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NHS Pensions Survivors woodener V7 November 2017Life assurance and family benefitsIntroductionIntroduction3This guide provides you with information and answers questions you or your family may have
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Life assurance is a type of insurance policy that provides a lump sum payment to beneficiaries upon the death of the insured. It is designed to provide financial security and peace of mind to the insured's loved ones.
Individuals who have purchased a life assurance policy are required to file a claim with the insurance company in order to activate the policy and receive the benefits upon the insured's death.
To fill out a life assurance claim, the beneficiary will need to contact the insurance company and provide necessary documents such as a death certificate and the policy details. The insurance company will then process the claim and disburse the payment accordingly.
The purpose of life assurance is to provide financial protection and support to the insured's beneficiaries in the event of the insured's death. It helps ensure that the beneficiaries are financially secure and provided for after the insured's passing.
The information that must be reported on a life assurance claim includes the policy details, the cause of death of the insured, the beneficiaries' information, and any other relevant details requested by the insurance company.
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