Helpful Information
Life Insurance
In most cases a life insurance company will ask for only two documents to prove a claim... A death certivicate (attending physician's statement), and... A statement of claim. However, they may ask for additional information or proof if they deem it necessary. Make sure you have the following information available when filing a claim:
- The policy number(s) and the face amount(s)
- Deceased's occupation and date last worked.
- Full name and address of the deceased
- Deceased's date and place of birth and source of birth information
- Date, place and cause of death
- Claimant's name, age, address and Social Security number
When settling a claim, you can choose a lump sum distribution of benefit or have the benefit paid over a period of time. If a benefit is paid over time, the insurance company continues to gather interest on the amount yet to be disbursed. We suggest you consult with a qualified financial planner.
