New question in Life Insurance FAQ

Posted on August 9, 2010 and updated September 9, 2010 in Life Insurance Canada News, Life Insurance FAQ 1 min read

New question in Life Insurance FAQ:

How do I know my Life insurance policy will pay out?

Life insurance policies generally have a two-year contestability period, which means the insurance company can contest the claim for the first two policy years if there is misrepresentation on the application. The insurance company can also contest claims for the life of the policy in the event of fraud.

LSM Insurance is very active all throughout the claims paying process. We walk the claimant through any necessary paperwork and follow-up with the insurance carrier to make sure the process is as seamless and as trouble free as possible.

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