How to collect a life insurance payout when a loved one dies
Collecting a life insurance payout after a loved one dies is a fairly straightforward process.
Start by gathering your loved one s life insurance documents, preferably before their death.
Next, notify the insurer and carefully fill out and submit your claims documents.
Losing a family member can be really hard. Late last year, my father died from prostate cancer, leaving a big hole in our hearts. But he did one very good thing for my mom decades before finding out he had cancer. He signed up for three life insurance policies that added up to a significant payout.