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He or she receives the full protection of a term life insurance policy, or, if the insured outlives the 30-year level premium period, he or she will receive a refund of cumulative eligible premiums* paid at the end of that 30-year period \u2014 income tax-free!
You should be able to collect the life insurance payout within 30 to 60 days after you have submitted the completed claim forms and the supporting documents.
A. Log In to your account. Select the Policy/Certificate you wish to change the ownership or assign benefits on from the My Insurance Policies/Certificates page. Click Beneficiary/Service Forms from the Customer Service Features list.
He or she receives the full protection of a term life insurance policy, or, if the insured outlives the 30-year level premium period, he or she will receive a refund of cumulative eligible premiums* paid at the end of that 30-year period \u2014 income tax-free!
As an alternative, you should give consideration to sending it by U.S. postal service. Mailing Address. PO Box 189. Cedar Rapids, IA 52406-0189. Administrative Office. PO Box 189 Cedar Rapids, IA 52406-0189. Customer Service. 1-800-527-9027. Monday through Friday 8 a.m. - 7 p.m. Central Time. Fax Number. 1-972-881-4527.
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Once a valid claim has been made, it will typically take between 14 and 60 days to receive the payment from the insurance company, and usually it occurs within 30 days.
With most insurance companies, claims are paid within 30 to 60 days after they receive the required documents, such as a copy of the death certificate, the beneficiary's current address, etc.
Provided all the information is attached, it can take 15-20 business days for the claim to be processed by Transamerica. Please retain a copy of all the claim submission documents for your records.
1. Contact the Transamerica Claims Customer Service Department at 888-763-7474.
In most cases, it is a simple matter to change the beneficiary on a life insurance policy. You simply need to contact your insurer and request a change of beneficiary form and fill out the form accurately and completely.

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