Death Claim
Updated: 09 June 2023
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.
Related Definitions
Related Terms
Related Articles
Commercial Insurance Premiums: How Are They Calculated?
How to File a Claim that Gets Paid Sooner
Guidance for Nurses: Five Essential HIPAA Compliance Tips
Insuring Your Financial Future: the Crucial Role of Accounting in Insurance
The Future of Insurtech: How Technology is Transforming the Insurance Industry
Related Reading
Fusing Loan Management with Personal Risk Mitigation
Is Life Insurance Taxable?
What is a Participating Life Insurance Policy?
Limited Pay Life Policy
Indexed Universal Life Insurance
How Much Is a $100,000 Life Insurance Policy?