Death Claim
Updated: 23 October 2024
What Does Death Claim Mean?
A death claim is a request to disburse the life insurance benefits specified in the policy to the designated beneficiaries following the death of the insured.
Insuranceopedia Explains Death Claim
Upon the death of the insured under a life insurance policy, the beneficiaries become entitled to the death benefit. To receive this payment, a legally entitled beneficiary typically must visit the claims department of the insurance company, provide proof of the insured’s death, and submit a request for payment under the terms of the life insurance plan.
Related Definitions
Related Terms
Related Articles
The Future of Insurtech: How Technology is Transforming the Insurance Industry
Future Trends in Pain Management Billing and Insurance: Adapting to Change
Understanding EPO Health Insurance Plans
Leasing Vs Buying A Car: Which Is Better?
From the Experts: Top Tips for Saving Money on Your Insurance
CLUE Yourself In: How Your Claims History Informs Your Insurance Future
Related Reading
Do You Need an MRTA Policy?
A Guide To Disability Benefit Riders
Disability Insurance
What Is Seniors Life Insurance?
What Are Annuities?
What Is Burial Insurance?