Death Claim

Published: | Updated: November 23, 2017

Definition - What does Death Claim mean?

A death claim is a request to grant the life insurance benefits due under the policy to the designated beneficiaries after the death of the insured.

Insuranceopedia explains Death Claim

Upon the death of the insured in life insurance policy, the beneficiaries become entitled to the death benefit. To receive the sum, a legally entitled beneficiary is usually required to proceed to the claims department of an insurance company and bring proof of death of the insured and make a request to receive payment based on the terms of the life insurance plan.

How Well Do You Know Your Life Insurance?

The more you know about life insurance, the better prepared you are to find the best coverage for you.

Whether you're just starting to look into life insurance coverage or you've carried a policy for years, there's always something to learn.

Share this: