How long does it take to cash out life insurance policy

How long does it take to cash out life insurance policy
  • It takes 6 months to cash out a life insurance policy.
  • Processing of the fund takes 7-10 days 

Explanation

The processing of the fund takes only 7-10 days and the insurance company is bound to pay the payment in 6 months to the beneficiary of the policyholder. According to US life insurance law, your insurance company has no right to delay your payment amount for more than 6 months. You have the legal right to use against the life insurance company without any delay in such a case.

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