How does a life insurance beneficiary file a claim?

| March 1, 2019

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The death of a loved one is, of course, a stressful time. Not only are you grieving, you might also be bearing a heavy load of practical and logistical work related to funeral planning, bureaucracy (like getting a death certificate) and so on. One area where we hope we can make life easier: Filing a claim when you’re a life insurance beneficiary. How do you do that? Follow this simple guide. Determine that you are, in fact, a beneficiary. It all starts here. In an ideal world, your loved one will have left you clear and detailed instructions about his or her policy, including the policy number. In the real world, this doesn’t always happen. That’s why life insurance companies are required by law to conduct a search of the U.S. Social Security Administration’s Death Master File (or similar database) — literally, a federal database of everyone who has died — on at least a semi-annual basis, and then use good faith efforts to locate and contact the beneficiaries of anyone who turns up. If your loved one has a Haven Term policy issued by MassMutual, know that MassMutual, the issuer of the policy,  chooses to mine this database every month. (In related news, it’s always a good idea to notify the Social Security Administration that your loved one has died.).

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Cornerstone Insurance Plc

We are Cornerstone Insurance Plc. Incorporated on 26th July 1991 as a private limited liability company and became a Public Limited Liability, quoted on the Nigerian Stock Exchange in 1997. Our organisation was established to conduct Insurance business in a professional, ethical and customer-focused manner and has remained committed to these values over the years.

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