Yes, a life insurance company will typically pay the death benefit if the insured dies overseas, as long as the death is covered by the terms of the policy.
However, the process of filing and settling a life insurance claim for a death that occurs overseas can be more complex than a domestic claim. The insurance company may require additional documentation, such as an official death certificate issued by the foreign government, as well as proof of the insured's identity and other relevant information.
It's important for the beneficiary or beneficiaries to notify the insurance company of the insured's death as soon as possible, regardless of where the death occurred. The insurance company will then provide instructions on how to file a claim and the required documentation.
In addition, there may be certain exclusions or limitations in the policy related to deaths that occur in certain countries or under certain circumstances. It's important to review the terms of the policy and consult with the insurance company or a legal or financial advisor if there are any questions or concerns about coverage for deaths that occur overseas.
Our top life insurance attorneys have handled thousands of life insurance claims involving overseas deaths. We resolved ones involving: Resolution Life; Banner Life; Midland National; John Hancock.
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