Losing a loved one is never easy. It takes time to deal with the loss. There are also so many other things that need dealing with and few things seem as terrible as filling in a life insurance claim in Texas. You can navigate to www.vosslawfirm.com/practice_areas/life-insurance-denied-insurance-claim-lawyers.cfm to hire an attorney who will help you file a life insurance claim.
You'll experience moments of guilt because the idea of benefiting from a loved one's death is a tough one to swallow. Don't think of it like that. Rather take comfort in the fact that the person you've lost wanted you to be taken care of after their passing.
This how-to guide was created to help you with the paperwork in a time of grieving.
1. Locate the life insurance policy.
If you weren't told where the life insurance policy is being kept, there might be information on its whereabouts in the Will. If your loved one had a lawyer, speak to him or her, as it might have been left in their care.
If not, the lawyer may nevertheless know where it is being kept. Chances are good that it's amongst all the other important documentation that has been left behind, so check the safe and filing cabinets. It may also be hidden in a wardrobe or cupboard.
2. Call the insurer.
The number will be on the policy. Tell the person you're speaking to that you want to file a claim. They will walk you through all the necessary steps and send you the paperwork.
3. Decide how you want to receive the money.
Most life insurance companies will give you the option to choose between a lump sum and monthly installments. If you want to use the money to pay off debt then take the lump sum and get the debt settled. If there is no debt and you aren't good with managing your finances, then it's perhaps best to receive the payout in monthly installments.
4. Complete the paperwork.
After the paperwork arrives, complete it and remember to attach all the necessary documentation requested by the insurance company. At the very least a certified copy of the death certificate will be required. Depending on the circumstances surrounding the policy holder's death they might also want a copy of the police or autopsy report.
It takes a while for the papers to get filed as there are processes that need to be adhered to. Information needs to be verified and claims need to be inspected. The timeframe we're talking about here can be as long as two months, so be patient. If you haven't received any payment or heard anything from the insurer after this time, make inquiries.