ALOHA INSURANCE SERVICES

Hawaii's Full Service Agency
Aloha Insurance Logo
Insurance for
Business
Builders &
Developers
Condominium
Associations
Homeowners
Insurance
Life & Health
Insurance
Auto
Insurance
Marine
Insurance
GET A
QUOTE!

 Home
 Service Center
 Request Certificates
 File A Claim
 Pay A Bill
 Multimedia Library
 Contact Us
 Jobs@Aloha

Get A Quote

Homeowners
Alert!
Learn About...

Click to access your
Aloha Insurance eBinder

 

To begin the claims process:

  • Get several copies of the death certificate
  • Call your insurance agent. He or she can help you fill out the necessary forms and act as an intermediary with the insurance company. (Donít keep life insurance policies in your safe deposit box. In most states, safe deposit boxes are sealed temporarily upon the death of the owner, which can delay the settlement. ) If you donít have an insurance agent, or donít know who the deceased's agent was, contact the company directly.
  • Submit a certified copy of the death certificate from the funeral director with the policy claim. Once the claim is submitted, a settlement should be issued to you shortly. Once a life insurance claim is submitted, you must determine how the proceeds will be distributed. These are some of the options available:
    • Lump sum
      You receive the entire death benefit in a single amount.

    • Specific income provision
      The company pays you both principal and interest on a predetermined schedule.

    • Life income option
      You receive a guaranteed income for life. The amount of income depends on the death benefit, your gender and your age at the time of the insured's death.

    • Interest income option
      The company holds the proceeds and pays you interest on them. The death benefit remains intact and goes to a secondary beneficiary upon your death.
Portions courtesy of and © Insurance Information Institute (www.iii.org) Copyright © 2001-2017 Aloha Insurance Services, Inc. Kona HI All rights reserved.
HOME | Contact Us | Our Partners | Jobs@Aloha | Site Map | Your Privacy | Insurance Glossary | Agent Login

Notary service available at our Kona location