How long does it take for a insurance company to process a annuity benefit claim?
It will vary based upon the company and any complexities encountered in processing, such as claims by multiple claimants. However, because annuities are essentially insurance products, State insurance regulators regulate them. State statutes generally provide a time frame for payment. If the time frame cannot be met, the same statutes normally also have provisions for notifying the parties involved as to what further material is needed or other procedures to be followed.
Was the pension contract for united technology inc transferred from connecticut general life insurance company to prudential retirement insurance and annuity company?
You are 62 years old and have farmers annuity plus sep IRA and must have all funds from account now how do you begin process how long will it take to receive funds and what is surrender charge?
One of the finest examples of insurance billing software that I've experienced is MajescoMastek's Life and Annuity billing solution. Just think of it this way - billing is one of the most critical functions in an insurance company as it involves the exchange of money. Done right, your billing process can earn you plenty of brownie points with your customers. But not done right and you risk losing their business. MajescoMastek's insurance billing software is…
I'm sincerely curious as to the thought process here: if the insurance company no longer exists, who exactly do you think is going to pay the claim, Santa Claus? If the insurance company was bought out/merged/absorbed by another insurance company, try contacting them and see what procedure you need to follow. Otherwise, you're probably just out of luck.
If you have an auto accident on company time, whether your employer is "responsible" depends on what arrangements have been made in advance and what you mean by "responsible." Were you driving a company vehicle? Were you engaged in company business or on an errand for your own benefit? Were you complying with company policy regarding distracted driving, hands-free cell phone use, etc? If you were driving your own vehicle on company business, was that…