Death Claim

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. The rules around naming life insurance beneficiaries determine who actually qualifies. 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. The full process for collecting life insurance as a beneficiary usually takes several weeks.