Someone's opinion regarding the insurance companies that only sell the promise was not eroded the amount of life insurance demand, even in 2014 estimated life insurance grew by 25% -30%. Not all insurance companies sell only a mere promise, there are many reliable insurance companies that really will ease the process of life insurance claims. Life insurance is a form of protection if the insured sudden death.
Actually, the cause of life insurance claims is not paid can be derived from the customer or the insurance company itself. It's good if you know some causes of failed insurance claims paid.
1. THE CAUSE OF ANY CUSTOMER
You need to know that not all the causes of life insurance claims of default caused by the insurance company. There are some common mistakes when filing insurance claims customers' lives, such as:
Dishonesty customers usually occur when a potential customer fills SP Insurance Application Letter containing a variety of questions that will affect the insurance company's decision to provide protection or not.
There are some exceptions written in the policy related to the cause of death of the insured, the general exception occurs if it turns deaths caused by suicide, AIDS, the insured committed a crime, death because things are unpredictable and can not be avoided (ex .: natural disasters, riots, war, etc.), and death due to critical illness at the time of the insured insurance program in the first year.
Each insurance company has a deadline for submission of insurance claims are diverse but generally limit for submission of claims is three months. However, many are filing insurance claims exceeded the specified time limit. We recommend that you first read the life insurance policy to find out how much the deadline time limit for submission of claims life insurance provided by an insurance company.
The documents relating to the life insurance claims submission requirements are incomplete makes the process of filing insurance claims halting.
Life insurance claims also can fail if in the process of payment of insurance premiums the insured does not pay the premium within the period specified by the insurance company. Pay insurance premiums on time so you avoid the risk of invalidity insurance policy.
2. CAUSE OF ANY INSURANCE COMPANY
In general, there are two causes of failure of payment of insurance claims caused by the insurance company itself, among which agents of insurance companies that do not convey the true and honestly linked insurance products and insurance company's own naughty claim not pay life insurance in accordance with the insurance policy. But not all insurance companies like it, therefore you should be selective in buying a life insurance policy in order to avoid the risk of life insurance claims are not paid by the insurance company.