life insurance claims investigation

Message

Author

	Add to del.icio.us
	Add to YahooMyWeb
	Add to Simpy
	Add to BlinkList

Posted: Wed Sep 28, 2011 10:30 am Post subject: life insurance claims investigation

A relative of mine has deceased recently and I’m a joint beneficiary with his children. Now I’m hearing they are going to investigate on it. Can an Insurance company investigate death life insurance claim??? Please advice! _________________ Register Now to have your Insurance queries solved.

Gary Mcmillan

Guest

Posted: Wed Sep 28, 2011 10:45 am Post subject:

Yes the insurance company does have the right to investigate within the 2 years of contestability period. After this period a clean death certificate is required. Investigation is also conducted in cases of death caused in an unnatural manner. _________________ Register Now to have your Insurance queries solved.

Guest

Posted: Wed Sep 28, 2011 12:53 pm Post subject:

Quote:

After this period a clean death certificate is required. Investigation is also conducted in cases of death caused in an unnatural manner.

If the policy is actually LIFE INSURANCE and has been in force for more than two years, the policy has become INCONTESTABLE, and the insurance company has no reason to "investigate" unless there is a belief that the beneficiary is unlawfully connected to the death (as in homicidal involvement).

The only other reason to investigate a death claim is if there is an ACCIDENTAL DEATH benefit involved. If the death is not due to an accident, no accidental death claim is payable. Other than that, dead is dead and the insurance company must pay.[/quote]
_________________
CA-licensed P&C Broker-Agent and Life Agent. CA Insurance Lic #0596197. Now investigating insurance company abuses, and providing litigation support and expert witness services. Send me your questions, and I'll send you my answers.

MaxHerr

Moderator