STEPS TO EASY INSURANCE CLAIMS

STEPS TO EASY CLAIM PAYMENTS LIFE

CATEGORY 3 Missing person

This type differs from death claim because of its ligalities.

Ø  A missing person is deemed to be legally dead only if he remains missing after seven consecutive years.

So do not hope to collect your claim on a missing person within seven years of missing until after.

BASIC CLAIM STEPS

ü Inform the insurance company of the fact that the policy holder is missing immediately.

Advantages: a) Satisfaction of claim ligalities

                       b) Insurance company would stop expecting premiums from him and as    

                            such would not treat non availability of prompt premium as a     

                            Violation of the payment contract.

                       C) Start The process of claim procedure.

ü  Must report to police and perhaps some of the other security services like SSS and must make available the copies of such reports to he insurance company for documentation and keep an acknowledgement copy by the collecting insurance officer.

ü  If the insurance company demands the policy document of the missing policy holder immediately submit it to them but before you submit photocopy all the relevant pages and let the insurance collecting officer acknowledge receipt which you keep intact.

Once you have done all these you must have complied with the rules, if there are any other documents given to you by the insurance company; file all of them together with the other acknowledgement copies and keep intact and then wait for the seven years.

At the dot of the seven years or some few months to the end of the seven years contact the insurance company for the completion of your claim process, though they can only release your discharge Voucher at the dot of the seven years. Complete it and send it back to the insurance company and don’t forget to get an acknowledgement copy.

It is expected that within two weeks or three weeks they should send your check to you however if after a month or thereabout they didn’t pay you and are still telling you some irritating stories report them to those that would help you to tame them as usual.