So, you finally did it. You realize you aren’t immortal. You also realized that if you died, that would severely financially inconvenience your family. So, you bought life insurance. For the most part, all you have to do is pay your monthly premiums and not commit suicide for the next two years. There are a few things you may want to tell your beneficiaries so that they can collect when the time comes.
What Your Beneficiary Needs
When the time comes, your beneficiary will need to get a copy of your death certificate. It’s a good idea for them to have a few copies of this. It’s also important that your beneficiary contacts the insurance company as soon as they can. They will need the claim form, too, so they can get to it. If you keep it in a safe, ensure they know the combination or have a copy of the key. (Notice that psychics who claim to talk to the dead never seem to know lock combinations.) Generally, the claim will be paid within 30 days of the insurer receiving the necessary documents. Make sure your beneficiary knows who you’re insured with.
What Is Covered
Your beneficiaries will be compensated in the event of just about any form of death. The only exceptions are suicide within two years of purchase of the policy and homicide at the hands of the beneficiary.
Contact Stalwart Insurance Serving Pittsburgh, PA
If you live in the Pittsburgh, PA, area and are looking into purchasing life insurance, please get in touch with Stalwart Insurance. Our sagacious and courteous agents will do all they can to help you get what you need and help your beneficiaries collect what they deserve.
