How i will receive insurance amount from insurance company?(Intersting interview.)?
For Example,
Product type: Life Insurance for my child
Condition: In case my child be missed or dropped in anywhere...
I hav be pay premium amount of duration insurance policy to company. How i ll get amount...
Answers:
I don't understand your questions-can you re-state it.
You can't collect the life insurance demise benefit on your child unless your child dies. Is this what you are asking?
If your child is missing or kidnap, you won't be able to collect a demise claim until it is proven that the child is dead.
If the child does die, you can bid the life insurance company on the procedures on file a death claim. Usually the instructions are stated contained by the policy.
You collect benefits from any insurance policy by file a claim for a covered event and providing the necessary proof of loss as required by the company. In the event of time insurance, it requires a death tag on the covered person. That's how you collect.