Sentences with phrase «death claims approvals»
On the other hand, if a company sells mainly term products and lesser saving products, the overall claims ratio will depend on its term insurance death claims approvals.
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Generally, there are 3 main steps beneficiaries must take to receive a life insurance payout: file a death claim, provide proof of death and wait for approval.
In the case of a death, a representative of the deceased person, after obtaining court approval in the state of residence of the deceased, may make claims on behalf the estate.
Generally, there are 3 main steps beneficiaries must take to receive a life insurance payout: file a death claim, provide proof of death and wait for approval.
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