YES
GET paperwork & you probably also need a copy of the endorsement naming you as Additional Insured - not just a certificate of insurance. Then, feel free to call the insurance company or agent to verify. You can probably find their contact information on the internet.
That should be your declarations page. It is a binding contract between the insured (you) and the company.
Insurance companies have re-insurers to protect their assets.