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No. In fact, the benefit will usually grow at interest until the insurance company can locate a beneficiary. One thing that some people don't consider is the fact that often an insured dies and no one knows he had insurance. Since no claim is made, the insurance either assumes he is still alive (in the case if a paid-up policy) or any unpaid premium notices will alert the executor that there is a policy in force. If the policy had been paid up and no one makes a claim, the insurance company will start looking for a beneficiary at the time when the policy was to mature. (Usually at the time when the insured would have been 95-100 years of age) My company used to sell insurance all over the world, including in Russia before the 1917 revolution. We left there shortly after World War I when the ruble was made non-convertible and we couldn't continue to operate. Back in the late 1980's, someone brought me a copy of a policy on a relative who had died in the '50's. The policy had been "paid-up", meaning no more premiums were due. My company had been holding the money waiting for someone to file a claim. After providing evidence of death and convincing us that they were direct descendents of the insured, we paid them the original face amount (not a huge sum) plus interest on that amount calculated from the date of death (which was a pretty large sum). So there's no time limit. It might get harder and harder to prove you're the right person to receive the proceeds, however.

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2006-06-07 02:22:32
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Q: Is there a time limit for claiming life insurance death benefits?
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Is there an age limit on insurance death benefits?

No. Most policies will pay out at age 100. For more info. see

Is there a statute of limitations for filing for life insurance beneficiary benefits?

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If you receive monthly payments for a life insurance benefit for the death of a spouse are there any rules that would set a time frame of yrs before they could remarry and not lose remainder of benefi?

I don't think there is a time limit to it. Of course, when you are the beneficiary for the death benefit and it has been set up for a specified amount for should be able to receive the death benefits regardless. The insurer has the obligation to pay out the remaining benefits until the cash value has been depleted.

What is the time limit to file for Social Security survivors benefits?

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