0
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.
What else can I help you with?
What is the benefit of forming a Limited Liability Company, and how would I start the process?
The main benefit of a Limited liability company is that the owners of the LLC, called "members," are protected from some or all liability for acts and debts of the LLC depending on state shield laws. You would start the process by contacting an attorney.
What is the main benefit of business tax preparation software to a company?
A tax preparation software can help a small business file their company taxes. It can help ease the process of filling out the necessary forms. Most tax programs are cheaper than hiring an accountant to file ones taxes.
What to disclose in a financial sales process?
Type your answer here... insurance
What are the benefit's and limitations of job order costing and process costing system?
to undersrand
The process of a company selling its accounts receivable to another company is referred to as?
factoring
Was the pension contract for united technology inc transferred from connecticut general life insurance company to prudential retirement insurance and annuity company?
It appears that Prudential Retirement Insurance and Annuity Company acquired some of Connect General Life Insurance Company's pension business, which may have included the pension contract for United Technologies Inc. You may need to refer to the specific terms and agreements of the transfer to confirm.
What happened to Peoples home life insurance company of Indiana?
Well, it seems that People's Home Life Insurance Company of Indiana was placed into liquidation by the Indiana Department of Insurance. Sometimes companies face challenges, but it's important to remember that change can lead to new beginnings and opportunities. Take a deep breath, trust in the process, and know that brighter days are ahead.
How do you turn in a mature annuity?
You just have to call the company and surrender the policy. They can fax, email or mail you the proper forms to fill out. You can have the money EFT'd directly to your bank account. From start to finish it typically takes 10 days.
What exactly are insurance annuities?
An insurance annuity is when a seller makes payments to a buyer for payment of one large amount of money. You usually would go through a bank to get this process going.
Where can a person find out more information regarding the adjudication process?
Online at Wisegeek, there is ample information regarding the adjudication process. Adjudication is the process by which an insurance company manages a claim. The insurance company will either pay the claim or deny it.
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?
Contact the company that issued the annuity and discuss with them, there is no 'set' amount or time, this is a company/policy specific question.
How do you file life insurance claim with crown life insurance?
You can visit Insurance site FAQ for this claim process because all insurance company have tis own rules and regulation so its very difficult to tell which process you have to follow.
Is Willis Insurance a health or life insurance company?
The Willis Insurance Company I was able to find sells both health and life insurance to its customers, but you must be approved and not all people will the meet the standards and qualify for the approval process and get accepted for both types of insurance.
What happens when you file an insurance claim and how does the process work?
When you file an insurance claim, you are requesting financial compensation for a covered loss or damage. The process typically involves notifying your insurance company, providing documentation of the incident, and working with an adjuster to assess the claim. The insurance company will then review the information and determine if the claim is valid and how much compensation is owed. If approved, the insurance company will issue a payment to cover the loss or damage.
Does renters insurance cover loss of property using a moving company?
The moving company should have their own insurance if items were damaged during the moving process, if not I would get a lawyer!
Where can you register for grange insurance?
Grange Insurance is a company based out of Columbus, Ohio. If you want to register with this company it would be best to call a local agent to get the registration process started.
What is claim In adjudication?
Claims adjudication is generally a term found in insurance. It is the process in which the insurance company decides whether or not to pay out on the claim.
