1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Once the life insurance company has been notified of the death, a claim form must be filled out and returned to the life insurance company with a death certificate. Getting the death certificate is sometimes the longest part of the process. Once the insurance company receives the death claim form and death certificate, they usually pay the death benefit within weeks.
    Answered on May 6, 2013
  2. 11783 POINTS
    Larry GilmorePRO
    Agent Owner, Gilmore Insurance Services, Marysville, Washington State
    How long does it take to collect proceeds from a life policy? Not all that long.  Most of the time is spent getting the information together. You are going to need a certified copy of the certificate of death. Actually you should have 5 or 6 made as you will need them for other things besides insurance.  When you have the paperwork together and submit, usually it doesn't take long for payment to be sent to the beneficiaries.  Usually about 5 working days or so with the companies I have worked with.  You also will receive interest on the money held while the paperwork is being put together as part of the claim.
    Answered on May 6, 2013
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