When a family member dies when does there family get life insurance ?

Answers:4   |   LastUpdateAt:2012-06-19 14:06:14  

Asked at 2012-05-22 11:46:08
my best friends grandpa is very ill and fear the worst. unfortunately they do not have enough to cover funeral expenses for when that day comes, you have life insurance but do not know how long it takes for them to receive their life insurance benefits .. Does anyone know of this?
Answer1BradleAnswered at 2012-05-30 20:40:26
Who was named as beneficiary on life insurance policy , the person to receive payment. If this person wants to share with the family for the purpose of funeral expenses , so be it . But if this person ever want to spend on a vacation in Hawaii , so be it too.
Most policies pay within a week or so of the first notification and verification.
Answer2porcupineAnswered at 2012-06-09 08:10:11
A couple of weeks. Sometimes people will assign life insurance to the funeral home which is fine to do, but I'm not a fan of that method.
Answer3JoshuAnswered at 2012-06-17 18:42:40
The beneficiary receives the money usually within 7-10 days after the presentation of politics and a death certificate / . An agent of the company will do the rest .

The funeral will provide copies of the death certificate .
Answer4Marisela CordovaAnswered at 2012-06-19 14:06:14
Contact the life insurance agent or company. This way you can start to get the documents ready.
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