Interest Not Payable on Insurance Proceeds Until Declaration of Death

Interest is normally paid on the proceeds of a policy of life insurance thirty days after the insurer receives sufficient evidence of the claim. The requirements are mandated by statute.

estatelaw.hullandhull.com/2007/12/articles/blog-posts-hull-on-estates/interest-not-payable-on-insurance-proceeds-until-declaration-of-death/

Thoughts on liability insurance?

Forum: Managing an Online Community Posted By: Miatanet Post Time: 08-05-2007 at 11:51 AM.

www.theadminzone.com/forums/showthread.php?t=39701&goto=newpost