Death Benefit Insurance - Know How To File The Claims

Filing a death claim after the loss of a near one is often considered to be one of the most difficult tasks. Yet, it is necessary to make the claims to get the death coverage amount of the insurance policy, which your near one has taken in his life time. Though death benefit insurance is completely aimed to cover the death of an individual and offer a financial support to the family members of the deceased, one need to file the claims or the death proceeds in the right way to receive the money in a hassle free way.

Death Benefit Insurance At A Glance

Many a times it happens that the nominees of an insurance policy or the family members of the deceased do not have a complete idea of the death benefit insurance policy taken by the deceased. If you want to file the death claims, you should at first ensure, whether it is a life insurance policy with death coverage or it is a death insurance policy. If it is a life insurance policy with death coverage, one should take note of the coverage amount and the procedures to make the claim. However, if it is a death insurance plan, one should note the amount that is assured and the necessary documentations for filing the claim. For both types of insurances, one should be careful about the types of death covered. Once you are assured of the type of insurance plan, you need to take care of the following steps.

Inform the Insurance Company- This is one of the most important steps to be taken care of, when someone is filing a death benefit claim. Almost every insurance company has a 24 hours help desk. Consult with them at the soonest and inform the company about the death of the insurance holder. If the insurance holder has been injured in an accident, his family members should inform the insurer at the soonest to avoid any unnecessary consequences later. In many cases, insurance companies delay or even deny the claim if they are not informed on time.

Documentation To Prove The Death Of The Insured- This is another important point to be taken care of,  when you are considering about filing the death insurance benefits. Inform about the cause of the accident and provide valid documents to support the cause of death. If someone has died an accidental death, it is necessary to complete all the legal proceedings before filing the claim. It is also necessary to collect the death certificate and provide it to the insurance company while making the death claims.

Complete Claim Formalities- When you are making the death claims of your near one, you should make sure that you have all the necessary documents to prove your legal rights for filing the claim. If you cannot prove yourself to be the nominee for the insurance benefit, you may be denied the claim.

It is not only the duty of the beneficiaries to make the claim in the right way but also it is the responsibility of an insurance holder to provide proper information to insurer while taking death insurance.