To: The Florida State House, The Florida State Senate, and Governor Ron DeSantis
Life insurance companies delay payout after death of loved one up to 3 weeks.
It's cruel and unusual punishment to the beneficiary of the deceased's loved ones to withhold payment from 2 to 3 weeks of a life insurance policy payout.
When your husband dies and you have no other source to pay funeral expenses, etc., and the funeral director calls the verified insurance company, only to hear it will take 2 weeks for payment to be sent, it is an extraordinary shock to the family.
What are they supposed to do?
Laws should be passed to ensure a 3 day deadline to pay the beneficiary.
When your husband dies and you have no other source to pay funeral expenses, etc., and the funeral director calls the verified insurance company, only to hear it will take 2 weeks for payment to be sent, it is an extraordinary shock to the family.
What are they supposed to do?
Laws should be passed to ensure a 3 day deadline to pay the beneficiary.
Why is this important?
My husband died on May 24, 2015, since it was a holiday 3 day weekend, we had to wait until the following Tuesday to go to the funeral home to make final arrangements. May 24 was Sunday and my deceased husband was taken to the funeral home. Was Memorial Day weekend, so everything was closed. Waiting until Tuesday, May 26 was horrible enough, only to find out all 3 of his life insurance policies would not payout. 1 is contesting the claim and the other 2 would not pay for 2 weeks.
The funeral home will not conduct any of our wishes without payment, so we stripped down the services to the bare minimum, the funeral will have no visitation, service or viewing. Which is very painful for out of towners.
We stripped the cost down to $2,100. & paid with 2 credit cards.
Although we had $11,000. We could not have the funeral the deceased wished for. This was cruel and unusual punishment to the entire family.
The funeral home will not conduct any of our wishes without payment, so we stripped down the services to the bare minimum, the funeral will have no visitation, service or viewing. Which is very painful for out of towners.
We stripped the cost down to $2,100. & paid with 2 credit cards.
Although we had $11,000. We could not have the funeral the deceased wished for. This was cruel and unusual punishment to the entire family.