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Traditionally, life insurance companies require only two forms to establish proof of a claim: a statement of claim, and the certificate of death (or attending physician's statement). Remember, though, that this is just a general statement, and your insurance companies reserve the right to request further information or proof if they deem it necessary. When filling out the claim form, you should have available the following information:
There are several ways of settling insurance claims. In most cases, you can opt for a lump sum benefit, or you can have the money paid to you over a time period of your choice. In the latter case, the bulk of the money remains with the insurance company and continues to gather interest. In all cases, you should check with your insurance agent, financial advisor or attorney to find out the method which would be most beneficial to your particular situation. This is also an important time to review your own insurance needs, as often these needs can change after the death of a family member or other loved one. Good organization of your own insurance information can aid survivors at the time this information is needed.