My father had a small 5K life insurance…
My father had a small 5K life insurance policy with Royal Neighbors of America, and passed away 32 day before the 2 yr rider ( which he was never told about or was disclosed to him by the agent ) and now it's a cat and mouse game. RNofA states "We want you to sign this doc. so we can get the medical records to investigate it before we pay out the claim." We sign a notarized letter and send it. Now, Exam One ( RNofA 3rd party medical investigator ) wants the same thing. What floors me is (1) He was honest on the application form ; My father was an honorable and honest man.
(2) The man died 32 days before his 2 yrs rider was up, so there has to be an investigation to check for fraud ???
(3) What ever happened to full disclosure on the part of the insurance agent on the 2 yr ride ??? Was never stated or explained.
If this were a case of where there was a policy bought one day and he died the very next day , I might could see this ; This policy was 32 days away from being fine according to RNofA ... Was a simple 5K policy. It makes ZERO SENSE to me that a company would spend more for a 3rd party investigation than it would be to just pay out the policy and move on to the next fire so to speak. My mother and I had to borrow the money for my father's funeral. The worst phrase you could ever hear a funeral home say after you presented a policy to pay for final expenses is " Sir / Ma'am, We have some bad news, the life insurance company will not be honoring the policy until they have further investigated the death of your loved one." How many other people has this company and their agents sold these policies to and these poor folks make sure the premium is payed every month before they pay any other bills and then when the time comes you only find out that in fact they're not going to honor their end when it matters most ?!?! Tomorrow my father will have been dead for 60 days and We are still no closer to getting the funds to that we can pay off his funeral and close out everything.








