What You May Need to Know About Filing a Life Insurance Claim

What You May Need to Know About Filing a Life Insurance Claim

Most of us are at least somewhat familiar with how to file an automobile insurance claim. Few, however, may have experience with filing a life insurance claim. If you are the beneficiary of a life insurance policy, here’s what you may need to know about filing a life insurance claim.

Claims May Only Be Filed By the Beneficiary

The first step in filing a claim on a life insurance policy is making sure you you are listed as the primary beneficiary on a policy. If you are a secondary beneficiary on a life insurance policy and the primary beneficiary is no longer alive, proof of the death of the primary beneficiary will likely be required.

Obtain Several Copies of the Death Certificate

You will likely need several copies of the death certificate for multiple purposes. It can be helpful to obtain several copies initially. These can be obtained through the health department or through the assistance of your funeral director.

File Your Claim

Submit a notarized copy of the death certificate with your claim forms with your insurance company.

A Few Notes

There is a possibility that the check received by the beneficiary in a life insurance claim may not be the full face value amount on the policy. If there have been loans against the policy in the past or if premiums have been paid using the policy value, those amounts will be deducted from the face amount prior to payment.

Contact Your Insurance Agent

Your life insurance agent can obtain the forms necessary to file your claim and even assist you in filling them. Your agent can serve as your intermediary in the filing of a claim with the insurance company. This is another good reason to have a life insurance review and request a policy status report occasionally so you are aware of any outstanding loans. You can then make the conscious decision to address those loans or increase your coverage if necessary.

From securing your initial life insurance policy through filing a claim, our independent insurance agents are here to assist you every step of the way. As independent agents, they can “shop” for coverage that fits your situation and budget. Contact us for a no-cost quote on life insurance today.


Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Search All Blogs

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Want to learn more about
our blog writer?

Read more about KayLynn's background.

Search All Blogs

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Staying Healthier: A Home Gym in the Space of a Closet

Motivation May Be a Factor But Lack of Space Should Not

Life Insurance For All Phases of Life

Why Life Insurance Should be a Part of Your Financial Future

What Happens to Your Debts After You Die?

Debts Don’t Just Disappear. Here’s Why.

Five Events That Should Trigger a Call to Your Life Insurance Agent

Life Changes. When It Does It May Prompt a Call To Your Life Insurance Agent.

“You Might Need Life Insurance If…”

Life Insurance is for More than Just the Breadwinner

6 Simple Ways to Save on Life Insurance

Nobody Wants to Spend More Than They Have To. Here Are Ways YOU Can Save.

Life Insurance Is Not About You

There are Many Good Reasons to Get Life Insurance. You May Not Be One of Them.

Four Needs Life Insurance Can Help Fulfill

Life Insurance May Be More Versatile Than You Think

Term Insurance: Big Protection at Affordable Rates

If You Are Entering a High Responsibility Portion of Life, Term Insurance May be the Answer

Funerals, Life Insurance and Flowers

How Funerals Have Changed in Recent Years

Leave a Comment