(Picture) In the face of cancer, stroke and heart disease, how should we withdraw insurance claims in advance? ｜Six steps to a smooth claim settlement

in"How to choose and evaluate the pre-mortem benefit clauses of American life insurance"In the column, American Life Insurance Guide©️ introduces some American life insurance companies that are positioned as "comprehensive protection"Cancer, stroke, heart disease, chronic diseaseIn many cases, you can take money out of the death compensation in advance, and you can get the additional terms of the compensation while you are alive.

In real life, our chances of getting sick are much higher than our chances of dying accidentally—according to a real-time report from the World Health Organization, Heart disease and stroke are the biggest killers in the world*.Therefore, at the beginning of the diagnosis of the disease, it can be obtained in advanceClaim cash, It will greatly help us and our family to manage the double risks of health and finance at this time.

in"What are the additional terms of U.S. life insurance"In the article, the American Life Insurance Guide©️ introduced this kind of additional clause called "Prepayment of Death Claims" (APR)" and "Additional terms for early settlement of major illnesses (ABR-Critical Illness） ”。

So, when we or our loved ones are diagnosed with heart disease or stroke, how can we make ABR claims?What is the process of claim settlement from ABR?The American Life Insurance Guide©️ draws the following figure.

The above six steps are a standardized process for all insurance companies to carry out ABR claims. The specific claims process of each insurance company depends on the agreement of different additional clauses for pre-declaration claims before death.

for"Chronic disease"For the settlement of claims, different insurance companies will be based on "Permanent"still is"Non-permanent"These two situations are judged. Some insurance companies areNon-permanent"Chronic diseases do not provide claims. Therefore, policyholders need to confirm in advance when applying for insurance.

appendix
01. "The top ten causes of death in the world", 2018.05.24, World Health Organization official website, https://bit.ly/3c38mjh