What amount of life insurance coverage benefits is available if a loved one dies?
Depending upon factors such as age, gender, lifestyle, occupation and risk factors, your insurance agent put together a life insurance coverage plan for the policyholder with specific amounts, usually accumulated over time, to be distributed to the beneficiary upon death. The stated beneficiary may collect on the amount after providing proof of the policyholder's death.
Was your question answered? Yes
Other Similar Questions
What types of life insurance coverage are available to collect on?
Who is entitled to receive benefits after a loved one passes away?
What is a suicide clause?
DISABILITY SECRETS: Learn What Your Insurance Company Is Hiding From You!
This searchable database contains information about disability, critical illness and life insurance claims, and what you can do if you are denied or cut
off of your benefits. It is a collection of the most common questions we receive from our clients. General answers have been provided by our lawyers.