6 hold months passed will insurance settle up benefits durning this contestble peroid?
this is life insurance in contestable peroid adjectives papers submitted as reguested by insurance company recved aletter recently stating they are sorry it has taken so long to process claim they are waiting on supplementary information from doctor at the very start they sent me a form for the doctor to complete and i did that now i am trying to grasp what other papers are needed from the doctor are they going to pay benefits on this claim no sucide the person died in the order of 11 months after getting policy
Answers:
Try calling the doctor's office to help speed up the process. Most folks surrounded by your position don't realize how slow doctors are in releasing records.
We could not speak for sure if the company will pay or not since we don't know all the facts of the shield in question. I will report to you that I have had a $5mil claim come inside 30 days of the policy and the company paid after examining the situation.
Good luck to you in this trying time.
They may still pay cheque. An life insurance company is always careful of settling a claim on an 11 month old policy. They are thoroughly checking to make sure that the insured be in the state of health he or she stated on the application to ensure that in that was no fraud or misstatements made. I have see cases where doctors take months to produce documents to insurance companies. First, call on the doctor's office and watch them fax the information to the insurance company. Then, verify that the insurer received the medical history. It should one and only take days from receiving adjectives of that information to make a claims decision. If the insurer still isn't playing globe, have your attorney write a letter. If that doesn't work, report suit. Source(s): I'm an independent insurance broker.
Well, the CONTESTABLE period is measured from the day the policy be taken out, to the day the person died. And surrounded by most states, it's 2 - 3 years, so yes, the policy is contestable, and the contestible period didn't expire before the disappearance.
If the medical records show that there be a lie on the application, they're not going to pay.
So, not a soul here knows the answer to if they are going to pay out or not. It will depend on what the doctor say, and what the medical records say, compared to what the application said. Source(s): agent, 21+ years
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Answers:
Try calling the doctor's office to help speed up the process. Most folks surrounded by your position don't realize how slow doctors are in releasing records.
We could not speak for sure if the company will pay or not since we don't know all the facts of the shield in question. I will report to you that I have had a $5mil claim come inside 30 days of the policy and the company paid after examining the situation.
Good luck to you in this trying time.
They may still pay cheque. An life insurance company is always careful of settling a claim on an 11 month old policy. They are thoroughly checking to make sure that the insured be in the state of health he or she stated on the application to ensure that in that was no fraud or misstatements made. I have see cases where doctors take months to produce documents to insurance companies. First, call on the doctor's office and watch them fax the information to the insurance company. Then, verify that the insurer received the medical history. It should one and only take days from receiving adjectives of that information to make a claims decision. If the insurer still isn't playing globe, have your attorney write a letter. If that doesn't work, report suit. Source(s): I'm an independent insurance broker.
Well, the CONTESTABLE period is measured from the day the policy be taken out, to the day the person died. And surrounded by most states, it's 2 - 3 years, so yes, the policy is contestable, and the contestible period didn't expire before the disappearance.
If the medical records show that there be a lie on the application, they're not going to pay.
So, not a soul here knows the answer to if they are going to pay out or not. It will depend on what the doctor say, and what the medical records say, compared to what the application said. Source(s): agent, 21+ years
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