In the event that the Insured dies after a written request for an accelerated
death benefit is submitted but before payment is made and we receive written
notice at our home office of this
death, the request for an accelerated
death benefit will be considered void and no benefit will be
paid under the rider.
Posted in
death benefit, incontestability, insurance, lapse, life insurance, life insurance claim process, reinstatement Tagged automatic bank draft, insurance, late payment
notice missed, legitimate life insurance claim, life insurance, life insurance claim, life insurance claim denied, life insurance claim
paid, misrepresented health on reinstatement application, offer to reinstate without application missed, policy reinsated incontestable after 2 years, premium missed, premiums
paid, reinstate by just sending premium, reinstatement application, second addressee for on
notices, sufficent reason to deny claim 2 Responses