i wish i could answer, but my father passed away august 31st 2012, and we still have not been paid.
As long as it takes to reach your insurance agent by phone.
The main purpose to take L.I.C insurance is to be sure a certain amount of money will come to the family after ones death.
6-8 months where I live.
Usually within sixty days after receiving the death certificate.
Most legitimate death claims are paid within 60 days of death, presuming you have supplied a legitimate death certificate.
In case of suicide, the insurance company will not provide any compensation for the family of the policy holder. Life insurance will only take care of the family of the policy holder when he does not take his own life.
After filing a claim it should not take more than 30 days. They just need time to find out if it were an accicdent.
Depends on what insurance company it is.
I have a whole life insurance policy, how long does it take to cancel it, also can I get money back from it.
The benefit of family medical insurance above individual medical insurance, is that your premiums are much lower and the whole family is covered, instead of having to take out separate policies for everyone.
Life insurance policies generally pay off very quickly no matter what state you are in. Sometimes processing can be delayed slightly because of investigations into the cause of death, circumstances relating to the policy itself.
Are you talking about death proceeds? Should only be a matter of weeks once you have filed a claim and provided all necessary paperwork and death certificate. 4lifeguild