Filing a Life Insurance Claim in the State of Georgia

Once a death certificate has been issued to someone who is listed on a life insurance policy, you can file a claim with the insurance company. And once it has been filed, they have 30 days to pay the death benefit. If they fail to do so, you’ll be able to collect interest on the amount until it has been paid.

What You Can Do If a Claim Has Been Denied

Once you file a life insurance claim, they can always deny it, and there may be many reasons why. Life insurance companies make their money off the paid premiums, and they survive by making sure that this amount exceeds what’s being paid out in claims. So, they carefully examine each one to make sure they don’t fall victim to someone who’s trying to commit fraud.

An insurance company may go out of business, but it doesn’t mean that you won’t get paid the death benefit. Every life insurance policy in the state is backed up by the Georgia Life and Health Guaranty Association, so you’ll get paid on a claim even if the insurance company goes out of business. But the guarantee is limited to $300,000 for each individual, even if the deceased had more than one policy.

A Professional Life Insurance Provider in Suwanee, GA

If you want to work with a life insurance provider that’s both experienced and professional, the Insurance Pro Group, Inc. in Suwanee, GA has a team of people that can help you find a policy that will make sure that your family is secure if you should ever pass away. We have expert agents who can assist you with all your insurance needs, and we can help you find a policy that you can afford. If you want to find out how we can help you, please contact the office of the Insurance Pro Group, Inc. today!