Meaning DEATH CLAIM
What does DEATH CLAIM mean? Here you find 4 meanings of the word DEATH CLAIM. You can also add a definition of DEATH CLAIM yourself
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DEATH CLAIMA request for payment due to death under the terms of a life insurance policy or annuity contract.
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DEATH CLAIMWhen a policy holder dies, the person entitled to the proceeds must complete certain forms giving due proof of the death and establishing the claimant’s right to such proceeds. When filed with the com [..]
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DEATH CLAIMIn a life insurance company the death claim is simply a request for the amount due under the policy; also death loss, death benefit.
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DEATH CLAIMWhen a policy holder dies, the person entitled to the proceeds must complete certain forms giving due proof of the death and establishing the claimant’s right to such proceeds. When filed with the company, the company is said to have received a death claim.
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