Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cynthia Smith passed away unexpectedly. The executor of her will contacted her life insurarice compary to fite a ciaim. The insurance company notified the agent.

image text in transcribed
Cynthia Smith passed away unexpectedly. The executor of her will contacted her life insurarice compary to fite a ciaim. The insurance company notified the agent. What is the agent's role in the claims process? 1. Facilitate the claims process 2. Contact the claimant to offer assistance 3. Let the claimant know that the payment is guaranteed 4. Confirm that the beneficiary on record is as named in the policy 5. Get a copy of the 'letters probate' from the local court Select one: a. 1, 2, 3 and 4 only b. 1,2,3,4 and 5 C. 1, 3 and 4 only d. 1 and 2 only

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Risk Sensitive Investment Management

Authors: Mark H A Davis, Sébastien Lleo

1st Edition

9814578037, 978-9814578035

More Books

Students also viewed these Finance questions

Question

Express as a product. log b t 3

Answered: 1 week ago

Question

Technology. Refer to Case

Answered: 1 week ago