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If it is an accidental drowning death but the body has not been found yet how long before payment under the insurance policy?
Wiki User
∙ 13y ago
I would contact the life office in question.
Wiki User
∙ 13y ago
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Do insurance always come out to look at a claim?
Generally Yes, Your insurance company has the right to inspect a loss before they issue a payment.
What is accidental death rider?
A life insurance policy is designed to pay a certain amount of money when the insured person dies. Sometimes the policy can have an additional clause which awards a larger amount of money in the event that the death was accidental. That is to say, if the insured person dies peacefully in bed from heart failure, that is a natural death. If the insured person is hit by a car and killed, that is an accidental death. You might have a policy that pays $50,000 for a natural death, but $200,000 for an accidental death. A possible reason for this kind of arrangement is that when people die a natural death, it is usually at a more advanced age and it is usually not a great surprise. People gradually decline in health before they die, most of the time. Accidental deaths can happen at any time and you may not be as well prepared to cope with them. Insurance companies are also playing the odds. Most deaths are not accidental, so it does not cost insurance companies a lot to sell you an accidental death rider. Chances are, they will never have to make that accidental death payment.
What is accidental death benefit rider?
A life insurance policy is designed to pay a certain amount of money when the insured person dies. Sometimes the policy can have an additional clause which awards a larger amount of money in the event that the death was accidental. That is to say, if the insured person dies peacefully in bed from heart failure, that is a natural death. If the insured person is hit by a car and killed, that is an accidental death. You might have a policy that pays $50,000 for a natural death, but $200,000 for an accidental death. A possible reason for this kind of arrangement is that when people die a natural death, it is usually at a more advanced age and it is usually not a great surprise. People gradually decline in health before they die, most of the time. Accidental deaths can happen at any time and you may not be as well prepared to cope with them. Insurance companies are also playing the odds. Most deaths are not accidental, so it does not cost insurance companies a lot to sell you an accidental death rider. Chances are, they will never have to make that accidental death payment.
How would you put accidental in a sentence?
Accidental is an adjective so it can go before a verb or after the verb 'to be.' For example:He had an accidental fall.His fall was accidental.
Does a drowning person always come up for air 3 times before drowning?
No.
At what time does an insurance policy go into effect?
In most cases an insurance policy for a car goes into effect the moment the first payment is made. In the case of medical insurance there might be a waiting period based on the insurance company. Life insurance usually goes into effect after the first payment is made, but there might also be a waiting period before benefits will be issued.
What are the stipulations of an or definition of contractual plan completion insurance?
An insurance policy for persons who have agreed to buy mutual fund shares in a periodic payment plan. If the policyholder dies before he/she has finished buying shares on the periodic payment plan, the insurance policy will purchase the remainder of the shares the policyholder agreed to purchase
Is Term-life insurance available with a single payment premium?
As if nw not avilable..before ULIPS launched in market there is Term life insurance plans with single premium avilable
What banks provide payment protection?
As far as I'm aware and that i can find, all banks provide payment protection it would indeed be best to call the bank before hand and ask if they provide PPI (Payment protection insurance)
What is a deductible?
A deductible is the amount that you must pay out of pocket before the insurance company will start making payment.
How can mortgage payment protection insurance help you?
Mortgage payment protection insurance can help a person if they become unable to make the mortgage payments due to an accident, unemployment, or sickness. There are restrictions in place, so one must check carefully before signing on the dotted line.
Does Amerigroup Health Insurance offer vision coverage?
Yes, AmeriGroup Health Insurance does offer a vision plan. It allows you to pick your provider and offers payment of premium before taxes on your paycheck.
