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Compliance Series Webinar #2 of 5: Claims Payment Best Practices

Alliance Virtual Events

Compliance Webinar #2 of 5: Claims Payment Best Practices

August 25, 2021 | 1:00 – 1:45 PM CT

When it comes to life claims, effective initial communication is key to managing a consistent and efficient customer experience. This webinar reviews the state timelines within which to acknowledge a claim and the initial communication requirements a carrier must give to the claimant. Paying claims in a timely manner eliminates the need to pay interest on overdue claim payments. Legal requirements involved in paying a timely claim are reviewed as well as when state mandated interest must be calculated and added to the claim payment.

Handouts: Copy of presentation, Claims Communication Timelines, Interest Rates

This event is complimentary for Alliance members. Non member fees are $100 per person.