Legal Question in Insurance Law in Louisiana
Does a life insurance company have to pay you your policy within 30 days from the time of the claim when a loved one passes away?
Asked on 10/16/09, 8:10 pm
1 Answer from Attorneys
Jarrett Ambeau
The Ambeau Law Firm
La. R.S. 22:1811, gives the insurer 60 days to pay a claim for life insurance from the date of proof of death, i.e., sending the death cetificate to the company. If they do not pay in 60 days, for good cause, then you may be able to collect 8% interest from the time you presented the death certificate.
I wish you well, in your time of loss.
Answered on 10/22/09, 9:08 am
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