37) Commercial paper that is sold without going through a broker or dealer is known as A. book-entry - Answered by a verified Financial Professional Finance Have Finance Questions?
Life insurance is usually used to protect your income for the benefit of your dependents (although there are other reasons to purchase life insurance, such as for estate planning). You should in most cases purchase life insurance when you have dependents or when you have a large outstanding debt such as a mortgage.
State Departments of Insurance regulate this, so insurance companies are compelled to make death claims processing a top priority. You need to have everything together to start the death claim process. Be sure you have your life insurance company's death claim form and a certified copy of the death certificate. There are certainly differences in life carriers, but once everything is received with no issues you can expect 3 weeks to about 8 weeks to receive your benefits.