How Do I Claim Life Insurance After Death?
Life insurance provides financial support to the dependents of a person who has passed away. It can be purchased privately or through an employer. There are two main types of private life insurance: term life insurance and whole life insurance. Term life insurance covers a specific period of time, while whole life insurance covers the person for their entire life.
| Steps to Claim Life Insurance |
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| 1. Contact the insurance company to start a claim. There is no time limit to claim on a life insurance policy. |
| 2. Provide the insurer with necessary documents, including a copy of the death certificate. |
| 3. Wait for the insurer to agree to pay the claim. |
| 4. Payment can be made either as a lump sum or regular payments. |
If the person who passed away was employed, they may have had life insurance through their employer. This is called a death in service benefit and provides an amount of cover linked to the person’s salary. The employer will give an ‘expression of wish’ form, which will say who the beneficiary is.
It is important to note that some older workplace pension schemes include life insurance. The amount paid out depends on different things, including the type of pension scheme the person had.
If you are unsure which insurance company the policy is with, or the company has changed its name, you can contact the Association of British Insurers for assistance in tracing insurance policies.
Claiming life insurance after the death of a loved one can be difficult. If you need support or guidance, you can find more information and support in online information resources or by contacting a support line like Marie Curie’s Support Line.
