Life insurance is one of the significant investment plans in regards to long-term fiscal planning. It can be effectively integrated into your portfolio if you know and understand how the death benefits for the same will be paid. If you want to know more about the best indexed universal life insurance companies, then search the browser.

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On average, life insurance benefits are paid when the insured individual has expired.The beneficiary should file a death claim with the insurance provider by submitting a certified copy of the insured's death certificate.  

A minimum of 30 days is permitted to assess the claim according to IRDA regulation, and the benefit can be paid or refused, or postponed for further details. Insurance companies in Florida mainly cover the benefits within 30 days of the insured individual's death.  

Hardly any instances occur, once the business takes over 60 days to maintain the benefit after the death of the insured, subject to their requirements and needs to confirm the claim. A beneficiary should take a few critical measures to make certain that the death benefits are paid out to them as fast as possible.  

The beneficiary should know that not all claims are handled quickly or immediately and have a while to be processed. An insurance carrier will be sure the claims are verified and not fraudulent. To secure the process, the beneficiary should give a certified copy of the death certificate of the insured person.  

Most life insurance companies need an original death certificate instead of a copy. An individual may order several death certificates which may be offered first to each of the insurers the insured person has insurance to be maintained.