Assignment Of Benefits Of Life Insurance Form Funeral Home

A statement of funeral goods and services selected for the deceased is attached hereto.

Assignment of benefits of life insurance form funeral home. Yes cigna does accept funeral assignments. If assigned prior to death and no box is selected full benefits paid to performing funeral home. The assignee funeral home is under no obligation to pay any premium or other charges on the policy. Out of the proceeds of said insurance policy.

If no services or merchandise are provided by the funeral home then all benefits shall be payable to the named beneficiary in accordance with the provisions of the policy. A funeral assignment is an agreement that is signed by a portion of the life insurance benefits at the funeral home which allows payment for funeral expenses to be made directly to the funeral home. Life insurance policy assignment. If your loved one had a life insurance policy you will need the details of the insurance company to verify to the funeral home that you have a genuine policy that will pay out and cover the funeral costs.

And i hereby authorize and direct said insurance company to make its check payable to said funeral home for the assigned amount and to pay the remainder of the proceeds of said insurance policy if any to me. Beneficiary assignment a beneficiary of a life insurance policy can fill out an assignment form at the funeral home which will allow payment of the settlement to go directly to the funeral home. Irrevocable assignment must be checked if selecting irrevocable assignment. Executed this day of.

It is for illustrative purposes only. The insurance company hereby acknowledges that by recording the irrevocable assignment of benefits it agrees to accept and abide by the terms thereof. This is an assignment of life insurance proceeds to a funeral home for the purpose of pre arranging a funeral.