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How long does it take for claims to be paid?

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in Insurance by (82.5k points)
How long does it take for claims to be paid?

My query is from driven insurance subject

I had been asked this question in an interview.

Other related questions to my question are:

How long does an insurance company have to investigate a claim?

How long does an insurance company have to investigate a claim UK?

How long does it take for claims to be paid?

How long does it take for an insurance company to pay out a claim in South Africa?

1 Answer

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Right answer is: After you file a claim, providers usually pay out within 14 to 60 days.

The title of my answer can be How quickly do life insurance companies pay out death claims?

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